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ARTICLE · 18 NOVEMBER 2019

Doing Business 2020: India's Rank Jumps By 14 Places

S.S. Rana & Co.
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The Report states that the developing economies are catching up with the developed economies in the ease of doing business.

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The World Bank on October 24, 2019 released it's annual report on Doing Business 2020: Comparing Business Regulation in 190 Economies. The study analyses the regulations that enhance business activity and those which constrain it. The Report claims that Data in Doing Business 2020 are current as of May 1, 2019 and the indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where and why.

The Report states that the developing economies are catching up with the developed economies in the ease of doing business.

THE OVERVIEW OF REPORT

  • Worldwide, 115 economies made it easier to do business
  • The economies with most notable improvement in Doing Business 2020 are Saudi Arabia, Jordan, Togo, Bahrain, Tajikistan, Pakistan, Kuwait, China, India and Nigeria.

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