Economy Ease of Doing Business Rank  Starting a Business Dealing with Construction Permits Registering Property Protecting Investors
Singapore 1 3 3 28 2
Hong Kong SAR, China 2 5 1 89 3
New Zealand 3 1 12 2 1
United States 4 20 34 25 6
Denmark 5 40 8 7 34
Malaysia 6 16 43 35 4
Korea, Rep. 7 34 18 75 52
Georgia 8 8 2 1 16
Norway 9 53 28 10 22
United Kingdom 10 28 27 68 10
Australia 11 4 10 40 68
Taiwan, China 16 17 7 31 34
Nepal 105 97 105 24 80
Bangladesh 130 74 93 177 22
India 134 179 182 92 34

Economies are ranked on their ease of doing business, from 1 – 189. A high ranking on the ease of doing business index means the regulatory environment is more conducive to the starting and operation of a local firm.

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India has been ranked lower at 179 in terms of ease of starting a business in the 2014 list at a time when its government is making efforts to improve the country’s business climate.

The ranking of countries are based on various parameters including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.

Starting a Business-Comparison:

Indicator India South Asia OECD*
Procedures for starting a business (number) 12 7 5
Time taken to start a business (days) 27.0 16.2 11.1
Cost (% of income per capita) 47.3 19.8 3.6
Paid-in Min. Capital (% of income per capita) 124.4 15.8 10.4

*Organization for Economic Cooperation and Development (OECD)

Even after two decades of economic reforms, India continues to falter on various Ease of Doing Business sub-indices. Against the key parameter of starting a business, India is worst off among the BRIC economies. It is in 179th position, while Russia is at 88th, Brazil at 123rd and China at 158th.

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