Points to be covered Introduction to EoDB Benefits of EODB Index India’s performance in EoDB Index Areas where there is a need for improvement How effective are these rankings?

Introduction to EoDB

Benefits of EoDB Index Perception/image of the country in the global market Attracting investments Effectiveness of reforms Areas where there is a need of reforms

India’s performance in EoDB Parameter / Area Reforms Construction Permits Time and cost reduced, new systems to issue permits Cross Border Trade Time taken by importers reduced from 264 hrs to 97 hrs & for exporters from 106 to 66 hrs Starting Business Time taken reduced from 30 days to 17 days Registering a property 69 days and 8% cost Paying taxes Time taken has increased from 214 hrs to 257.4 hrs

India’s performance in EoDBR 2019

Areas where there is a need for improvement Time taken to start a business is still high Stabilization of GST and IBC Enforcement of contracts Land acquisition Supporting infrastructure such as logistics Global manufacturing index

How effective are these rankings? Ranking does not reflect any kind of connection with growth of the respective country

How effective are these rankings? Ranking does not reflect any kind of connection with FDI inflows into the respective country

How effective are these rankings? These consider only small and medium sized enterprises Only two cities covered – Mumbai and New Delhi Change in methodology of calculation Ranking just shows comparison amongst the countries It doesn't take into consideration various important macro-economic parameters Is it a race for deregulation?

Question 1 Which of the following publishes the Ease of Doing Business report IMF WTO WEF UN

Question 2 Consider the following statements India stands at 77th position in 15th edition of EoDBR India is one of the ten countries with most improvement in the recently published EoDB report. Some other countries with such distinction are China, Djibouti, Kenya, Togo Choose the correct option Only 1 is true Only 2 is true Both are true Both are false

Question 3 Consider the following statements regarding EoDBR The ease of doing business report 2019 has evaluated 190 countries India stands at 77th rank as per the latest report In case of India, it covers experience of all the registered entities under companies act Choose the right option Only 2 is true 1 and 2 are true 2 and 3 are true 1, 2 and 3 are true

Descriptive Questions The improvement in the EoDB rankings must be byproduct rather than the target of public policy – Explain (250 words) Though India is one of the top performers in the recently published EoDBR, there is still a long way to go before it really becomes easy to do business in India – Elaborate (250 words)

Parameter / Area Reforms Construction Permits Time and cost reduced, new systems to issue permits Cross Border Trade Time taken by importers reduced from 264 hrs to 97 hrs And for exporters from 106 to 66 hrs Starting Business Time taken reduced from 30 days to 17 days Registering a property 69 days and 8% cost Paying taxes Time taken has increased from 214 hrs to 257.4 hrs