World Bank publishes an index known as Ease of doing business on parameters that explain the ease of doing business in a country. In a short period of four years, India has achieved a rise of 65 ranks and Jim Yong Kim, World Bank president congratulated Narendra Modi, Prime Minister, for this “historic rise”. He promised that World Bank will offer “unflinching and continued support” to our Nation.
India has been index as a “historic and unprecedented achievement”. Kim appreciated the steadfast commitment and leadership of our PM, Modi. He also congratulated the Prime Minister for receiving UNEP Champions of the Earth Award and the Seoul Peace Prize.
Junaid Ahmed, World Bank Country Director for India said the leap in ranking will attract more foreign direct investments and attract more business.
Chandrajit Banerjee, Director General of Confederation of Indian Industry (CII) also added that improvement in ranking will boost investor sentiments.