PM Modi: World Bank ranking result of all-round reform push

RSTV Bureau

Prime Minister Narendra Modi hailed as “historic” the jump in India’s ranking in ‘ease of doing business’ and said it was a result of “all-round & multi-sectoral reform push”.

He said the government was determined to further improve the rankings and scale greater economic growth with the mantra of ‘reform, perform and transform’.

On Tuesday evening the World Bank came out with its report on ‘ease of doing business’ and ranked countries on the basis of it.

India jumped 30 places to rank 100th in the World Bank’s ‘ease of doing business’ ranking. The jump came about because of a slew of reforms in taxation, licensing, investor protection and bankruptcy resolution.

The Prime Minister also welcomed the world to explore business opportunities in India.