Post

Can India Rise to the Top 50 in "Ease of Doing Business?"

Can India Rise to the Top 50 in "Ease of Doing Business?"

“India’s ranking in the 2016 World Bank report should significantly improve and we are confident that our rank will be within the top 50 in the 2017 report,” says an official involved in the ease of doing business exercise. The target rank of 50 has been given by the Prime Minister , and many officials across ministries and departments have been working on the task of improving India’s business environment by May 31 this year.

The government has already stipulated the introduction of risk-based inspection in export-import,  as one of its many targets for creating a business friendly environment. It is also planning to reduce the number of mandatory documents for exports and imports by merging some of them in a way that only three documents (against six currently), will be required for export, and only four documents, (against seven currently), will be mandatory for import.

Aware that the state governments will need to be on board for the success of this exercise, the Department of Industrial Policy and Promotion, the nodal agency coordinating the ease of doing business exercise, has sent a detailed “to-do” list not only to the federal ministries but the states too, along with deadlines for each task to be achieved.

 

Ease of Doing Business Indicators 1-3Steps to Be TakenChallenge
Indicator 1: Starting a BusinessIntegration of: director ID number; name availability of company, payment of registration fees & stamp duties.Removal of: Requirement of company seal; minimum paid-up capital for a company.

Single window clearances online for registration and tracking of applications

Amending the Companies Act 2013 – expected to be done in March 2015
Indicator 2: Dealing with Construction PermitsDeputation of officers in municipal corporations for speedy processes.Consolidation of building laws at national and state levels.

Waiving: Inspection for low-risk buildings; and NOC from Airports Authority of India for buildings outside notified areas.

 

4 Key Ministries and the states will need to be aligned
Indicator 3: Getting ElectricitySubmission of online application; fixing a week’s time for inspection; preparation of estimates.Time-bound inspection for installation and connection.

Allowing 3rd party certification of installation.

Waiving pollution control certificates as a prerequisite for electricity connections.

 

Ministry of Power has to take the states on board to get desired results

 

Last updated: December 26th, 2025

Share

About Amritt

Who We Are

Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries