NEW DELHI: Legislative, administrative and policy measures taken by the government would help in further improving India’s ranking in ‘ease of doing business’, Commerce and Industry Minister Suresh Prabhu today said.
India has jumped 30 places to rank 100th in the World Bank’s ‘ease of doing business’ ranking, helped by a slew of reforms in taxation, licensing, investor protection and bankruptcy resolution.
In a video message, he said: “I think this is just the beginning. He has initiated a number of measures, which may not have been captured in this particular ranking study. So as we can see in the next few years’ time, we will see it improving again and again.”
Prabhu said reforms to ease business climate would help Indian entrepreneurship to blossom.