URBAN DEVELOPMENT PLANNING – CITY LEVEL

SAVITRI KUMARI

Literature Review

D e p a r t m e n t O f P l a n n i n g 3 r d y e a r , 6 t h S e m

DOING BUSINESS 2015 INDIA - WORLD BANK

The doing business project provides objective measures of business regulations and their enforcement across 189 economies and selected cities at the subnational and regional level.

In India Doing Business has been carried out in three main process.

DOING BUSINESS 2015 INDIA - WORLD BANK LITERATURE REVIEW 2

INTRODUCTION

PROCEDURE

TIME

COST

DOING BUSINESS 2015 INDIA - WORLD BANK LITERATURE REVIEW 3

REGION South AsiaINCOME CATEGORY Lower middle income

POPULATION 1,252,139,596GNI PER CAPITA (US$) 1,570CITY COVERED MUMBAI,DELHI

INDIA RANKS 142 ON DOING BUSINESS INDEX: WORLD BANK

EASE OF DOING BUSINESS, INDIA 2015: RANK & SCOREDoing Business2015 Rank

Doing Business2014 rank***

Change in Rank

142 140 -2 ↓

Doing Business 2015DTF**(% points)

Doing Business 2015DTF**(% points)

Change in DTF** (%points)

53.97 52.78 1.19 ↑

DTF** is Distance to Frontier which benchmarks economies with respect to a measure of regulatory best practice showing the gap between each economy’s performance and the best performance on each indicator. An economy’s distance to frontier score is indicated on a scalefrom 0 to 100, where 0 represents the worst performance and 100 the frontier.

Source: PHD Research Bureau, Compiled from World Bank

DOING BUSINESS 2015 INDIA - WORLD BANK LITERATURE REVIEW 4

TOPICS DB 2015 Rank DB 2014 Rank Change in Rank

Starting a Business 158 156 -2

Dealing with Construction Permits

184 183 -1

Getting Electricity 137 134 -3Registering Property 121 115 -6Getting Credit 36 30 -6

Protecting Minority Investors

7 21 14

Paying Taxes 156 154 -2

Trading Across Borders

126 122 -4

Enforcing Contracts 186 186 No changeResolving Insolvency 137 135 -2

Source - PHD Research Bureau, compiled from World bank

DOING BUSINESS 2015 RANKINGS

The only area ‘Protecting minority’, has shown a significant rise in its ranking from 21st positionlast year to 7th position in the current year.

Reforms Undertaken to reduce regulatory complexity and cost or strengthened legal institutions in 2013/14 by India

DOING BUSINESS 2015 INDIA - WORLD BANK LITERATURE REVIEW 5

SL.No. Aspects Reforms

1 Starting a business (Simplifiedpre-registration andregistration formalities)

India made starting a business easier by considerably reducing the registration fees, but also made it more difficult by introducing a requirement to file a declaration before thecommencement of business operations.

2 Getting electricity (Improvedregulation of connectionprocesses and costs)

In India the utility in Mumbai made getting electricity less costly by reducing the security deposit for a new connection.

3 Protecting minority investors(Increased disclosurerequirements for related-partytransactions, and increaseddirector liability, expandedshareholders’ role in companymanagement)

India strengthened minority investor protections by requiring greater disclosure of conflicts of interest by board members, increasing the remedies available in case of prejudicial related-party transactions and introducing additional safeguards for shareholders of privately held companies.

Source - PHD Research Bureau, compiled from World Bank

DOING BUSINESS 2015 INDIA - WORLD BANK LITERATURE REVIEW 6

The indicators are used to analyze economic outcomes and identify what reforms have worked, where and why.

Procedures should be simple ,time and cost should be minimised to attract entrepreneur to the market.

LESSON LEARNT

An economy’s proximity to large markets, The quality of its infrastructure services (other than those related to trading across borders

and getting electricity), The security of property from theft and looting, The transparency of government procurement, Macroeconomic conditions or the underlying strength of Institutions.

LIMITATIONS

DOING BUSINESS 2015 INDIA - WORLD BANK LITERATURE REVIEW 7

THANK YOU