This picture says that India’s ranking among “Doing Well Business” 2017 edition by World Bank.
India ranks at 130/190 as Overall, about 50 lower places than China.
DB 2017 is consist of the below elements.
Starting a Business: 155
Dealing with Construction Permits: 185
Getting Electricity: 26
Registering Property: 138
Getting Credit: 44
Protecting Minority Investors: 13
Paying Taxes: 172
Trading across Borders: 143
Enforcing Contracts: 172
This overall rank has been raised up 1 rank than the previous year(2016 edition) though, still there is a long way to catch up with Northeast Asian countries.
How this would be transformed…..?
If majority people follow the ideas/schemes by PM Modi’s proposal and if they wil work hard more, thing would be more going well though…..