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August 29, 2017

Press Release by NITI Aayog about the Ease of Doing Business Report's Methodology

The NITI Aaoyog has issed a clarification regarding the Ease of Doing Business Report launched on August 28, 2017.


"In recent years, there has been tremendous progress in easing various processes related to doing business. This has been verified by the World Bank... It is important to note that the enterprise responses are based on their past experiences and perceptions on doing business, dating as far back as 10 years or more. Reforms such as single window clearance systems would not be applicable to many firms covered in the survey... The survey finds that firms in many states take considerably less time in obtaining approvals than reported by the World Bank data. On average, firms reported taking far less time in getting construction permits. In some states such as Madhya Pradesh and Bihar, getting a construction permit takes even fewer days. Similarly, on average, it took enterprises about half the time to resolve legal disputes as was reported in the World Bank Survey."


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