Presentation is loading. Please wait.

Presentation is loading. Please wait.

Click to edit Master title style Doing Business in India 2009 Penelope Brook Acting Vice President, Financial and Private Sector Development The World.

Similar presentations


Presentation on theme: "Click to edit Master title style Doing Business in India 2009 Penelope Brook Acting Vice President, Financial and Private Sector Development The World."— Presentation transcript:

1 Click to edit Master title style Doing Business in India 2009 Penelope Brook Acting Vice President, Financial and Private Sector Development The World Bank Group New Delhi, J une 30, 2009

2 Click to edit Master title styleAbout the Doing Business project 10 indicators covering regulations relevant to the life cycle of a domestic small to medium-size firm Focus on smart regulation – efficient, streamlined, accessible Six years (2004-2009) of data collection and benchmarking Impact in informing reforms 2

3 Click to edit Master title style More economies reform business regulations 3 More than 1,000 business regulation reforms tracked by Doing Business since 2004 115 economies implemented start-up reforms 154 of 181 economies reformed in at least one of 10 areas covered in Doing Business Over 175 reforms in 69 economies informed by Doing Business

4 Click to edit Master title styleSubnational Doing Business Project Expands the DB indicators beyond the most populous city Captures local differences in regulations or enforcement Includes rules and regulations at all levels of government Gives specific locations an opportunity to tell their story Provides a tool for locations to compete globally Provides information on good practices within the same country that can be easily replicated Combines media appeal of DB with active participation of subnational governments in the reform process 4

5 Click to edit Master title style 20052006200720082009 Countries: 36 Cities: 266 Subnational Doing Business has projects all around the globe 5

6 Click to edit Master title style 6 Subnational Doing Business in India 2009 7 topics measured in India: Starting a business Dealing with construction permits Registering property Enforcing contracts Trading across borders Paying taxes Closing a business Data were collected with the help of 280 private sector contributors and 230 public sector officials

7 Click to edit Master title style Gujarat Kerala Doing Business in India covers 17 locations 7 Ludhiana New Delhi Jaipur Ahmedabad Mumbai Bengaluru Kochi Gurgaon Guwahati Patna Ranchi Kolkata Indore Bhubaneshwar Hyderabad Chennai Noida

8 Click to edit Master title style RankCity, StateRankCity, State 1Ludhiana, Punjab (easiest)10Mumbai, Maharashtra 2Hyderabad, Andhra Pradesh11Indore, Madhya Pradesh 3Bhubaneshwar, Orissa12Noida, Uttar Pradesh 4Gurgaon, Haryana13Bengaluru, Karnataka 5Ahmedabad, Gujarat14Patna, Bihar 6New Delhi, Delhi15Chennai, Tamil Nadu 7Jaipur, Rajasthan16Kochi, Kerala 8Guwahati, Assam17Kolkata, West Bengal 9Ranchi, Jharkhand Source : Doing Business database. 8 Doing business in India: Where is it easiest?

9 Click to edit Master title style Starting a business: Time and cost to start a business in India and selected economies 9

10 Click to edit Master title style Starting a business in Noida – fastest in India together with Mumbai 10

11 Click to edit Master title style 11 Dealing with construction permits: Some cities have a more efficient approval process

12 Click to edit Master title style Registering property: Time and cost vary significantly across states 12

13 Click to edit Master title style Paying taxes: Indian businesses make numerous tax payments 13

14 Click to edit Master title style 14 Trading across borders: Exporters spend most time on paperwork

15 Click to edit Master title style Enforcing contracts: Lengthy delays during judgment/trial 15

16 Click to edit Master title style Closing a business: average time, cost and recovery rate as compared to world regions 16

17 Click to edit Master title style Indian cities are reforming… * Locations measured by Doing Business in South Asia 2007 17

18 Click to edit Master title style … thanks to reforms, registering property in Jaipur is fastest in India 18

19 Click to edit Master title style “Indiana” would rank 67th globally if regional best practices were adopted in other cities 19 Indicator India’s performance in DB09 Best performing city Best local practice Global rank Days to deal with construction permits224 daysHyderabad80 days19 Cost to enforce a contract39.6% of claimPatna16.9% of claim31 Days to register property45 daysJaipur24 days49 Days to import20 daysBhubaneshwar16 days50 Days to export17 days Ahmedabad, Bhubaneshwar, Mumbai 17 days59 Time to pay taxes271 hoursJaipur233 hours91 Cost to deal with construction permits414.7% of GNIPatna204% of GNI94 Days to start a business30 daysMumbai, Noida30 days104 Cost to register property7.5 % of valueRanchi5.4% of value104 Days to enforce a contract1420 daysGuwahati600 days111 Cost to start a business70.1 % of GNIPatna38.5% of GNI124 Recovery rate for closing a business10.4 cents/$Hyderabad15.9 cents/$133 Total tax rate71.5% of profitNoida66.5% of profit162 Tax payments60 paymentsLudhiana, Noida, Mumbai, Belgaluru 59 payments/y 166

20 Click to edit Master title style Evidence from business start-up reform in Mexico Evaluation of impact on formal firm creation of a municipal reform which decreased the time to obtain an operation license from average 30 to 2 days in 93 municipalities. Increase in new start-ups by about 4% (Kaplan, 2006) Increase in employment in eligible industries by 2.8% (Bruhn, 2008) 20 Business regulation reform matters Indicative of how policy reform can lead to substantial real impact

21 Click to edit Master title style Doing Business in India 2009


Download ppt "Click to edit Master title style Doing Business in India 2009 Penelope Brook Acting Vice President, Financial and Private Sector Development The World."

Similar presentations


Ads by Google