Modi hails improvement in global ease of doing business ranking
New Delhi Oct 31 (IANS) Prime Minister Narendra Modi hailed as "historic" India s jump of 30 ranks in the World Banks Doing Business Report 2018 released on Tuesday and said his regime would strive to further improve the country s standing.
India s rank has risen to 100 in the latest report compared to 130 last year in "ease of doing business".
Calling the improvement in the ranking "historic" Modi in a series of tweets said it was the outcome of "the all-round & multi-sectoral reform push of Team India".
"Easier business environment is leading to historic opportunities for our entrepreneurs particularly MSME sector & bringing more prosperity " he said adding the government was determined to further improve the rankings and scale greater economic growth "guided by the Mantra of ‘Reform Perform & Transform ".
He also tweeted a chart which showed India s ranking had gone down from 132 in 2011 to 142 in 2014 during UPA s rule while it improved after the NDA came in power. In 2015 and 2016 the ranking was 130 and it improved to 100 in 2017.
"Over the last 3 years we have seen a spirit of positive competition among states towards making business easier. This has been beneficial " he said.
Modi said it was never easier to do business in India. "India welcomes the world to explore economic opportunities our nation has to offer!"
--IANS
spk/vd
