India ranked 77th among 190 countries by leapfrogging 23 ranks in World Bank’s Ease of Doing Business (EODB) 2018 rankings.

• In the 2017 rankings, India ranked 100th and had jumped 30 places
• . In 2016, 2015 and 2014, India had not improved much and was placed at 130, 131 and 134, respectively, in ranking.
• EODB 2018 was topped by New Zealand (consecutive for third time), followed by Singapore, Denmark, and Hong Kong.
• US was placed at eighth and China was ranked 46th while Pakistan is placed at 136th. The index ranks 190 countries based on 10 indicators.

The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses.