Shankkar Aiyar, Visiting Fellow at IDFC Institute, deconstructs India's poor performance on World Bank's Ease of Doing Business ranking.
"Often rankings are dragged down by one or two sectors. The converse seems to be true for India. Ranking in seven of ten parameters are worse than the overall story. Critically, this year, India’s rankings have slid in five of ten segments -- starting a business, dealing with construction permits, getting credit, protecting minority investors resolving insolvency. India could have slipped in the rankings had it not been for the jump from 51 to 26 in “getting electricity”.
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