Has India Really Climbed 79 Ranks in the World Bank's EoDB List?

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Has India Really Climbed 79 Ranks in the World Bank's EoDB List?

Synopsis

India has made significant strides in its business environment, climbing 79 ranks in the World Bank's ease of doing business list. The government has launched initiatives aimed at enhancing investment and economic growth. Discover how these reforms are reshaping the business landscape in India and what the future holds.

Key Takeaways

India's ranking improved by 79 ranks in the EoDB.
Initiatives like BRAP aim to attract investment.
Over 9,700 reforms implemented across states.
Focus on reducing compliance burdens.
India will feature in the upcoming B-Ready Report in 2026.

New Delhi, Feb 10 (NationPress) India has made a remarkable leap of 79 ranks in the ease of doing business (EoDB) over the past five years, according to the latest rankings revealed by the World Bank Group, as reported in Parliament on Tuesday.

In the wake of the cessation of the Doing Business Report (DBR) in 2020, the World Bank initiated the B-Ready Assessment in 2024 to analyze over 180 countries across ten critical business lifecycle topics: Business Entry, Business Location, Utility Services, Labour, Financial Services, International Trade, Taxation, Dispute Resolution, Market Competition, and Business Insolvency.

The Minister of State for the Ministry of Commerce & Industry, Jitin Prasada, indicated in a written response in the Lok Sabha that India will feature in the forthcoming Third B-Ready Report, which is set to be published in 2026.

To enhance India's business environment, attract investments, and stimulate economic growth, numerous initiatives have been launched by the Department for Promotion of Industry and Internal Trade (DPIIT), including the Business Reforms Action Plan (BRAP) under the overarching Ease of Doing Business initiative, as stated by the minister.

The BRAP initiative, which commenced in 2014, aims to streamline regulations, lessen compliance burdens, and implement digital solutions to improve the business landscape in India.

Noteworthy reforms include the establishment of single window systems, simplification of building permissions, enhancement of inspection processes, and digitization of various business operations. These reforms are designed to make India a more appealing destination for both domestic and foreign investments, the minister elaborated.

Up to now, seven editions of BRAP (2015, 2016, 2017-18, 2019, 2020, 2022, and 2024) have been completed, with States/UTs assessed accordingly. The seventh edition, BRAP 2024, is currently underway. More than 9,700 reforms have been implemented across States and Union Territories, as explained by the minister.

Under the Regulatory Compliance Burden (RCB) initiative, introduced by the Government of India in 2020, Central Ministries/Departments and States/UTs engaged in a self-identification exercise to alleviate excessive compliance for businesses and citizens. Consequently, over 47,000 compliance issues have been eliminated in the last five years, he added.

Point of View

India's leap in the ease of doing business rankings signifies a crucial turning point for the economy. The government's commitment to reforming the business landscape is commendable, reflecting a proactive approach to attracting investments and enhancing competitiveness. It is essential to sustain this momentum to ensure long-term economic growth and stability.
NationPress
10 May 2026

Frequently Asked Questions

What is the ease of doing business ranking?
The ease of doing business ranking measures how conducive a country's regulatory environment is to starting and operating a business, based on various factors.
How has India improved its ranking?
India has improved its ranking through initiatives aimed at streamlining regulations, reducing compliance burdens, and implementing digital solutions.
What are the key initiatives taken by the Indian government?
Key initiatives include the Business Reforms Action Plan (BRAP) and the Regulatory Compliance Burden (RCB) initiative, focusing on enhancing the business environment.
What is the B-Ready Assessment?
The B-Ready Assessment is a new evaluation launched by the World Bank to analyze the business environments of over 180 countries across ten critical topics.
When will the next B-Ready Report be released?
The next B-Ready Report is scheduled to be released in 2026.
Nation Press
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