EconomyPIB7 June 2026

Ease of Doing Business: Strengthening India's Business Framework

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500+ questions on Economy with explanations

📌 Summary:

PIB backgrounder: India shifted from a compliance-heavy to a facilitation-driven business ecosystem via digital governance, regulatory simplification and trust-based administration
World Bank Doing Business Report 2020: India ranking rose from 142 (2014) to 63 (2019) — a 79-position jump
IMD World Competitiveness Ranking: improved from 43 (2021) to 41 (2025)
World Bank GovTech Maturity Index: India in Group A (advanced) in 2020, 2022 and 2025
UN E-Government Survey: India scored very high on the Online Services Index; high on telecom infrastructure and human capital
Reforms span faster paperless business entry (startups, MSMEs, incorporation), digital land records, single-window clearances, streamlined labour/environment approvals, decriminalisation, and IBC-based insolvency resolution

🎯 UPSC Relevance: GS3 (Economy) — liberalisation, regulatory reform, investment climate, e-governance.

📝 Prelims Facts:

🔑 Key Term: Ease of Doing Business (EoDB) — a measure of how friendly the regulatory environment is to starting and running a business.

Ease of Doing BusinessreformsWorld Bankcompetitiveness

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