World Bank chief Jim Yong Kim lauds Gujarat growth model
Hotline: 1800 102 2007
X
Search Business Opportunities
2014-07-25

World Bank chief Jim Yong Kim lauds Gujarat growth model

Lauding the Gujarat growth model, World Bank Chief Jim Yong Kim said India\\\'s business standing will jump 50 places if the ranking is done on the basis of Gujarat.

Lauding the Gujarat growth model, World Bank Chief Jim Yong Kim said India's business standing will jump 50 places if the ranking is done on the basis of Gujarat.

 

The remark comes in the backdrop of India raising concerns with the World Bank over various indicators used in the ease of doing business report.

 

"If the ranking of India in doing business report was based just on Gujarat, they would improve 50 places in the doing business ranking.

 

So, my hope is that what Modi did in Gujarat in improving business environment can be scaled up now to all of India and if that happens then India will rise quickly in rankings of doing business in India," he said here.

 

The World Bank group has been publishing annual 'Doing Business Report' since 2004. The report provides specific information on ease of doing business in 189 countries.

 

As per the latest report, India had slipped three notches to 134th spot.

 

Kim also acknowledged that there are many "legitimate critics" of doing business report.

 

"Doing business report has continuously evolved in the last 10 years...for example instead of survey doing in one city we will be doing two. If we have resources we will do more," he said.

 

Doing business report is an important tool, he said, adding that "it is not perfect. It does not cover everything thing. It is focused on ease of opening a business for small and medium enterprises."

 

Kim showered praise on Prime Minister Narendra Modi, saying he was inspired by Modi's ambitious vision for India.

 

Earlier in the day, the World Bank Group President had a meeting with Modi to understand the vision of the new government.

Related opportunities
  • Quick Service Restaurants
    About Us: Pizza is easily recognised food item in the world,..
    Locations looking for expansion Gujarat
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Juices / Smoothies / Dairy parlors
    About: Chaai Resto” has a team of highly motivated individuals with..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Partner with Cafe Frespresso and be part of India’s fastest..
    Locations looking for expansion Gujarat
    Establishment year 2010
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater vapi Gujarat
  • Others Food Service
    About Us: The Philosophy that drives us is that “Good food doesn’t..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts