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India jumps 23 places to rank 77 in World Bank’s Ease of Doing Business, tops South Asia for the first time

7 6 205

India has climbed 23 spots on the World Bank’s Ease of Doing Business (EODB) Index in the last two years, and now ranks #77 among 190 global economies. And for the first time ever, it is also the top ranked economy in South Asia. (In 2014, it was ranked sixth.) Among the BRICS nations, India is now placed third. What helped this upward climb was the introduction of GST and the reduction in corporate tax rate.

The World Bank has also listed India among the “top 10 improvers” for the second time in a row. It........

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