NIFTY 50

Ease of Doing Business: FM Sitharaman says will work at improving 'starting a business' ranking

Updated : October 24, 2019 04:43 PM IST

India has improved its ease of doing business ranking in 2019, earning a place among the world's top ten most improved economies. According to World Bank's Ease of Doing Business Ranking, India has jumped 14 places to 63 this year from 77 in the year 2018.

Finance minister Nirmala Sitharaman held a press conference to highlight the achievement.

Sitharaman confirmed a CNBC-TV18  newsbreak when she announced that for the next survey, World Bank will add Bengaluru and Kolkata to its list. Currently, the survey is held in Delhi and Mumbai.

Starting a business still remains an area that needs improvement. The finance minister said, "Starting a business is very critical. We have improved only by 1 rank. Will make efforts to improve our ranking."
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you