The Ease of doing business index is an index created by the World Bank Group. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. - Wikipedia
Better your ranking => More conducive environment to do business => More Investments
=> More jobs => Better Standard of Living => Achche Din :D
India's rank was 142 last year due to various factors like निक्कमे सरकारी कर्मचारी ( I wish I don't become one of them ), Red-Tapism, Infrastructure Issues, फर्जी Taxation Policy etc.
This year it has improved and has climbed 12 spots to 130 among 189 countries due to various reforms by the new government like fixing companies act, improvement in taxation measures, better business regulation etc
Still India is substandard in various parameters (for e.g. In construction permits India's rank is 183) and India has still long way to go !!
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