Report by the Secretariat: II. Trade Policy Regime: Framework and Objectives: (4) Investment regime: Para. 26:
In spite of considerable improvements over the review period, doing business in India still requires overcoming 12 procedures with differences in rules at the state level. What is India's strategy to reduce the adverse effects of cumbersome and lengthy administrative processes on the business and investment environment?
Reply: The report of the World Bank is not representative of the business environment across the country. The sample size and the statistical universe are very limited in size. Government is reviewing the FDI policy and regulations, on a continuing basis, with a view to their further liberalisation and increasing their investor friendliness.
