Buying a gun is easier than opening a restaurant in Delhi. This is the analogy Chief Economic Advisor Krishanamurthy Subramanian gave for improving the ease of doing business (EoDB) situation in India.
Using a detailed PowerPoint presentation to explain the Survey, he said that 19 documents have to be submitted to the Delhi Police to buy a gun in India, while to open a restaurant, 45 documents are needed to obtain a license. In India, it takes about 18 days to complete 10 cumbersome procedures before setting up a business.
Cumbersome exercise
Though India has climbed up in the EoDB ranking to 63 from 142 during the last six years, it still trails in ease of starting a business, registering property, paying taxes and enforcing contracts. All these need to be taken upon an immediate basis, Subramanian said.
هذه القصة مأخوذة من طبعة February 01, 2020 من The Hindu Business Line.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة February 01, 2020 من The Hindu Business Line.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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