The World Bank has came out with the corrected Ease Of Doing Business rankings of 2018 and 2020.
- These reports have adjusted the scores for China and three other countries based on an internal audit following staffers’ allegations of “undue pressure” by management to alter ratings.
- In the 2018 report released in October 2017, China should have been shown dropping seven places to 85th rather than remaining 78th.
- Besides China’s, the World Bank has corrected the Doing Business rankings of Saudi Arabia, United Arab Emirates and Azerbaijan.
- The corrected version kept the ranking of UAE unchanged at 16 in Doing Business 2020, while it marginally lowered the ranking of Saudi Arabia to 63 from 62.
- As per the ‘Doing Business’ 2020 report, India had jumped 14 places to the 63rd position on the ease of doing business ranking. The recent review has not changed India’s rankings.
