Wednesday, July 1, 2009

Doing Business in India 2009

The Doing Business in India 2009 report, a co-publication of the World Bank and the International Finance Corporation, has been released, along with a press release. The report contains a city-wise analysis that measures business regulations and their enforcement around India. Some of the results seem to defy conventional wisdom. Ludhiana has been found to be the city where it is easiest to do business, followed by Hyderabad and Bhubaneswar.

In order to start a business, the result finds that it is easiest in New Delhi, followed by Patna and Jaipur. In terms of the speed of starting a business though, the top honours are shared by Noida and Mumbai (at 30 days).

As regards enforcement of contracts and resolution of disputes, it is easiest in Hyderabad (at 2 years), while it is most cumbersome in Mumbai (at 4 years).

The report also ranks cities based on other criteria: dealing with construction permits, registering property, paying taxes, trading across borders and closing a business.

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