Modi Government to do more on “ease of doing business”

Watch out for more improvements in India on “ease of doing business”.  India’s rise in the World Bank “Doing Business” rankings from 142 to 77, over the last four years, was stunning – but the government wants more.

The Prime Minister, Shri Narendra Modi, recently chaired a high-level meeting to review progress with regard to “Ease of Doing Business.”

The meeting was attended by senior Union Ministers related to economic matters; Maharashtra Chief Minister Shri Devendra Fadnavis; Lieutenant Governor of Delhi Shri Anil Baijal; and senior officials from the Union Government, Maharashtra Government and Delhi Government.

Subjects such as construction permits, enforcement of contracts, registering property, starting a business, getting electricity, getting credit, and resolving insolvency came up for discussion.

The Prime Minister stressed the need to improve last mile delivery, and focus on streamlining procedures, which would  improve not just the “Doing Business” rankings, but also increase the “Ease of Living” for small businesses and the common man.

He said this is extremely important for India, as an emerging and vibrant economy. He also spoke of the tremendous global interest about the rise in India’s “Doing Business” rankings.

So – in 2019 there should be more news on ease in doing business with India.

Author: Stephen Manallack

Former President, Australia India Business Council, Victoria and Author, You Can Communicate; Riding the Elephant; Soft Skills for a Flat World (published by Tata McGraw-Hill INDIA); Communicating Your Personal Brand. Director, EastWest Academy Pty Ltd and Trainer/Speaker/Mentor in Leadership, Communication and Cross Cultural Communication. Passionate campaigner for closer western relations with India. Stephen Manallack is a specialist on “Doing Business with India” and advisor/trainer on “Cross-Cultural Understanding”. He is a Director of EastWest Academy Pty Ltd which provides strategic advice and counsel regarding business relations with India. A regular speaker in India on leadership and global communication, his most recent speaking tour included a speech to students of the elite Indian university, Amity University, in Noida. He also spoke at a major Federation of Indian Chambers of Commerce and Industry (FICCI) global summit, the PR Consultants Association of India in Delhi, the Symbiosis University in Pune and Cross-Cultural Training for Sundaram Business Services in Chennai. He has visited India on business missions on 10 occasions and led three major trade missions there. He provides cross-cultural training – Asia and the west. View all posts by Stephen Manallack