New Delhi, Nov 3: Close on the heels of India recording a giant leap of 23 places to arrive the 77th spot position in the World Bank’s ‘ease of doing business’, President of the World Bank Jim Yong Kim on Friday congratulated Prime Minister Narendra Modi over the same.
India was ranked 100th in World Bank’s Doing Business Report last year, moving up from 131th position that it recorded in 2016.
"Had a wonderful conversation with World Bank President, Mr JimYong Kim," Prime Minister tweeted after the tele talks.
"I thank him (Kim) for his kind words on India's historic rise in the 'Ease of Doing Business' rankings over the last four years, and his support towards India's reform trajectory," Mr Modi wrote in the micro blogging site.
Sources said Mr Modi received the tele call from the World Bank President.
Mr Kim congratulated the Prime Minister for India’s "historic rise" in the Ease of Doing Business rankings. He said that it is remarkable that a nation of over 1.25 billion people has achieved a rise of 65 ranks in a short period of 4 years.
Mr Kim added that this has been made possible, in large measure, due to the unwavering commitment and leadership of Prime Minister Modi. He also described this as an unprecedented achievement.
Mr. Kim also recalled the recent honours received by the Prime Minister, including the UNEP Champions of the Earth Award, and the Seoul Peace Prize, and congratulated him for the same.Mr Kim promised the World Bank’s unflinching and continued support to India’s initiatives on ease of doing business.
Prime Minister Modi thanked the World Bank President, for the Bank's continued guidance and support in India's efforts to improve ease of doing business. He said that the World Bank’s rankings are a source of inspiration for India, in its quest to improve ease of doing business.
India's jump Ease of Doing Business rankings is a 'near-repeat' of its performance last year and now stands at 77 among 190 countries assessed by the multilateral lender. (UNI)