India’s ranking in the Ease of Doing Business Index is sometimes seen in the news. Which of the foll

Question

India’s ranking in the Ease of Doing Business Index is sometimes seen in the news. Which of the following has declared that ranking?

Accepted Answer

The World Bank's Ease of Doing Business report indicates that India's position has improved from 142 to 130. This improvement is attributed to:Ease of starting a businessDealing with construction permitsGetting electricity permitsNow, companies can get connected to the grid and commence their business 14 days sooner than before. However, the number of days it takes to start a new business has increased marginally from last year, from 28.4 to 29.Credit is one area where India performs poorly and needs to improve. Access to credit and ease of paying taxes has worsened, according to the World Bank’s Doing Business Report 2016.