The World Bank publishes an annual index ranking countries on the “The Ease of Doing Business”. The index is used to rank the relative position of countries, where a higher ranking indicates relative ease of starting and conducting business. A high rank is indicative of simpler, better regulations for businesses and stronger protections of property rights.
The research presents data for 189 economies and aggregates information from 10 areas of business regulation:
- Starting a Business
- Dealing with Construction Permits
- Getting Electricity
- Registering Property
- Getting Credit
- Protecting Minority Investors
- Paying Taxes
- Trading across Borders
- Enforcing Contracts
- Resolving Insolvency
Progress between 2014-17
India has jumped 4 places on the Ease of Doing Business from 134 to 130.