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

World Bank team in India to assess ease of doing business

  1. India is currently ranked 142 among 189 nations in World Bank’s Ease of Doing Business 2015 study.
  2. With the exception of 2 parameters (Getting credit and Protecting minority investors), India does not feature in the top 100 in the remaining parameters.
  3. Recent measures taken by the GoI on the ease of doing business?
  4. Removal of minimum paid-up capital requirement for companies, only 3 documents required for exports and imports, removal of requirement of filing declaration of commencement for companies etc.