India is aligning its state business readiness rankings with the new World Bank B-READY index. The B-READY (Business-Ready Index) replaces the discontinued Ease of Doing Business rankings. It assesses the business environment of global economies based on regulatory framework, public services, and efficiency. Key areas include digitalization, environmental sustainability, and gender equality. The index evaluates ten parameters across a business’s lifecycle, from starting to closing. It will expand from 54 economies initially to 180 countries by 2026. Global institutions and companies will use it to assess a country's regulatory and policy environment.
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