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India worst for red tape in Asia: survey

India worst for red tape in Asia: survey
AFP
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First Published: Wed, Jun 02 2010. 11 01 PM IST
Updated: Wed, Jun 02 2010. 11 01 PM IST
Singapore: India, Indonesia and the Philippines have Asia’s most inefficient bureaucracies, with red tape a constant blight to citizens and deterrent to foreign investment, a survey said on Wednesday.
Regional financial centres Singapore and Hong Kong have the most efficient bureaucracies, according to the survey of expatriate business executives by the Political and Economic Risk Consultancy (PERC).
Government bureaucracies in some Asian countries have become “power centres” in their own right, allowing them to effectively resist efforts toward reforms by politicians and appointed officials, the Hong Kong-based firm said.
Ranking 12 key countries and territories on a scale of one to 10, with 10 as the worst possible score, the business executives in the survey rated India as having the region’s most inefficient bureaucracy.
India had a score of 9.41, followed by Indonesia (8.59), the Philippines (8.37), Vietnam (8.13) and China (7.93).
Singapore was ranked as having the most efficient bureaucracy, with a score of 2.53, followed by Hong Kong with 3.49. Singapore was also No. 1 and Hong Kong was in third place globally in the World Bank’s latest survey on the ease of doing business, which covered 183 economies.
PERC said 1,373 middle and senior expatriate executives took part in the survey carried out earlier this year.
Dealing with India’s bureaucracy “can be one of the most frustrating experiences for any Indian, let alone a foreign investor”, PERC said.
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First Published: Wed, Jun 02 2010. 11 01 PM IST