Shah said that the results demonstrate Modi’s “laser focus” on improving lives of citizens and implementation of various reforms. He said better business environment is leading to better business opportunities for entrepreneurs, particularly small and medium enterprises.
His remarks came after India today jumped 30 places to rank 100th in the World Bank’s ‘ease of doing business’ ranking.
India, which was ranked 142nd when the Narendra Modi government took office in 2014 and 130th last year, is the only large country this year to have achieved such a significant shift on the back of reforms in taxation, construction permits, investor protection and bankruptcy resolution.
India’s position in the ease of doing business rankings were stagnant around 130 for many years and it reached 142 in the last year of the UPA rule, the BJP chief said.
“Such a quick and huge turnaround clearly shows the impact of good governance coupled with impeccable implementation of reforms,” Shah said.
Business World News
