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India seeks better ranking on World Bank's ease of biz list

A two member mission of the World Bank Group is on a two day-visit to India to collect data and information for Doing Business Report, 2016. The members are Nadine Abi-Chakra and Baria Nabil Daye.

June 09, 2015 / 09:12 PM IST

Pitching for a better ranking on ease of doing business for India, government officials on Tuesday apprised the World Bank about various reform measures taken in the past one year including relaxation in company laws.

A two member mission of the World Bank Group is on a two day-visit to India to collect data and information for Doing Business Report, 2016. The members are Nadine Abi-Chakra and Baria Nabil Daye.

India ranked 142 among 189 nations in World Bank's Ease of Doing Business 2015 report. A kick start meeting on this issue was held yesterday in Department of Economic Affairs (DEA) under the chairmanship of Additional Secretary Ajay Tyagi.

As per a statement issued by the Commerce Ministry, Tyagi impressed upon the importance given by the government to improve regulatory environment across India.