Recent World Bank Study on "Doing Business 2009" has ranked India 122 on the ease of doing business . The rank of India has increased by 2 points, from the earlier rank of 120 in 2008.The report mentions that India significantly reformed on the trade between borders and usage of information technology on providing citizen services.
More regulatory reforms were recorded worldwide between June 2007 and June 2008 than in any previous year, according to Doing Business 2009. For the fifth year in a row, Eastern Europe and Central Asia led the world in Doing Business reforms. Once again, Singapore tops the rankings, followed by New Zealand, the United States, and Hong Kong, China.
This year's top reformer is Azerbaijan.It improved on 7 out of 10 of the indicators tracked by DB and moved up 64 slots in the overall rankings.