Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

India up one position in WB ease of business ranking I

  1. Ranking: India improved its position to 130 in the World Bank Ease of Doing Business 2017 report
  2. Last year: It was placed at 131 according to the revised rankings for last year
  3. India could not improve its ranking more despite reform measures because other countries around it in the ranking list also did well last year
  4. However, India had made a noticeable improvement in the distance to frontier (DTF) score — an absolute measure of progress towards best practices

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