India has shot up by 23 spots to reach the 77th position among 190 nations in World Bank’s Ease of Doing Business ranking. The advance – the second big jump in a row – marks a huge step forward in Narendra Modi government’s efforts to ease processes, project a business-friendly environment, and draw in foreign investment. Last year, India progressed 30 positions to reach the top 100. When the NDA came to power in 2014, India stood 142nd in World Bank’s “Doing Business” list.
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