India ranked 98th in Forbes ‘doing business’ list 2013
India ranked 98th in the Forbes list of world’s best countries for doing business that has cited poverty, corruption and discrimination against girls among the challenges facing the country. The rating of 145 nations was done on the several factors viz. property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection, stock market performance, etc.
Ireland topped the Forbes ‘doing business’ list, as it maintains an extremely pro-business environment which attracts investments from world’s biggest companies. Ireland was followed by New Zealand and Hong Kong.
The data for the report was collected from reports of various organizations viz. Freedom House, Heritage Foundation, Property Rights Alliance, Transparency International, World Bank and World Economic Forum, etc.