GST to Have Big Impact on Ease of Business Ranking Next Year
India has vaulted substantially a jump of 30 ranks to occupy the 100th place this year in the World Bank’s `Doing Business’ report, bringing it closer to the target set by Prime Minister Narendra Modi to be in the top-50 countries. Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion (DIPP), the nodal department for the ease of doing business study, told that the jump in ranking proves that with strong political commitment and a motivated bureaucracy, things can happen. …