India surged 23 spots to reach 77th position among 190 countries in World Bank’s Ease of Doing Business ranking. This is India’s second big jump in a row and marks a huge step forward in Narendra Modi government’s efforts to ease processes, project a business-friendly environment, and draw in foreign investment.
India has not only made an extraordinary progress but has also become the highest ranked economy in South Asia.
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New Zealand, Singapore, and Denmark secured the first three ranks in the 190-country list, while Afghanistan made a huge progress among South-Asian countries besides India.
Photo: Reuters