What is the purpose of ease of doing business index?

To rank nations based on easier, better and simpler regulations for businesses, the World Bank established a system for comparing and measuring the performance of countries through an index known as Ease of Doing Business Index. You can read about the Ease of Doing Business Report by the World Bank in the given link.

Ease of Doing Business Index measures the countries on 10 sub indices. The countries are measured on a scale of 0 to 100. India made great strides in the Ease of Doing Business Rankings from 2014. In 2014, India was ranked 142nd and in 2020 Ease of Doing Business Rankings, India was ranked 63. 

Further readings:

  1. Highlights of Economic Survey 2021
  2. List of Reports Published by International Organizations (UPSC GS-II)

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