Around the world and mind...

What is 'Doing Business'? According to the world bank report , "The Doing Business project provides objective measures of business regulations and their enforcement across 190 economies and selected cities at the subnational and regional level." Most importantly, EOB, looks at the conducive and harmful norms that pertain to a particular national economy. Most importantly it captivates one's attention, because it tells more about the regulatory norms for starting a business at the local level. Amid all the political controversies, if one goes through the report, the leap although not spell bound, but it is worth to inspire entrepreneurship in India. Image source: Doing Business . What is DTF? In above picture there is a diagram showing something called Distance to Frontier(DTF). It is just comparing the economy under consideration to the best one on an absolute scale upto 100.(It can be viewed on diagram above.) It is designed to address both ...