Now it is being observed that India has become a kakistocracy where the government is under the control of the worst, least qualified, and most unscrupulous people. ~ Rakesh Raman
The Prime Minister of India, Narendra Modi, has surprisingly hailed India’s dismal ranking in the World Bank’s Doing Business Report, 2018.
In its report released Tuesday, World Bank has placed India at a low rank of 100 in a list of 190 countries. While it must be a cause of concern for India, which claims to be the world’s fastest growing economy, Modi has decided to celebrate this poor performance. Shocking but true!
Finance Minister Arun Jaitley addressed a press conference Tuesday on India’s ranking in the World Bank’s Ease of Doing Business Report 2018, in New Delhi.
Modi said, “Historic jump in ‘Ease of Doing Business’ rankings 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. pic.twitter.com/DhrEcuurgi
— Narendra Modi (@narendramodi) October 31, 2017
He added that easier business environment is leading to historic opportunities for entrepreneurs, particularly the MSME (micro, small, and medium enterprise) sector.
“It has never been easier to do business in India. India welcomes the world to explore economic opportunities our nation has to offer!” Modi stated.
Photo courtesy: Press Information Bureau
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