• India improved its ranking by one spot in a global index of business optimism, with policy reforms and Goods and Services Tax (GST), on November 7, 2016.
• According to the latest Grant Thornton International Business Report, India was ranked second on the optimism index during the third quarter.
• Indonesia took the top spot, with the Philippines coming in third. India was ranked third during the April-June period after being on top for two consecutive quarters.
• The improvement in the optimism ranking in the recent past clearly reflects that the reform agenda of the government and its efforts on improving the climate for doing business are having an impact.
• According to the latest Grant Thornton International Business Report, India was ranked second on the optimism index during the third quarter.
• Indonesia took the top spot, with the Philippines coming in third. India was ranked third during the April-June period after being on top for two consecutive quarters.
• The improvement in the optimism ranking in the recent past clearly reflects that the reform agenda of the government and its efforts on improving the climate for doing business are having an impact.
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