CII in association with its knowledge partner KPMG released a report on “Ease of Doing Business in India” against the backdrop of the Second Meeting of the CII National Council for 2014-15 held on 19 May, 2014 at Chennai.
The report identifies key areas for reform which will enable doing business in India, including setting up of business, land acquisition, taxation and contract enforcement.
It is based on a survey conducted amongst Indian industry followed with extensive primary and secondary research to assess the prevailing business regulatory environment in the country. Key issues highlighted include lack of an effective land acquisition process, unfavorable taxation regime, high cost of starting a business, complicated and time consuming contract enforcement process.