PM asks officers to analyse India’s low ranking in World Bank report

RSTV Bureau

Prime Minister Narendra Modi secretaries to analyse the World Bank’s Ease of Doing Business Report after India ranked 130th in the recent report

“Mentioning the World Bank’s latest Report on Ease of Doing Business, the Prime Minister asked all chief secretaries and all secretaries of the government of India to analyze the potential areas where there is scope for improvement in their respective departments and states. He asked for a report from all concerned in this regard, within a month, and asked the cabinet secretary to review the same thereafter,” an official statement said.

File Photo of Prime Minister Narendra Modi.

File Photo of Prime Minister Narendra Modi.

Prime Ministers direction comes at time Department of Industrial Policy and Promotion in a statement said that over the past two years, government has implemented a host of reforms to make it easier for businesses to start, operate and exit.

“It is therefore disappointing that these achievements are not covered by the report due to methodological issues,” it said.

After PM’s instructions, DIPP is expected to appoint external agencies “to help departments carry forward reforms, hold stakeholders consultations, and monitor implementation of reforms”.

On Tuesday Commence Minster openly exposed governments stand and said World Bank ignored or not considered 12 key programmes of the Modi government.

“Bit disappointed that efforts of government and states not captured in World Bank’s ease of doing business report,” said Nirmala Sitaraman

Union Commerce & Industry Minister Nirmala Sitharaman addressing a press conference in New Delhi Photo-PTi

Union Commerce & Industry Minister Nirmala Sitharaman addressing a press conference in New Delhi
Photo-PTi

In the regent WB’s report, India continues to rank low at 130th position in terms of ease of doing business, with the country seeing little or no improvement in dealing with construction permits, getting credit and other parameters.

The list of countries in the Doing Business 2017 is  topped by New Zealand while Singapore is ranked second. It is followed by Denmark, Hong Kong, South Korea, Norway, the UK, the US, Sweden and former Yugoslav Republic of Macedonia. Neighbouring Pakistan is ranked 144th in the list.