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Vijay Chada — Modi on the right track as India jumps in World Bank ranking

Summary:
It’s getting easier to do business in India. That’s not a boast by the Modi government, but something “confirmed” by the World Bank’s latest global survey on Doing Business. Informal reports over recent weeks had suggested India would score a better grade than the 142nd ranking the country got in the DB report in 2015, the cut-off date for which was June 1, 2014 – just a week after Narendra Modi took over as prime minister. In just three years India has jumped a massive 42 ranks higher, into the top 100 countries out of the 190 ranked by the World Bank. Modi has publicly stated that he would like to see India break into the top 50 countries in the rankings by 2020. And there’s a chance that could happen.... India breaking out?Asia TimesModi on the right track as India jumps in World

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It’s getting easier to do business in India. That’s not a boast by the Modi government, but something “confirmed” by the World Bank’s latest global survey on Doing Business.
Informal reports over recent weeks had suggested India would score a better grade than the 142nd ranking the country got in the DB report in 2015, the cut-off date for which was June 1, 2014 – just a week after Narendra Modi took over as prime minister.
In just three years India has jumped a massive 42 ranks higher, into the top 100 countries out of the 190 ranked by the World Bank. Modi has publicly stated that he would like to see India break into the top 50 countries in the rankings by 2020. And there’s a chance that could happen....
India breaking out?

Asia Times
Modi on the right track as India jumps in World Bank ranking
Vijay Chada

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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