1. You Are At:
  2. Home
  3. India News
  4. Ease of Doing Business: 'Within 4 years, there has been 180 degree change in country', says PM Modi

Ease of Doing Business: 'Within 4 years, there has been 180 degree change in country', says PM Modi

"As per the analysis of Moody and World Economic Forum the position of India has either gone up or is rising. Now our efforts are to take India to the 5 trillion dollar club. To achieve this, we have to improve in all the sectors of the economy," he further said.

Edited by: India TV News Desk, New Delhi [ Updated: November 19, 2018 19:35 IST ]
PM Narendra Modi
Image Source : ANI

PM Narendra Modi

Prime Minister Narendra Modi on Monday said that "within 4 years, there has been 180 degree change in the country." 

"Before 2014, those who had seen instability in policies and policy paralysis, for them it was impossible to believe that India can earn a rank in world’s Top 100 countries," PM Modi said at Reflections on Ease of Doing Business program in here.

"But within 4 years, there has been 180 degree change in the country. We are at 77 rank from 142 rank in ‘Ease of Doing Business’. It’s a record for the country," he added. 

"As per the analysis of Moody and World Economic Forum the position of India has either gone up or is rising. Now our efforts are to take India to the 5 trillion dollar club. To achieve this, we have to improve in all the sectors of the economy," he further said.

He on Monday chaired a meeting with top industrialists and policy makers to brainstorm on measures required to realise his vision of India breaking into the top 50 in the World Bank's ease of doing business index.

The meeting Reflections on Ease of Doing Business is being organised by the Department of Industrial Policy and Promotion as the government gears up for India's ranking to leapfrog on the 'Doing Business' index next year and boost the country's investment attractiveness. 

Senior government officials from the team that worked on reforms to improve the ease of doing business parameters taken into account by the World Bank also participate in the meeting.

(With inputs from agencies)

Write a comment

Election 2018