2014 Rank: 134
Change From 2013 Rank: Demoted by 3
Some of the biggest and fastest-growing economies in the world are held back by regulations too demanding of small- and medium-size businesses.
India is cited for several good practices -- investor protections, access to credit, and tax filing -- but lags all other G20 nations in its overall ease of doing business. India's highest ranking in any category, 28th, is in access to credit. The report cites better-than average collateral and bankruptcy laws for the region and sharing of credit information.
It finished 186th -- three slots from the bottom -- in the "enforcing contracts" category, for the time, expense and number of procedures involved.
India has pushed back at the Doing Business ranking's methodology, which analysts have tweaked over the 11 years since the study began.
Left: Udaipur, the City of Lakes, in India's western state of Rajasthan.
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