Updated By: LatestGKGS Desk
The World Bank has released its Ease of Doing Business (DB) Report 2018, Reforming to Create Jobs on 31 October 2017. As per the report, India ranked 100 among 190 countries, assessed by the Doing Business Team.
The Doing Business Report assessed 190 economics and covers 10 indicators which span the lifecycle of a business. India jumped over 30 ranks this year to attain the 100th spot in the ease of doing business list. It was ranked at 130th position in the 2017 Doing Business Report.
The Narendra Modi Government vowed to remove red-tape, eliminate procedural delays and turn India into a sought-after investment destination, has set a target of leapfrogging to a rank of 90 in 2017-18 and 30 in the Doing Business survey by 2030.
As per the report, Brunei Darussalam, Thailand, Malawi, Kosovo, India, Uzbekistan, Zambia, Nigeria, Djibouti and El Salvador were the most improved economies in 2016/17.
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