January 29, 2018
From the article:
...it is time the Narendra Modi government gets its priorities right and similarly focuses on dismantling disincentives and barriers to prosperity. It must begin immediately with reviewing the impact of sops provided in previous budgets. Evidence suggests that larger entities, which are better informed and have adequate resources at their disposal, often benefit from such incentives, with smaller entities struggling under a restrictive regulatory environment. The small and medium enterprises endure disproportionately higher regulatory costs. While the government has prided itself in reforms on ease of doing business (EoDB), interactions with stakeholders across states suggest that the picture is far from rosy. India may witness significant decline in recalculated EoDB rankings, expected to be released soon by the World Bank. An independent study by the Center for Global Development says that India’s ranking should be 147 instead of 100.