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India’s ranking in the World Bank’s annual Doing Business survey improved by just one notch to 130 in its 2017 report from a revised rank of 131 last year, highlighting a gap between policy measures and their implementation. The World Bank lowered India’s ranking for last year to 131 from 130 announced last year. Out of 10 parameters, India’s ranking this year improved in two, remained unchanged in three and worsened in five. The government was expecting at least a 10-spot jump on the back of several ease of doing business measures taken in the past two years. The World Bank, however, does not take into account government notifications of reforms, basing the rankings instead on field surveys and interviews with corporate lawyers and company executives.
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