• About us
    • Data Analyst Team
    • Magazines Sections
    • Editorial Team
  • Advertise with us!
  • Business review
  • Guest writers
    • Guest Contribution
  • Subscription
  • Career
  • Contact us
Thursday, July 7, 2022
Business Connect | Best Business magazine In India
Upcoming Event
  • News
    • All
    • Blog
    Prime day: Amazon to host two-day sales event with a higher membership fee

    Prime day: Amazon to host two-day sales event with a higher membership fee

    Boult Audio enters wearable segment, launches two new smartwatches in India

    Boult Audio enters wearable segment, launches two new smartwatches in India

    Amarnath Yatra 2022 temporarily suspended from the Pahalgam route amid bad weather

    Amarnath Yatra 2022 temporarily suspended from the Pahalgam route amid bad weather

    Meet the Stunning Sini Shetty: Miss India 2022

    Meet the Stunning Sini Shetty: Miss India 2022

    British Army's social media accounts restored after hack to promote crypto scams

    British Army’s social media accounts restored after hack to promote crypto scams

    Sudhir Chaudhary resigns as Zee News CEO to launch his own ‘media enterprise’

    Sudhir Chaudhary resigns as Zee News CEO to launch his own ‘media enterprise’

    This Chinese company to make a grand entry in India; aims to launch five motorcycles

    This Chinese company to make a grand entry in India; aims to launch five motorcycles

    Jagannath Rath Yatra 2022 updates: Million devotees throng Odisha’s Puri amid tight security

    Jagannath Rath Yatra 2022 updates: Million devotees throng Odisha’s Puri amid tight security

    8 killed, 50 people missing after landslide hits Army camp in Manipur

    14 killed, 50 people missing after landslide hits Army camp in Manipur

  • Magazine
    • 2022-21 Magazines
  • Lounge Interviews
  • Press Release
    • PR Enquiry
  • Blogs
  • Success Stories
  • Testimonials
  • Interior Design
  • Launchpad
  • BCM TV
No Result
View All Result
  • News
    • All
    • Blog
    Prime day: Amazon to host two-day sales event with a higher membership fee

    Prime day: Amazon to host two-day sales event with a higher membership fee

    Boult Audio enters wearable segment, launches two new smartwatches in India

    Boult Audio enters wearable segment, launches two new smartwatches in India

    Amarnath Yatra 2022 temporarily suspended from the Pahalgam route amid bad weather

    Amarnath Yatra 2022 temporarily suspended from the Pahalgam route amid bad weather

    Meet the Stunning Sini Shetty: Miss India 2022

    Meet the Stunning Sini Shetty: Miss India 2022

    British Army's social media accounts restored after hack to promote crypto scams

    British Army’s social media accounts restored after hack to promote crypto scams

    Sudhir Chaudhary resigns as Zee News CEO to launch his own ‘media enterprise’

    Sudhir Chaudhary resigns as Zee News CEO to launch his own ‘media enterprise’

    This Chinese company to make a grand entry in India; aims to launch five motorcycles

    This Chinese company to make a grand entry in India; aims to launch five motorcycles

    Jagannath Rath Yatra 2022 updates: Million devotees throng Odisha’s Puri amid tight security

    Jagannath Rath Yatra 2022 updates: Million devotees throng Odisha’s Puri amid tight security

    8 killed, 50 people missing after landslide hits Army camp in Manipur

    14 killed, 50 people missing after landslide hits Army camp in Manipur

  • Magazine
    • 2022-21 Magazines
  • Lounge Interviews
  • Press Release
    • PR Enquiry
  • Blogs
  • Success Stories
  • Testimonials
  • Interior Design
  • Launchpad
  • BCM TV
No Result
View All Result
Business Connect | Best Business magazine In India
No Result
View All Result
Home Blog

What is the Ease of doing business?

fanzineindia by fanzineindia
November 11, 2019
in Blog
Ease of doing business | Business connect

Ease of doing business | Business connect

Share on FacebookShare on Twitter

Written by: Anant Pandey

Ease of doing business?

As we all know a new startup requires a lot of work and effort to stabilize the business, but that’s not enough, to sustain business growth we also need good resources such as finance, acceptance of social norms, proper market conditions, labor, and many others. That means, we have to research about the places where we are trying to start a business. One of the most important things, check out the country rank ease of doing business. Ease of doing business Index clarify the right business environment countries. The index tells us how easily we can get resources.

What is the Ease of doing business?

Ease of doing business is one of the most effective Index created by two economists simeone Djankov and Gerhard Phol. Every year the world bank publishes ease of doing business index, this rank indicates us, How effortlessly you can start a business in a country. This rank is the aggregated figure which includes 12  different parameters. Recently ease of doing business 2020 report is released and showed 190 countries ranking. For your information, empirical research invested by the world bank to explain their work show.

Measure in ease of doing business:

As I have mentioned earlier that rankings lists are made based on a country’s performance on 12 different parameters. These parameters are captured by small and mid-size companies experiences in a country.

Here are 10 parameters that are used for calculating ease of doing business.

  1. Starting a business
  2. Dealing with construction permits
  3. Getting electricity
  4. Registering property
  5. Getting credits
  6. Protecting minorities investors
  7. Paying taxes
  8. Export-import across the border
  9. Enforcing contracts
  10. Resolving insolvency

What is the importance of doing business ranks?

Ease of doing business is vividly evaluated by investors. When they try to invest money in any country or start a firm. In a short way, the country’s GDP will start to increase rapidly. Here are the top 10 doing business ranking countries such as New Zealand, Singapore, Hong Kong, Denmark, Korea rep, United States, Georgia United kingdom, Norway, and Sweden. In these countries, anybody can start a firm very easily.

India’s performance in 2019 :

India has performed well in 2019.  According to EODB Rank, India has got 63 out of 190. If we see the past history of doing business ranking that clarify the improvement. So let’s have a glance.

  1. In 2005, India had 116 rank
  2. 2005 to 2014 India had 142 rank
  3. 2014 to 2016 India got 130 rank
  4. 2016 to 2018 India received 100
  5. 2019, India has 63 ranks.

Apart from India other best performers such as Saudi Arabia 62, Jordan 75, Togo 95, China 31, Pakistan 108.

An Insitive of the government of India:

A lot of Insitive ideas have taken by prime minister Narendra Modi like the start-up India, make in India and many others. The camping was started on 15 August 2015.  Although, these action plans are not working anymore. The government needs to implement those ideas and relaunch them. Recently, the government has cut off the corporation’s taxes. Moreover, GST service is giving relaxation to businesses.

Previous Post

CURVE IT RIGHT

Next Post

KRIAZ Safe Solutions LLP

Related Posts

Top 10 News Anchors in World 
Blog

Top 10 News Anchors in World 

by admin
July 7, 2022
0

Top 10 News Anchors in World  News anchors are not less than any celebrities and they are counted among wealthiest...

Jagannath Puri Rath Yatra: Date, History, Significance, And More
Blog

Jagannath Puri Rath Yatra: Date, History, Significance, And More

by admin
July 4, 2022
0

Jagannath Puri Rath Yatra: Date, History, Significance, And More Undoubtedly one of the greatest and most well-known Hindu festivities is...

ECOEX towards Sustainability and Circular Economy

ECOEX towards Sustainability and Circular Economy

July 4, 2022
10 Best Houseboat Destinations in India

10 Best Houseboat Destinations in India

July 2, 2022
What are the 3 areas of practices based on ITIL 4?

What are the 3 areas of practices based on ITIL 4?

July 2, 2022
Top 10 Beaches in India

Top 10 Beaches in India

July 1, 2022
Next Post
KRIAZ Soft Solutions LLP. | Business Connect

KRIAZ Safe Solutions LLP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Top 10 News Anchors in World 

Top 10 News Anchors in World 

July 7, 2022
Prime day: Amazon to host two-day sales event with a higher membership fee

Prime day: Amazon to host two-day sales event with a higher membership fee

July 7, 2022
Boult Audio enters wearable segment, launches two new smartwatches in India

Boult Audio enters wearable segment, launches two new smartwatches in India

July 6, 2022
Amarnath Yatra 2022 temporarily suspended from the Pahalgam route amid bad weather

Amarnath Yatra 2022 temporarily suspended from the Pahalgam route amid bad weather

July 5, 2022

Recent News

Top 10 News Anchors in World 

Top 10 News Anchors in World 

July 7, 2022
Prime day: Amazon to host two-day sales event with a higher membership fee

Prime day: Amazon to host two-day sales event with a higher membership fee

July 7, 2022
Boult Audio enters wearable segment, launches two new smartwatches in India

Boult Audio enters wearable segment, launches two new smartwatches in India

July 6, 2022
Amarnath Yatra 2022 temporarily suspended from the Pahalgam route amid bad weather

Amarnath Yatra 2022 temporarily suspended from the Pahalgam route amid bad weather

July 5, 2022

Recommended

TN signs eight investment MoUs for Rs 10,339 crore - Business Connect

TN signs eight investment MoUs for Rs 10,339 crore

July 23, 2020
Leadcorp BPO & Consultants

LEADCORP BPO & CONSULTANTS

March 20, 2021

Most Popular

Top 10 News Anchors in World 
Blog

Top 10 News Anchors in World 

July 7, 2022
Prime day: Amazon to host two-day sales event with a higher membership fee
News

Prime day: Amazon to host two-day sales event with a higher membership fee

July 7, 2022
Boult Audio enters wearable segment, launches two new smartwatches in India
News

Boult Audio enters wearable segment, launches two new smartwatches in India

July 6, 2022

Business Connect is a business magazine whose name is derived from Business Community which connects entrepreneurs, executive officers and VCs. With a mission to have one of the highest readership figures of senior-level executives and investors in India, Business Connect brings its edition on monthly basis.

Follow Us

Contact Information

Address: 804, DDA 2, District Centre, Janakpuri West, New Delhi-110058

Phone Number: +91-11-41065208, 42636209

Mail: abhishek@businessconnectindia.in

Recent News

Top 10 News Anchors in World 

Top 10 News Anchors in World 

July 7, 2022
Prime day: Amazon to host two-day sales event with a higher membership fee

Prime day: Amazon to host two-day sales event with a higher membership fee

July 7, 2022
Boult Audio enters wearable segment, launches two new smartwatches in India

Boult Audio enters wearable segment, launches two new smartwatches in India

July 6, 2022

Request a call back

  • About us
  • Why us
  • Healthcare
  • Guest writers
  • Career
  • Contact us

© 2020 All Rights Reserved by Business Connect India

No Result
View All Result
  • News
  • Magazine
    • 2022-21 Magazines
  • Lounge Interviews
  • Press Release
    • PR Enquiry
  • Blogs
  • Success Stories
  • Testimonials
  • Interior Design
  • Launchpad
  • BCM TV

© 2020 All Rights Reserved by Business Connect India

Quick Call with Us

Our team will facilitate you with a call and we will understand your needs.

No thanks, I’m not interested!