Investment Climate Improvement in East Coast Economic Corridor of India: Regulatory, Institutional, and Policy Reforms Support to Tamil Nadu
This paper summarizes a study that the Asian Development Bank (ADB) undertook upon the request of the Government of Tamil Nadu, India. The state sought to become a preferred investment destination with an investor-friendly business climate. The study identified policy, institutional, and process reforms to improve the ease of doing business in Tamil Nadu, including institutional and regulatory reforms needed for the East Coast Economic Corridor (ECEC) development. The study resulted in the implementation of an online single window mechanism that simplified and sped up processes for transparent and time-bound clearances for investors.
Author: Asian Development Bank
Tags: ADB, Ease of Doing Business, Economic Corridor Development, India, Single Window
Doing Business 2018: Reforming to Create Jobs
Doing Business, an annual publication of the World Bank, presents quantitative indicators on business regulations that can be compared across 190 economies and over time. The report finds that entrepreneurs in 119 economies saw improvements in their local regulatory framework, including reforms for reducing complexity in regulatory processes for starting businesses. South Asia scores well for starting a business, though it scores only an average of 33.04 for resolving insolvency. India has the highest score in South Asia for protecting minority investors. Patterns show further room for improvement across all regions and at all income levels.
Author: World Bank Group
Tags: Ease of Doing Business, South Asia, WB
Doing Business 2017: Equal Opportunity for All
Governments including that of India have relied on Doing Business to provide insights into good practices worldwide. Doing Business 2017: Equal Opportunity for All presents quantitative indicators on business regulations that can be compared across 190 economies. It shows how South Asia can work to improve certain areas, including removing restrictions on women’s right to work. It also shows how South Asia has been the most successful region in terms of trading across borders. Bhutan, with a global ranking of 73, ranks highest among South Asian countries.
Author: World Bank Group
Tags: Trade Facilitation, Ease of Doing Business, Transport, WB
Doing Business 2015: Going Beyond Efficiency
The World Bank Group’s Doing Business Report 2015 is the 12th in its annual series of investigations into regulations that enhance business activity. Its indicators analyze economic outcomes and identify reforms to promote better regulatory frameworks for development, job creation, and growth. For the first time this year, the Doing Business report extends its coverage beyond the second largest city to include economies with a population of more than 100 million such as Chittagong in Bangladesh, and Delhi in India. The data provides insights into the variability of business regulations within economies.
Author: The World Bank
Tags: Asia-Pacific, Bangladesh, India, Ease of Doing Business, Bangladesh, WB