Central and state governments have introduced a plethora of reforms across the various areas of doing business, which have contributed to India’s leap of 79 positions from the 142nd rank (out of 190 economies) in 2014 to the 63rd rank in the latest Doing Business Report of the World Bank. Sustaining this reform momentum can drive new investments including from overseas.
This paper identifies immediate and medium term measures in 8 areas for ease of doing business that can reduce costs and time for making Indian industry competitive.