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NEEDED: FEWER REGULATIONS FOR START-UPS

India needs to work on improving the ease of doing business, especially the ease of starting business, registering property, paying taxes, or enforcing contracts, according to the Economic Survey.

World Bank Ease of Doing Business Rankings, 2019 Legacy IAS aCademy Best IAS Academy in Bangalore
World Bank’s Ease of Doing Business Rankings

Cumbersome norms

“If you want to start up a firm in India, it takes 18 days on an average with 10 procedures that can be often cumbersome. If we contrast it with New Zealand, which is the best in business, it takes half­ a ­day to fill up one form



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August 2022
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