Business and Industries
Will ensure that a conducive, enabling environment is created making ‘doing business’ in India easy
Adequate Progress
India’s rank in ‘Ease of Doing Business’ improved from 134rd rank in 2014 to 77th rank in 2019 among 190 countries assessed by the World Bank. This is an improvement of 57 places.
The parameter wise score is given below:
| 2014 Rank | 2019 Rank | Remark | |
| Starting A New Business | 179 | 137 | No. of average days required to start a business reduced from 27 to 16.5 |
| Dealing With Construction Permits | 182 | 52 | No. of average days for dealing with construction permits cut from 168 in 2014 to 95 in 2019 |
| Getting Electricity | 111 | 24 | No. of average days for getting electricity cut from 67 days in 2014 to 55 days in 2019 |
| Registering Property | 92 | 166 | No. of average days for registering days shot up from 44 days in 2014 to 69 days. |
| Getting Credit | 28 | 22 | Score on strength of legal rights improved from 8 in 2-14 to 9 in 2019. Score is out of 12 |
| Protecting Minority Investors | 34 | 7 | The score on disclosure index improved from 7 in 2014 to 8 in 2019 |
| Paying Taxes | 158 | 121 | Number of hours spent per year paying taxes shot up from 243 to 275 hours |
| Trading Across Borders | 132 | 80 | |
| Enforcing Contracts | 186 | 163 | |
| Resolving Insolvency | 121 | 108 | Recovery rate increased from 25.6 in 2014 to 26.5 in 2019 |
It must be noted that India’s ranking is based on the performance of Mumbai and Delhi and therefore in not accurately representative of entire country.
Over all, since, India’s rank has been improved up to 77th rank, a jump of 57 places, it has been given the status “Adequate Progress”.
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