Here Charitable Individualism is the key!… nothing less.


Movid's Weblog

In the latest study from World Bank “Ease of Doing Business in India 2011” India is ranked as 134 out of 183 countries. Table 3 summarizes India’s ranking in “Doing Business” for key indicators. Though India has been ranked fairly for two indicators namely “ Getting Credit” and “ Protecting Investors”, it has secured embarrassingly in “Enforcing Contracts” in which it has been ranked 182 out of 183 countries and “Dealing with Construction Permits” as 177 out of 183 countries. According to the details in “Enforcing Contracts” India takes almost 1420 days and involves 40% cost of claim which is way above the OECD countries that takes just 518 days and 19% cost of claim.

Nowhere is India ranked this low by the WORLD BANK report except for ENFORCING CONTRACTS. Why is this so? The reason is neither hard to find nor is it complicated. The reason is EACH INDIAN’S…

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