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World Bank's Doing Business Report
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No. Q/XMM/551/6/2017

1 November 2017

 

All HOMs/HOPs from JS (XP)

           You must have seen the latest World Bank’s Doing Business Report wherein India has jumped 30 places to stand at 100 in the new rankings.  This is historic for it is the highest jump by any country in the doing business sector and acknowledges India’s reform trajectory under the leadership of Prime Minister Modi.

2.         The business environment has improved at the fifth fastest pace in the world and India is among the top 10 ‘improvers’ globally, having done better in 8 out of 10 business parameters.  The country has jumped 53 places from 172 to 119 on ease of paying taxes, leapt over to the 4th rank on protecting minority investors and moves 15 places from 44 to 29 on ease of businesses getting credit.  The most significant jump is in taxation policy parameter.

3.         Enclosed is a standard template of banner which should be used on social media (pinned to the profile of the handle/account) and put as pop-up notification on Missions/Posts website.  The pop-up notification may be placed on website with assistance from your website maintenance provider.  You may suitably modify the template as per local requirements.   Two more templates are being sent separately.

4.       In this regard, you are requested for an urgent action as requested above.  The action must be completed not later than by the end of today’s working day.

With regards,

 



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