"Dream, Dream, Dream! Conduct these dreams into thoughts, and then transform them into action."
- Dr. A. P. J. Abdul Kalam
26 Oct 2016
India has strengthened its position to 130 in the World Bank- Ease of Doing Business 2017 report.
Augusto Lopez-Claros, Director, Global Indicators Group at the WB, applauded the government of India for the reforming measures it undertook last year and noted that the nation had made a noticeable improvement in the distance to frontier (DTF) score, an authentic measure of progress towards best practices.
India was 35th in DTF score in 2016. India has progressed and is at 55.27 as compared to the last year’s 53.93, out of 100.
India is one of the few economies that were discussed separately in the report. Reform applied by Indian government during the year helped the country improve its DTF score, informed the World Bank.