ईज ऑफ डूइंग बिजनेस की लिस्ट में भारत ने लम्बी छलांग लगाईं

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वर्ल्ड बैंक की लिस्ट में 30 पायदान ऊपर उठकर 100वें स्थान पर पहुंचा 

छोटे शेयरधारकों की सुरक्षा के मामले में अब चौथे स्थान पर

व्यवसाय के लिए क्रेडिट उपलब्ध होने में 29 वें स्थान पर

इलेक्ट्रसिटी कनेक्शन मिलने के लिए 29वें स्थान पर

नई दिल्ली । भारत की छवि औद्योगिक निवेश के मामले में सुधरने लगी है. वर्ल्ड बैंक की ओर से जारी ईज ऑफ डूइंग बिजनेस की लिस्ट में भारत 30 पायदान ऊपर उठकर 100वें स्थान पर पहुंच गया है. विपक्ष के तीखे हमले के बीच यह खबर मोदी सरकार को बड़ी रहत देने वाली है जबकि इसे उनकी बड़ी उपलब्धि के रूप में माना जा रहा है. इससे संकेत यह मिला है कि भारत में बिजनेस करना अब आसान हो गया है. पिछले वर्ष इस मामले में भारत 130वें स्थान पर था. इस बार भारत ने सीधे 30 अंको की छलांग लगाईं है जो महत्वपूर्ण सुधार है.

अब भारत इस दिशा में बेहतर करने वालें टॉप 10 देशों में शामिल  हो गया है. केन्द्रीय वित्त मंत्री अरुण जेटली ने मंगलवार को प्रेसवार्ता में बताया कि वर्ल्ड बैंक ने आर्थिक क्षेत्र में भारत के सुधार व प्रदर्शन की सराहना की है.

उन्होने वर्ल्ड बैंक की रिपोर्ट का हवाला देते हुए कहा कि हम छोटे शेयरधारकों की सुरक्षा के मामले में अब चौथे स्थान पर पहुंच गए हैं. भारत व्यवसाय के लिए क्रेडिट उपलब्ध होने में 29 वें स्थान पर है जबकि इलेक्ट्रसिटी कनेक्शन मिलने के लिए 29वें स्थान पर आ गया है. उन्होंने बताया कि टैक्स भरने में भारत की रैकिंग 119 पर आ गयी है क्योंकि हाल के वर्षों में इसमें सुधार किया गया है. पहले भारत 172वे स्थान पर था.  

India’s rank rises to 100 in World Bank’s doing Business Report, 2018

The World Bank, today released the Doing Business (DB) Report, 2018. The Department of Industrial Policy and Promotion (DIPP) is pleased to announce that India ranks 100 among 190 countries assessed by the Doing Business Team. India has leapt 30 ranks over its rank of 130 in the Doing Business Report 2017.

The DB Report is an assessment of 190 economies and covers 10 indicators which span the lifecycle of a business. The table below provides a comparison of this year’s and last year’s report. India has improved its rank in 6 out of 10 indicators and has moved closer to international best practices (Distance to Frontier score). The credit for this significant improvement is credited to the mantra of “Reform, Perform, Transform” given by the Prime Minister, wherein a strong leadership has provided the political will to carry out comprehensive and complex reforms, supported by a bureaucracy committed to perform. The Government has undertaken an extensive exercise of stakeholder consultations, identification of user needs, government process re-engineering to match Government rules and procedures with user expectations and streamlined them to create a more conducive business environment. An extensive exercise is also undertaken to increase awareness among users about reforms to ensure extensive use of newly created systems.

This edition of the report acknowledges India as a top improver, with an improvement of 30 ranks compared to last year’s report, the highest jump in rank of any country in the DB Report, 2018. India is the only country in South Asia and BRICS economies to feature among most improved economies of the DB Report this year.

2. Major achievements in the World Bank in the Doing Business Report
The important highlights of India’s performance are:

1. Resolving Insolvency –

a. Rank improved from 136 to 103

b. Distance to Frontier (DTF) score improved from 32.75 to 40.75

c. Strength of insolvency framework index increased from 6 to 8.5

d. Insolvency & Bankruptcy Code created for efficient handling of restructuring & insolvency proceedings

e. Professional institutes set up for handling restructuring & insolvency proceedings

2. Paying Taxes –

a. Rank improved from 172 to 119

b. DTF score improved from 46.58 to 66.06

c. Payments reduced from 25 to 13 in a year

d. Time reduced from 241 to 214 hours

e. Total tax rate reduced from 60.6% to 55.3% (% of profit)

f. Post filing index improved from 4.3 to 49.31

g. Enabled electronic registration, return & payment of ESI & EPF contributions

3. Getting Credit –

a. Rank improved from 44 to 29

b. DTF score improved from 65 to 75

c. Strength of legal rights index improved from 6 to 8

d. Credit bureau coverage increased from 21.4% to 43.5% (% of adults)

e. Increased coverage of security interest registration under SARFAESI Act

f. Secured creditors prioritized over Government dues for purposes of recovery

4. Enforcing Contracts –

a. Rank improved from 172 to 164

b. DTF score improved from 35.19 to 40.76

c. Cost reduced from 39.6% to 31% (% of claim)

d. Quality of judicial process index improved from 9 to 10.3

e. Dedicated commercial courts established

f. National Judicial Data Grid (NJDG) to monitor and manage court cases

5. Protecting Minority Investors –

a. Rank improved from 13 to 4

b. DTF score improved from 73.33 to 80

c. Strength of minority investor protection index increased from 7.3 to 8

d. Extent of conflict of interest regulation index increased from 6.7 to 7.3

e. Extent of shareholder governance index increased from 8 to 8.7

f. Greater transparency requirements for interested parties transactions

g. Greater shareholder protection through action against directors & claims for damages

6. Construction Permits –

a. Rank improved from 185 to 181

b. DTF score improved from 32.83 to 38.80

c. Procedures to obtain construction permits reduced from 35.1 to 30.1

d. Time reduced from 190.0 to 143.9 days

e. Cost reduced from 25.9 per cent to 23.2 per cent of warehouse value

Suvash Chandra Choudhary

Editor-in-Chief

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