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India has improved its ease of doing business ranking by streamlining insolvency and bankruptcy codes, facilitating trade agreements, and reducing red tape for trading across borders and construction permits. However, further reforms are still needed to reduce the time and cost of starting a business, enforcing contracts, registering property, and operating or closing a business. The central government will need to convince state governments to implement additional reforms.
India has improved its ease of doing business ranking by streamlining insolvency and bankruptcy codes, facilitating trade agreements, and reducing red tape for trading across borders and construction permits. However, further reforms are still needed to reduce the time and cost of starting a business, enforcing contracts, registering property, and operating or closing a business. The central government will need to convince state governments to implement additional reforms.
India has improved its ease of doing business ranking by streamlining insolvency and bankruptcy codes, facilitating trade agreements, and reducing red tape for trading across borders and construction permits. However, further reforms are still needed to reduce the time and cost of starting a business, enforcing contracts, registering property, and operating or closing a business. The central government will need to convince state governments to implement additional reforms.