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Ease of Doing Business rankings: Congress, BJP exchange barbs

Ease of Doing Business rankings: Congress, BJP exchange barbs

India Blooms News Service | | 01 Nov 2017, 05:36 pm

New Delhi, Nov 1 (IBNS): Union Finance Minister Arun Jaitley on Wednesday attacked the Congress and its UPA rule and said during the BJP-led rule of the Central government the 'ease of doing corruption' has been replaced by 'ease of doing business'.

"The difference between the UPA and NDA-'The ease of doing corruption has been replaced by the ease of doing business'," he tweeted.

The Congress on Wednesday slammed the Centre over the World Bank’s Doing Business Report and said it was  'hard to undo' the real damage done to Indian economy by Prime Minister Narendra Modi and his government.

"Easy to hire consultants and 'fix' #EaseOfDoingBuisness rankings. It's hard to undo the real damage done to Indian economy by Messrs Modi&Co," Congress leader Abhishek Singhvi‏ tweeted.

Prime Minister Narendra Modi has hailed India’s historic jump of 30 ranks in the World Bank’s Doing Business Report, 2018 released on Tuesday.

India’s rank has risen to 100 in the latest report compared to 130 in the Doing Business Report, 2017.

While terming the improvement in the rankings as historic, the Prime Minister in a series of tweets, said that the jump is the outcome of the all-round and multi-sectoral reform push of Team India.

“Historic jump in ‘Ease of Doing Business’ rankings is the outcome of the all-round & multi-sectoral reform push of Team India.

Easier business environment is leading to historic opportunities for our entrepreneurs, particularly MSME sector & bringing more prosperity.

Over the last 3 years we have seen a spirit of positive competition among states towards making business easier. This has been beneficial.

It has never been easier to do business in India. India welcomes the world to explore economic opportunities our nation has to offer!

Guided by the Mantra of ‘Reform, Perform & Transform’ we are determined to further improve our rankings & scale greater economic growth.”, the Prime Minister said.