India is performing well internationally, in attracting local and foreign entrepreneurs with an improved infrastructure and better tax reforms. By Saurabh Goenka. Creative: Sunitha Shekhar
India performs much better in terms of getting electricity for a business unit and is ranked at 29th position on this parameter.
It takes around 47 days to get a new connection in India as against UAE where it can be done in 10 days.
(Photograph:WION)
Recent Tax reforms have increased India's score in this criteria by 18.39 points, which is also the prime reason for the jump in India's ranking.
However, the tax rates, the time required and the number of payments in India is still much higher than other countries performing better in the Index.
(Photograph:WION)