India has been placed at 130th position among the 189 countries in the recently released World Bank’s 2016 rankings of Ease of Doing Business Report. In this edition of list, India has moved up by four spots in the global rankings compared to earlier 134th rank in recalculated 2015 rankings.
India is one of the countries that have made the most improvement, capturing the initiative of the government in a separate section. It has made the biggest improvement among the South-Asian countries in business regulations. India has made large improvements in two indicators, starting a business (155th rank) and getting electricity (70th rank).
Top 10 Countries: Singapore (1st), New Zealand (2nd), Denmark (3rd), South Korea (4th), Hong Kong (5th), United Kingdom (6th), United States (7th), Sweden (8th), Norway (9th) and Finland (10th). BIRCS Nations: India ranks lowest in Doing Business among the BRICS nations. Russia (51), South Africa (73), China (84), Brazil (116) and India (130). India’s Neighbours: Bhutan (71), China (84), Nepal (99), Sri Lanka (107), Maldives (128), Pakistan (138), Bangladesh (174)