IIPM PUBLICATION
According to
a recent World Bank report – “Doing Business in 2007” – India was ranked a pathetic 134 amongst 175 countries surveyed. The report, which ranks countries in 10 different parameters, ranging from starting a business, getting credit, enforcing contracts, paying taxes to even closing down a business, revealed that India was ranked the worst (175) in terms of enforcing contracts, followed by similar pathetic ranks of 158, 155, 139 and 133, in terms of paying taxes, dealing with licences, trading across borders and closing a business, respectively. This report truly reflects how hard it is to do business in India. Even though some states that have nurtured the most profitable companies are leading the way in making India a bearable place, there are miles for India to travel the direction of the global corporate world!
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative
According to
a recent World Bank report – “Doing Business in 2007” – India was ranked a pathetic 134 amongst 175 countries surveyed. The report, which ranks countries in 10 different parameters, ranging from starting a business, getting credit, enforcing contracts, paying taxes to even closing down a business, revealed that India was ranked the worst (175) in terms of enforcing contracts, followed by similar pathetic ranks of 158, 155, 139 and 133, in terms of paying taxes, dealing with licences, trading across borders and closing a business, respectively. This report truly reflects how hard it is to do business in India. Even though some states that have nurtured the most profitable companies are leading the way in making India a bearable place, there are miles for India to travel the direction of the global corporate world!For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative
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