Why is India slipping in ease of doing business rankings?

Even after two decades of economic reforms, India continues to falter on various Ease of Doing Business sub-indices such as starting a business, dealing with construction permits, getting electricity, registering property, paying taxes, trading across border, enforcing contracts or resolving insolvency. This year's annual study of the regulatory environment for small and medium-sized businesses from 189 countries, by the World Bank Group, is no different.

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