In its ‘Doing Business’ 2020 report, the World Bank commended the reform efforts undertaken by the country “given the size of India’s economy”.
TOP PERFORMERS
Apart from India, the other countries on this year’s ‘top 10 performers’ list are Saudi Arabia (62), Jordan (75), Togo (97), Bahrain (43), Tajikistan (106), Pakistan (108), Kuwait (83), China (31) and Nigeria (131).
CHINA IMPROVES ON EASE OF DOING BUSINESS
China now ranks 31 out of 190 countries and regions in terms of ease of doing business, according to a recent World Bank report.
China’s ranking jumped from 46 last year and 78 in 2017, making it one of the most improved economies in terms of doing business, the report also notes.