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India's improved ease of doing biz ranking a huge achievement: Amitabh Kant

India jumped 14 places to rank 63rd on the World Bank's ease of doing business ranking released earlier in the day. NITI Aayog CEO hailed these numbers, but believes that a lot needs to be done. The report ranks 190 countries.

Oct 24, 2019, 12.58 PM IST
Amitabh Kant (File Pic)
NEW DELHI: Hailing India's significant jump in ease of doing business ranking, NITI Aayog CEO Amitabh Kant on Thursday said it is a huge achievement but there is a scope of improvement on some parameters.

India jumped 14 places to rank 63rd on the World Bank's ease of doing business ranking released earlier in the day, riding high on the government's flagship Make in India scheme and other reforms attracting foreign investment. The report ranks 190 countries.

"It is a huge achievement...Our objective is to reach the top 50 and reach the top 25 in the next three years of time. This is the target the prime minister has set for us," Kant told PTI on the sidelines of India Korea Business Partnership Forum 2019 here.

He was of the view that the country has done very well but more needs to be done.

"I think we have done very well on several parameters but we need to do well in registering properties, starting a business and enforcement of contracts, so we will focus on these," he said.

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