The American think tank said, due to the wrong way of the World Bank survey, India's rankings showed a big jump

 15 Feb 2018 ( Perwez Anwer, MD & CEO, IBTN GROUP )
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Last year, the Modi government had advertised it from social media to political platforms when India boosted in the ranking of the World Bank's Is of Doing business, now the US think tank has questioned the report.

The American Think Tank Center for Global Development has rejected the World Bank report, which saw India's jump in the Is of Doing Business Ranking. The organization has questioned the methods of survey to the World Bank report misleading. The Center for Global Development has said that the report of the World Bank is wrongly promoted.

The American Think Tank has published information about the World Bank Report on its website through its blog on cross-checking. There is already ruckus on the World Bank report, when its chief economist Paul Romer resigned in January, calling about tampering ranking from the political level. However, the World Bank had said in the rescue that the last four years of ranking will be examined again. This institution, which has been questioned on the World Bank's Is Of Doing Ranking, is widely known for its extensive study on issues related to poverty and inequality globally.

The Center for Global Development has said that after 2014 the World Bank changed the parameters of fixing the rankings. According to the new parameters, India's ranking looks good, but the reality is the opposite. The organization alleged that the World Bank published a related report by putting misleading heading on its website, Which advertised India's fake boom in Is of Doing.

When there was a dispute over the report, the World Bank tried to clean it, but the headline was heavy on all of them. Regarding the difference in the ranking of India with the change in the World Bank's Methodology, Center for Global Development said, "India has earned 81.25 in the old method and 65 marks in the new method in 2014. By this we multiplied the ranking by 1.25 (= 81.25 / 65) every year. When investigations were done in the manner of the Consistent Methodology and Fixed Sample of Countries, it was found that India's ranking has seen only seven points jump from 2017 to 2018. That is, India has reached 141 to 134. While the World Bank has officially showed India's rankings reaching 130-100.

Last year in October 2017, the World Bank gave India 100 ranking. In the annual report "Doing Business 2018: Reforming to Create Jobs", the World Bank had said that the ranking of India reflects about half of the 37 reforms adopted since 2003 in the last four years. Reforms in eight out of 10 indicators of business facilitation were implemented. India has got place in the top 100 countries for the first time. While in 2017 India was placed 130th in the list of 190 countries. After getting the 100th rank, Modi Government also made a lot of publicity about it. Recently during the Davos tour, Modi cited the World Bank report saying that the biggest democracy in the world is now heading towards becoming the biggest economy.

 

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