Department of Industrial Policy and Promotion (DIPP), Government of India along with World Bank, initiated the exercise of ranking all the states and union territories of the country regarding ease of doing business. The exercise began in 2015 and took a digital look in 2016 with a portal displaying dynamic ranking. The State of Maharashtra has shown an increase in compliance to about 92% helping it secure a rank in the top ten states in 2016. Government of Maharashtra is constantly working towards implementing reforms to ensure better performance.
World Bank conducts a ranking of 190 economies on how easy or difficult it is for
a local entrepreneur to open and run a small to medium-size business when complying
with relevant regulations. The assessment is carried out across the implementation
and usage of identified reforms across 10 major indicators. For India, World Bank
considers two cities, Mumbai and Delhi. India has scored a rank of 130 in the Doing
Business 2017 Survey. With renewed focus, Government of Maharashtra has taken up
many reforms to reduce the time taken, cost and number of procedures for any of
the indicators pertaining to Mumbai.
The World Bank indicators pertaining to India ranking are as follows: