WASHINGTON: Among the 189 countries India ranked 142, surveyed for the latest World Bank’s “Ease of Doing Business” report released today, a drop by 2 places from the last year’s ranking, as Singapore topped the list.
The fall in India’s ranking from the last year’s 140 is mainly because other nations performed much better, Bank officials said. India’s ranking originally stood at 134 last year, but has been now adjusted to 140 by the Bank to account for fresh data.
India had 52.78 points In the 2014 report, and this year it scored 53.97 points.
The latest ranking, however, does not take into account a slew of measures taken by the PM Modi’s Government to make India a business friendly destination.
