Ease of doing business!
October 2005

Ease of doing business!

Views: 702

World Bank and International Finance Corporation have released a report “Doing Business in 2006”, which provides ease of doing business ranking of 155 countries. The ranking is based on 10 parameters.

• Ten parameters are — starting a business, dealing with licenses, hiring and firing workers, registering property, getting property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and closing a business.
• New Zealand has emerged as the top most country in the ranking, which implies that it is easiest to do business in there.
• India is positioned at 116th, which comes after China (at 91st), Pakistan (60th), Sri Lanka (75th) and Nepal (55th)
• It took 11 procedures, 71 days and cost 61.7% of per capita income on an average for starting a business in India in January 2005, according to the report.

East Asia and Pacific performs well on the ease of doing business

Time to start a business (days)

Get a chance to meet who's who of Transport ecosystem in India including key policymakers from Central and State Governments. Join us at National Summit on ‘Strategy for Ports, Highways Infrastructure and Logistics Efficiency , New Delhi on Aug 13, 2018 to explore business opportunities. Like and connect with us on Facebook, Linkedin and Twitter.

Recommended from all portals

Click to comment

Leave a Reply

Your email address will not be published.

Latest News

To Top