Targeting Ease of Doing Business in India

A jump of 79 positions to 63 in 2019 from 142 in 2014 in World Bank’s Doing Business rankings.

  • India still trails in parameters such as Ease of Starting Business, Registering Property, Paying Taxes and Enforcing Contracts.
  • Survey has numerous case studies:
    • For merchandise exports, the logistics process flow for imports is more efficient than that for exports.
    • Electronics exports and imports through Bengaluru airport illustrate how Indian logistical processes can be world class.
  • The turnaround time of ships in India has almost halved to 2.48 days in 2018-19 from 4.67 days in 2010-11.
  • Suggestions for further Ease of Doing Business:
    • Close coordination between the Logistics division of the Ministry of Commerce and Industry, the Central Board of Indirect Taxes and Customs, Ministry of Shipping and the different port authorities.
    • Individual sectors such as tourism or manufacturing require a more targeted approach that maps out the regulatory and process bottlenecks for each segment.