New Delhi, Dec 20 (KNN) DPIIT Secretary Guruprasad Mohapatra has said that India would soon break into the top 50 in the World Bank's Ease of Doing Business (EODB) ranking.

India had jumped 14 places to the 63rd position in the World Bank's EODB released in October. India was ranked 142nd among 190 nations when Prime Minister Narendra Modi took office in 2014.

Speaking at an event organised by the Confederation of India Industries (CII), Mohapatra, on Thursday, said, ''As per a release issued by the industry chamber, a district-wise EODB plan is slowly evolving in which the four local bodies will partake in improving the business climate and ease of living, along with the centre and the state government.''

''Once India does that, it will be in the league of advanced industrialised countries, where any incremental progress will require even stronger reform measures from the government,'' he asserted.

He further said that from next year onwards, the World Bank EODB rankings will include two more cities of Bengaluru and Kolkata apart from the existing cities of Delhi and Mumbai.

Chairman of CII National MSME Council Shreekant Somany emphasise on to focus more on short-term measures, which have potential to deliver quick results for boosting investment.

Later, he said in its 'Doing Business' 2020 report, the World Bank had commended the reform efforts undertaken by the country "given the size of India's economy".

---------------------