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Opportunities, Challenges and Reforms in Doing Business in India Dr. Katoch Rupinder* * Principal, Sant Baba Bhag Singh Post Graduate College, Village, Khiala, Jalandhar, India Online published on 25 October, 2016. Abstract India a potential investment hub and one of the fastest growing economies in the world lags behind in terms of ease of doing business. It has been repeatedly ranked low according to World Bank's ease of doing business ranking. Present study is an assessment of business environment of India and it finds, despite two decades of economic reforms, there are many issues on which India continues to falter. This study is mainly based on findings of World Bank ease of doing report, 2016. The vulnerability of our country's current standing in the doing business index means that there are many critical issues which need to be addressed. This study brings to limelight various issues related to doing business in India and highlights major business reforms initiated by Government of India till now. It also serves as a reference point for the imminent need to pursue reforms in business practices and processes prevalent in India. Top | |
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