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HCS (Haryana)Mains2017

Question

How is the level of Ease of Doing Business in India improving in recent years?

Word limit: 100
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Model Answer

“Minimum government, maximum governance” Narendra Modi

India’s business environment has significantly improved through policy reforms, digital governance, and infrastructure development.

  • In the World Bank Ease of Doing Business Report (2020), India ranked 63rd, up from 142nd (2014) among the top 10 global improvers.
  • Major reforms include GST, Insolvency and Bankruptcy Code (IBC, 2016), online single-window clearances, and Labour Code consolidation (2020).
  • The National Single Window System (2022) simplifies over 100 approvals digitally.
  • Haryana ranked among top five states in the DPIIT State Business Reform Action Plan (2022) due to industrial corridors (Kundli–Manesar–Palwal Expressway) and Gurugram’s IT-friendly ecosystem.

These reforms have boosted investor confidence and promoted India’s emergence as a global manufacturing hub under Make in India 2.0.

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2017 — How is the level of Ease of Doing Business in India… | Dr. Amit IAS Academy