Download the\u00a0List Of\u00a0Facts of Ease of Doing Business Rank 2018 PDF. This is the\u00a0 Complete list of\u00a0Facts of Ease of Doing Business Rank 2018 PDF regarding India Rank and more, very useful for UPSC, BANKING & SSC EXAMS PDF general knowledge useful for all competitive exams.<\/p>\n
Download the list of Facts of Ease of Doing Business Rank 2018 PDF<\/a><\/p>\n All Banking\/SSC\/RRB Content @ Rs. 99<\/a><\/p>\n Download Daily & Monthly Current affairs quiz PDF<\/a><\/p>\n Download all General Knowledge Questions & Answers PDF<\/a><\/p>\n Download Current Affairs Questions & Answers PDF<\/a><\/p>\n Download General Science Notes And Q&A PDF<\/a><\/p>\n\n Facts of Ease Of Doing Business Rank, 2018:<\/strong><\/p>\n 1.India’s rank for the year 2018 in the World Bank’s Doing Business Report, 2019 conducted across 190<\/strong> Economies is 77<\/strong> . It has improved 23 places from the previous year ranking of 100.<\/p>\n 2.New Zealand<\/strong> topped the index followed by Singapore, Denmark &\u00a0 Hongkong. United States is at the 8th place while China occupied the 46th place.<\/p>\n 3.World Bank ranks the countries based on 10 parameters<\/strong> namely<\/p>\n 1.Trading across borders<\/p>\n 2.Protecting minority investors<\/p>\n 3.Resolving insolvency<\/p>\n 4.Starting business<\/p>\n 5.Dealing with construction permits<\/p>\n 6.Getting credit<\/p>\n 7.Getting electricity<\/p>\n 8.Enforcing contracts<\/p>\n 9.Registering properly<\/p>\n 10.Paying taxes<\/p>\n 4.The rank is based on the survey of industries in 2 cities – Mumbai & New Delhi.<\/strong><\/p>\n\n 5.India has been recognised as one of\u00a0 the top 10 improvers<\/strong> in the successive years 2017 & 2018. Previously it has improved from 130th rank in 2016 to 100th rank in 2017.<\/p>\n 6.53<\/strong> places jump in 2 years is the largest improvement by any large country since 2011.<\/p>\n 7.India topped the list of South Asian countries<\/strong> in Ease Of Doing Business.<\/p>\n 8.India is the first BRICS & South Asian country<\/strong> to be recognised as the top 10 improver in consecutive years.<\/p>\n 9.India has improved in 6<\/strong> parameters out of the 10 parameters.<\/p>\n 10.In dealing with construction permits, India has implemented an online single window<\/strong> system, introduced deemed approvals<\/strong> and reduced the cost for obtaining these permits.<\/p>\n 11.In the electricity sector, the time taken for obtaining a new connection has reduced from 105 to 55 days.<\/strong><\/p>\n 12. Under risk based management, exporters can seal<\/strong> their containers electronically<\/strong> at their facilities & only 5% of shipments need to undergo physical inspections making trade across borders easier.<\/p>\n 13.Starting a business was made easier by the consolidation<\/strong> of multiple application documents & introduction of Goods & Services tax<\/strong> . Access to credit is strengthened speeding up the credit reception.<\/p>\n\n\n
\n Parameter<\/strong><\/td>\n 2017 Rank<\/strong><\/td>\n 2018 Rank<\/strong><\/td>\n<\/tr>\n \n Construction Permits<\/td>\n 181<\/td>\n 52<\/td>\n<\/tr>\n \n Trading Across Borders<\/td>\n 146<\/td>\n 80<\/td>\n<\/tr>\n \n Starting a business<\/td>\n 156<\/td>\n 137<\/td>\n<\/tr>\n \n Getting Credit<\/td>\n 29<\/td>\n 22<\/td>\n<\/tr>\n \n Getting Electricity<\/td>\n 29<\/td>\n 24<\/td>\n<\/tr>\n \n Enforcing contracts<\/td>\n 164<\/td>\n 163<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n