Ranking of India’s Business Environment

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    Ranking of Indias businessRanking of Indias business

    environmentenvironment

    by select global bodiesby select global bodies

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    BE Ranking by World Bank BE Ranking by World Bank

    Website:Website:http://rru.worldbank.org/BE napshots/India/default.asp!http://rru.worldbank.org/BE napshots/India/default.asp!

    Provides Overall Business EnvironmentProvides Overall Business Environment

    Snapshots based on secondarySnapshots based on secondaryinformation and ranks countries.information and ranks countries.

    http://rru.worldbank.org/BESnapshots/India/default.aspxhttp://rru.worldbank.org/BESnapshots/India/default.aspxhttp://rru.worldbank.org/BESnapshots/India/default.aspx
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    Ranking of India's business environment by different global agencies

    Indicator Source 2007 Rank

    Country-

    coverage

    Trendover

    last yr.

    1 Business nvironment Inde! I" - #lobal $utlook Re%ort &1 ()2*

    2Control of Corru%tion

    Indicator +orld Bank #rou% ,2 (201*

    Country Credit Rating Institutional Investor .) (17/*

    / Inde! of conomic reedome 3eritage oundation and

    t e +all Street 4ournal 10/ (1.7*

    . 5olitical Risk Rating 6ICR# 5RS #rou% )) (1/0*

    & 8oing Business Ranking +orld Bank #rou% 120 (17)*

    79uality of :ational Business

    nvironment Ranking

    +orld conomic orum -#lobal Com%etitivenessRe%ort 27 (121*

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    $verall finding

    The global rankings for India have been improving

    or stayed steady, except for the International CountryRisk Guide political risk rating.

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    BE Ranking by weforum

    +ebsite; tt%;=eforum>org

    e ranking is e!%ressed in terms of a #lobalCom%etitiveness Inde!>

    In 2007-0) covered 1 1 countries >

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    I:8I?@s Ranking in #lobal Com%etitiveness Inde! Rank Score

    6$ut of 1 1 countries 6$ut of 7

    #lobal Com%etitiveness Inde! 2007-200) /) /> Global Competitiveness Index !!"# !!$ %out of & ' ( (.($

    Subinde! ?; Basic reAuirements 7/ />22 1st %illar; Institutions /) /> 2 2nd %illar; Infrastructure &7 >/. rd %illar; acroeconomic stability 10) />21 /t %illar; 3ealt and %rimary education 101 />,2

    Subinde! B; fficiency en ancers 1 />.2 .t %illar; 3ig er education and training .. />1 &t %illar; #oods market efficiency & />&& 7t %illar; abor market efficiency ,& />07 )t %illar; inancial market so% istication 7 />, ,t %illar; ec nological readiness &2 >17 10t %illar; arket siDe &>1&

    Subinde! C; Innovation and so% istication factors 2& /> & 11t %illar; Business so% istication 2& />)1 12t %illar; Innovation 2) >,

    Rank 6$ut of 1 1 countries

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    acro economic stability

    Rank6$ut of 1 1 countries

    Government surplus)deficit %hard data' & *

    Government debt %hard data' &!+

    Inflation %hard data' &

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    3ealt and %rimary education

    Rank6$ut of 1 1 countries

    Infant mortality %hard data' 10&

    -ife expectancy %hard data 10/

    usiness impact of malaria 102/alaria incidence %hard data' 101

    usiness impact of 0I1)2I34 100

    Tuberculosis incidence %hard data' ,)

    0I1 prevalence %hard data' ,/

    usiness impact of tuberculosis ,1

    5uality of primary education ))

    6rimary enrollment %hard data' ).

    7ducation expenditure %hard data' &,

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    abor market efficiency

    Rank6$ut of 1 1countries

    8emale participation in labor force %hard data' &&"

    0iring and firing practices &!

    8iring costs %hard data' (

    Rigidity of employment %hard data' $!

    9on#:age labor costs %hard data' ""

    8lexibility of :age determination *$

    Cooperation in labor#employer relations *"

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    Infrastructure

    Rank

    (Out of 131 countries)

    9uality of electricity su%%ly 10&

    ele% one lines 6 ard data 102

    9uality of roads )2

    9uality of %ort infrastructure )0

    9uality of overall infrastructure 7,

    9uality of air trans%ort infrastructure &1

    9uality of railroad infrastructure 2

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    ec nological readiness Rank

    6out of 1 1 economies

    Mobile telephone subscribers (hard data) 114

    Personal computers (hard data) 105

    Internet users (hard data) 95

    Broadband Internet subscribers (hard data) 88

    Availabilit o! latest technolo"ies #1

    $%I and technolo" trans!er &8

    $irm'level technolo" absorption &&

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    ;verall assessment based on GCR

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    5RI$RI E ?R ?S 8 ?:8I:# I 8I?? : I$:

    1> Im%roving t e 9uality of electricity su%%lyF roadsF %ort infrastructureG overall connectivity

    2> Controlling fiscal deficitF #overnment 8ebtF G inflation

    > ocus on social sectors %articularly 3ealt G ducation

    /> Reduction of gender dis%arity G im%roving emale %artici%ation inlabor force

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    Ranking by H8oing Business 5ro ect@ % a

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    Regulations a"e#ting $% stages of abusinesss life are measured:

    starting a business, dealing :ith licenses, employing :orkers, registering property,

    getting credit,

    protecting investors, paying taxes, trading across borders, enforcing contracts and closing a business.

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    C3?:# $ R?:L I: 200) $M R 2007

    Ease of...Doing Business

    2008 rank Doing Business

    2007 rank Change in rank

    Doing Business 120 132 12

    Starting a Business 111 93 18

    8ealing =it icenses 13! 133 1

    m%loying +orkers 8" 83 2Registering 5ro%erty 112 108 !

    #etting Credit 3# #2 2#

    5rotecting Investors 33 32 15aying a!es 1#" 1"8 7

    rading ?cross Borders 79 1!2 #3

    nforcing Contracts 177 177 0

    Closing a Business 1 7 1 . -2

    http://www.doingbusiness.org/ExploreTopics/GettingCredit/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/ProtectingInvestors/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/PayingTaxes/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/TradingAcrossBorders/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/EnforcingContracts/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/EnforcingContracts/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/TradingAcrossBorders/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/PayingTaxes/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/ProtectingInvestors/Details.aspx?economyid=89http://www.doingbusiness.org/ExploreTopics/GettingCredit/Details.aspx?economyid=89
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    World Bank RankingWorld Bank Rankingby &overnan#e Indi#atorsby &overnan#e Indi#ators

    WebsitesWebsites

    http://info.worldbank.or / overnance/w i/pdf/W!"#ata$ables.pdf htt p://info.worldbank.or / overnance/w i/pdf/W!"#ata$ables.pdf

    http://info.worldbank.or / overnance/w i/pdf/w idataset.%lshttp://info.worldbank.or / overnance/w i/pdf/w idataset.%ls

    Indias Percentile Ranking based on 2007 data on six dimensions ofIndias Percentile Ranking based on 2007 data on six dimensions ofgovernance are providedgovernance are provided ::

    &oice ' (ccountability&oice ' (ccountabilityPolitical Stability and (bsence of &iolence/$errorismPolitical Stability and (bsence of &iolence/$errorism

    !overnment E)ectiveness!overnment E)ectiveness*e ulatory +uality*e ulatory +uality*ule of ,aw*ule of ,aw

    -ontrol of -orruption-ontrol of -orruption

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    Country scores are reported as percentile ranks,Country scores are reported as percentile ranks,

    with higher values indicating better governancewith higher values indicating better governanceratings.ratings.

    Percentile ranks indicate the percentage ofPercentile ranks indicate the percentage ofcountries worldwide that score below eachcountries worldwide that score below eachcountry.country.

    For example, a country with a percentile rank ofFor example, a country with a percentile rank of70 has 70 percent of countries scoring worse than70 has 70 percent of countries scoring worse thanit, and 0 percent of countries scoring better.it, and 0 percent of countries scoring better.

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    $ERCE%&' E R %*+ O, CO-%&R'E+$ERCE%&' E R %*+ O, CO-%&R'E+ + $ER OR D 'DE /O ER% %CE '%D'C &OR++ $ER OR D 'DE /O ER% %CE '%D'C &OR+

    Voice &Voice &Acco ntabilit!Acco ntabilit! PoliticalPolitical"tabilit! &"tabilit! &

    Absence ofAbsence ofViolenceViolence

    #overnment#overnment$ffectiveness$ffectiveness Reg lator!Reg lator!% alit!% alit! R le ofR le ofa'a' (ontrol of(ontrol of(orr ption(orr ption

    + it er an4+ it er an4 100100 9999 100100 9393 100100 9898

    +inga5ore+inga5ore 3"3" 9090 100100 9999 9"9" 9#9#

    ChinaChina ## 3232 #1#1 !#!# !2!2 3131

    'n4ia'n4ia "9"9 1818 "7"7 !#!# !7!7 "7"7

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    India : (hange in )er#entile RankingIndia : (hange in )er#entile Ranking

    I*+I(,- RI*+I(,- R

    %%0%%0 %%1%%1 %%%%%% $223$223

    (4,*&E(4,*&E5Rank 5Rank 5 Rank 5 Rank 5 Rank 5 Rank 5 Rank 5 Rank

    6oi#e 7 ,##ountability6oi#e 7 ,##ountability 8282 3$3$ 8989 88

    )oliti#al tability *o)oliti#al tability *o6iolen#e6iolen#e $9$9 %% 88 $8$8

    &overnment E"e#tiveness&overnment E"e#tiveness 8080 8383 8$8$ 8$8$

    Regulatory ;ualityRegulatory ;uality 1313 1%1% 1313 1%1%

    Rule of

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    Relevant links:Relevant links:www. ovindicators.orwww. ovindicators.orwww.worldbank.or /wbi/ overnance/www.worldbank.or /wbi/ overnance/