Wednesday, September 20, 2006

How good is India at doing business?

IIPM BEST B-SCHOOL
Globally, Singapore occupies the top slot for being the easiest place to do business, followed by New Zealand, the US and Hong Kong. But there’s some good news too: as per the report, India is the top reformer in South Asia, while, worldwide, India stands at the 17th position (the top reformers included Georgia, Romania, Mexico, China, Peru and France); the five major reforms that have enabled India to secure the top position in South Asia include: easing access to credit through making collateral simpler, new risk management procedures in customs and reforms in stock exchange rules. Further, the country has sharply reduced “the number of days it takes to start a business” -- from 71 days in 2005 to 35 in 2006.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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