In rankings released by the World Bank on Oct. 25, India’s position in Doing Business 2017 list moved up by only one place to 130 among 190 countries. 
●    This comes as a dampener for the Narendra Modi government, which, two years ago, publicly announced an ambitious target to improve India’s rankings to within the top 50 by 2018.
●    The Doing Business report, started in 2002, reviews business regulations and their implementation across 190 countries. 
●    In the 2016 report, India’s ranking jumped 12 positions, cheering up the government.
●    This year, Asia’s third-largest economy slipped in areas such as starting a business, dealing with construction permits and protecting minority investors. 
●    Even as India suffered, despite being the world’s fastest-growing major economy, Russia, China, Singapore, South Africa, Nepal, and Brazil paced ahead in overall rankings.
 

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