In a change of methodology, the World Bank has decided to have four cities each from countries with more than 100 million population
On Thursday, India jumped 14 places to 63rd position in the World Bank's annual ranking of countries for their ease of doing business
New Delhi: The World Bank’s ease of doing business survey, which so far covered only Delhi and Mumbai, will include Bengaluru and Kolkata from next year.
“For a large country like India with regional diversity being very distinct, we have been impressing upon the World Bank that having just two cities may not be adequately representative. I am very glad that from this coming year, Kolkata and Bengaluru will be added to this list. So respondents will be drawn not just from Delhi and Mumbai but also from Kolkata and Bengaluru and giving their inputs about India’s position," World Bank said.
In the ease of doing business report released on Thursday, India's rank improved by 14 rungs to 63rd position among 190 countries surveyed. Finance Minister Nirmala Sitharaman said all efforts will now be to figure within top 50 of the ranking.
In a change of methodology, the World Bank has decided to have four cities each from countries with more than 100 million population. Apart from India, the US and China will also have two more cities included in the ranking from next year onwards.
Industry department secretary Guruprasad Mohapatra said the centre has started engaging with both Karnataka and West Bengal regarding inclusion of the two new cities in the World Bank ranking. “We will further intensify our engagements with the two states in coming days," he added.