Ease of doing business: India jumps 23 ranks

02 Jan 2019 Editorial Team

After India climbed 23 ranks in the World Bank’s Ease of Doing Business index to 77th place, Prime Minister Narendra Modi has set an ambitious target for the country: To make it to the top 50!

As Durga Shanker Mishra, Secretary, Ministry of Housing and Urban Affairs, informed the media at a NAREDCO event, “An unprecedented jump of 129 places in just one go was achieved by the country. Last year, we were a little disappointed as our rank was 181, from 184. But with the efforts and hard work of the Indian Government and the state governments leaving no stone unturned, we have managed to achieve a remarkable milestone.”

In accordance with the Prime Minister’s Developed India by 2020 plan, Mishra added, “By March 2019, we plan on permitting a 100-per-cent ease of doing business structure throughout the country. The Prime Minister intends coming in the top 50, which will also trigger the target of a $5-trillion economy with multitudes of development in movement that will improve the quality of life of the country.”

India was ranked 142nd among 190 nations in 2014 and 130th in 2017. However, four years of reform pushed up India's rank to 100th in the World Bank's Doing Business 2018 report. India has improved its ranking by 53 positions in the past two years and 65 places in four years since 2014.

The World Bank’s Doing Business report weighs how easy or difficult it is for private enterprises to meet government regulations and ranks 190 countries based on 10 parameters, including starting a business, construction permits, getting electricity, getting credit, paying taxes, trade across borders, enforcing contracts and resolving insolvency.

As reported, the Indian Government is working on a new industrial policy to blend realities with progress. To invite innovative ideas based on Artificial Intelligence, the Internet of Things, big data analytics, blockchain and other cutting-edge technologies to reform government processes, the Prime Minister has also launched the Ease of Doing Business Grand Challenge – the platform for this is the Startup India Portal.

After India climbed 23 ranks in the World Bank’s Ease of Doing Business index to 77th place, Prime Minister Narendra Modi has set an ambitious target for the country: To make it to the top 50! As Durga Shanker Mishra, Secretary, Ministry of Housing and Urban Affairs, informed the media at a NAREDCO event, “An unprecedented jump of 129 places in just one go was achieved by the country. Last year, we were a little disappointed as our rank was 181, from 184. But with the efforts and hard work of the Indian Government and the state governments leaving no stone unturned, we have managed to achieve a remarkable milestone.” In accordance with the Prime Minister’s Developed India by 2020 plan, Mishra added, “By March 2019, we plan on permitting a 100-per-cent ease of doing business structure throughout the country. The Prime Minister intends coming in the top 50, which will also trigger the target of a $5-trillion economy with multitudes of development in movement that will improve the quality of life of the country.” India was ranked 142nd among 190 nations in 2014 and 130th in 2017. However, four years of reform pushed up India's rank to 100th in the World Bank's Doing Business 2018 report. India has improved its ranking by 53 positions in the past two years and 65 places in four years since 2014. The World Bank’s Doing Business report weighs how easy or difficult it is for private enterprises to meet government regulations and ranks 190 countries based on 10 parameters, including starting a business, construction permits, getting electricity, getting credit, paying taxes, trade across borders, enforcing contracts and resolving insolvency. As reported, the Indian Government is working on a new industrial policy to blend realities with progress. To invite innovative ideas based on Artificial Intelligence, the Internet of Things, big data analytics, blockchain and other cutting-edge technologies to reform government processes, the Prime Minister has also launched the Ease of Doing Business Grand Challenge – the platform for this is the Startup India Portal.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..