New Delhi, Apr 13 (KNN) The World Bank has agreed to widen the scope of the ease of doing business rankings for India by expanding it to eight more cities.

Nirmala Sitharaman, Minister of State for Commerce and Industry announced this at the India conference in Chubu 2017 in Nagoya Japan according to media reports.

“The move would improve the quality of the index as the survey will cover 10 cities, at present it is restricted to two cities—New Delhi and Mumbai” said the minister.

Chandrajit Banarjee, Director General of the Confederation of Indian Industry who was also present at the conference welcomed the move. ”The index will now be more representative of the country” he added.

Highlighting the government’s intention in bringing the desirable economic reforms in the country, Sitharaman further said that the BJP-led National Democratic Alliance (NDA) is pushing for economic reforms, citing the passage of last batch of legislations on the GST in the recently concluded session of Parliament as an example.

India has been very keen to improve its position in the ease of doing business rankings conducted by the World Bank. India currently ranks at 130 and is seeking to improve this to 90 in the World Bank’s ease of doing business index. (KNN/ DA)