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Economy Profile: India

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Economy Profile: India 2 Doing Business 2013 India © 2013 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: ; Internet: All rights reserved. 1 2 3 4 15 14 13 12 A copublication of The World Bank and ...

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Economy Profile:
India

, Doing Business 2013 India 2



© 2013 The International Bank for Reconstruction and Development /
The World Bank
1818 H Street NW, Washington, DC 20433
Telephone: 202-473-1000; Internet: www.worldbank.org
All rights reserved.
1 2 3 4 15 14 13 12
A copublication of The World Bank and the International Finance Corporation.
This work is a product of the staff of The World Bank with external contributions.
Note that The World Bank does not necessarily own each component of the content
included in the work. The World Bank therefore does not warrant that the use of the
content contained in the work will not infringe on the rights of third parties. The risk
of claims resulting from such infringement rests solely with you.
The findings, interpretations, and conclusions expressed in this work do not
necessarily reflect the views of The World Bank, its Board of Executive Directors, or
the governments they represent. The World Bank does not guarantee the accuracy of
the data included in this work. The boundaries, colors, denominations, and other
information shown on any map in this work do not imply any judgment on the part of
The World Bank concerning the legal status of any territory or the endorsement or
acceptance of such boundaries.
Nothing herein shall constitute or be considered to be a limitation upon or waiver of
the privileges and immunities of The World Bank, all of which are specifically
reserved.
Rights and Permissions




This work is available under the Creative Commons Attribution 3.0 Unported license
(CC BY 3.0) http://creativecommons.org/licenses/by/3.0. Under the Creative
Commons Attribution license, you are free to copy, distribute, transmit, and adapt
this work, including for commercial purposes, under the following conditions:
Attribution—Please cite the work as follows: World Bank. 2013. Doing Business 2013:
Smarter Regulations for Small and Medium-Size Enterprises. Washington, DC: World
Bank Group. DOI: 10.1596/978-0-8213-9615-5. License: Creative Commons
Attribution CC BY 3.0
Translations—If you create a translation of this work, please add the following
disclaimer along with the attribution: This translation was not created by The World
Bank and should not be considered an official World Bank translation. The World Bank
shall not be liable for any content or error in this translation.
All queries on rights and licenses should be addressed to the Office of the Publisher,
The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625;
e-mail: pubrights@worldbank.org.
Additional copies of all 10 editions of Doing Business may be purchased at
www.doingbusiness.org.
Cover design: Corporate Visions, Inc.

, Doing Business 2013 India 3




CONTENTS


Introduction .................................................................................................................................. 4
The business environment .......................................................................................................... 5
Starting a business ..................................................................................................................... 14
Dealing with construction permits ........................................................................................... 30
Getting electricity ....................................................................................................................... 42
Registering property .................................................................................................................. 50
Getting credit .............................................................................................................................. 60
Protecting investors ................................................................................................................... 67
Paying taxes ................................................................................................................................ 76
Trading across borders .............................................................................................................. 85
Enforcing contracts .................................................................................................................... 94
Resolving insolvency ................................................................................................................ 105
Employing workers .................................................................................................................. 111
Data notes ................................................................................................................................. 118
Resources on the Doing Business website ............................................................................ 123

, Doing Business 2013 India 4




INTRODUCTION
Doing Business sheds light on how easy or difficult it is the paying taxes indicators, which cover the period
for a local entrepreneur to open and run a small to January–December 2011).
medium-size business when complying with relevant
The Doing Business methodology has limitations. Other
regulations. It measures and tracks changes in
areas important to business—such as an economy’s
regulations affecting 11 areas in the life cycle of a
proximity to large markets, the quality of its
business: starting a business, dealing with construction
infrastructure services (other than those related to
permits, getting electricity, registering property,
trading across borders and getting electricity), the
getting credit, protecting investors, paying taxes,
security of property from theft and looting, the
trading across borders, enforcing contracts, resolving
transparency of government procurement,
insolvency and employing workers.
macroeconomic conditions or the underlying strength
In a series of annual reports Doing Business presents of institutions—are not directly studied by Doing
quantitative indicators on business regulations and the Business. The indicators refer to a specific type of
protection of property rights that can be compared business, generally a local limited liability company
across 185 economies, from Afghanistan to Zimbabwe, operating in the largest business city. Because
over time. The data set covers 46 economies in Sub- standard assumptions are used in the data collection,
Saharan Africa, 33 in Latin America and the Caribbean, comparisons and benchmarks are valid across
24 in East Asia and the Pacific, 24 in Eastern Europe economies. The data not only highlight the extent of
and Central Asia, 19 in the Middle East and North obstacles to doing business; they also help identify the
Africa and 8 in South Asia, as well as 31 OECD high- source of those obstacles, supporting policy makers in
income economies. The indicators are used to analyze designing regulatory reform.
economic outcomes and identify what reforms have
More information is available in the full report. Doing
worked, where and why.
Business 2013 presents the indicators, analyzes their
This economy profile presents the Doing Business relationship with economic outcomes and presents
indicators for India. To allow useful comparison, it also business regulatory reforms. The data, along with
provides data for other selected economies information on ordering Doing Business 2013, are
(comparator economies) for each indicator. The data in available on the Doing Business website at
this report are current as of June 1, 2012 (except for http://www.doingbusiness.org.

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