<h1>India Boosts Business Environment: Major Reforms Improve World Bank Ranking from 142 to 77 in Four Years.</h1> The Department for Promotion of Industry and Internal Trade (DPIIT) has implemented various reforms to enhance India's ease of doing business, significantly improving its World Bank Doing Business ranking from 142 in 2015 to 77 in 2019. Key reforms include eliminating minimum capital requirements for businesses, introducing online systems for company registration, simplifying construction permits, and reducing electricity connection procedures. The Goods and Services Tax (GST) unified multiple taxes, and corporate tax rates were lowered for smaller companies. State-level reforms were also encouraged, with initiatives like single-window systems and streamlined construction permits. These efforts aim to create a more business-friendly environment across India.