World Bank chief Kristalina Georgieva had earlier called India’s jump of 30 places in World Bank’s ease of doing business ranking as “very rare”.
NEW DELHI: PM Modi today took a swipe at the opposition Congress for questioning the country’s improved ranking in the World Bank’s ease of doing business report, saying those who had worked with the World Bank previously too were raising questioning India’s ranking.
Modi was addressing an Ease of Doing Business event hosted by the Department of Industrial Policy and Promotion and attended by Suresh Prabhu, commerce and industry minister, and World Bank CEO Kristalina Georgieva, among others.
World Bank ranking India at 100th place does not take into account GST, biggest tax reform that provides transparent, stable regime said PM.One life, one mission – bringing change to my country and its 1.25 billion people is my mission, says PM.
PM Modi said ease of doing business is “critical for small businesses including small manufacturers” that provides the bulk of employment, makes them more competitive and reduces the cost of doing business.
He also attempted to blunt the criticism over GST, telling traders that the government had been listening to their concerns with an open mind and was making amends.
