Let’s begin with the positive news. India’s rank in the World Bank’s ease of doing business index has improved from 142 to 130 out of a list of 189 countries. The bitter fact, however, is that this year the World Bank has adopted a new methodology to determine a country’s rank in the ease of doing a business index. Although, India was ranked 142 by the World Bank in 2015 on the ease of doing business index, its rank was later revised to 134 based on a new methodology. Therefore, India has improved its ranking by just 4 places and not 12. In sum, the scale of India’s improvement has not created much excitement.