Friday, Apr 26, 2024 | Last Update : 04:50 PM IST

  Business   Economy  30 Nov 2016  Govt to analyse World Bank's doing biz report

Govt to analyse World Bank's doing biz report

PTI
Published : Nov 30, 2016, 4:05 pm IST
Updated : Nov 30, 2016, 4:05 pm IST

India's rank remained unchanged at 130th out of 190 countries in the World Bank's latest report.

The government has been making efforts to further improve the ease of doing business and aims to bring the country in the top 50.
 The government has been making efforts to further improve the ease of doing business and aims to bring the country in the top 50.

New Delhi: The central government ministries and departments have been asked to analyse the World Bank's latest report on ease of doing business, Parliament was informed today.

"Ministries/departments concerned have been provided with the next set of reforms and have been asked to identify additional areas related to the department where reforms and corrective measures need to be taken to ensure time bound and effective implementation of the reforms," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Rajya Sabha.

India's rank remained unchanged at 130th out of 190 countries in the World Bank's latest report. The minister also informed that nodal departments/ ministries have been identified towards various 10 indicators of the report.

"Each such department/ministry shall, in coordination with state government of NCT of Delhi and Maharashtra be responsible for reducing procedures, time and cost across each indicator," she said.

Further, they have been asked to pursue regular engagements with stakeholders to receive feedback/inputs and also conduct workshops with the users and stakeholders to familiarise them with the reforms.

The government has been making efforts to further improve the ease of doing business and aims to bring the country in the top 50.

Tags: world bank, ease of doing business, nirmala sitharaman, india
Location: India, Delhi, New Delhi