India: Business freedom
(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
India: Business freedom index (0-100): For that indicator, The Heritage Foundation provides data for India from 1995 to 2019. The average value for India during that period was 50 points with a minumum of 36 points in 2010 and a maximum of 57 points in 2019. See the global rankings for that indicator or use the country comparator to compare trends over time.
The Business Freedom index for India from The Heritage Foundation measures the ability to start, operate, and close a business. It reflects the overall burden of regulations and the efficiency of the government of India in the regulatory process.
Definition: The Business freedom index is based on 10 indicators, using data from the World Bank’s Doing Business study: Starting a business-procedures (number), time (days), cost (% of income per capita), and minimum capital (% of income per capita); Obtaining a license—procedures (number), time (days), and cost (% of income per capita); Closing a business—time (years), cost (% of estate), and recovery rate (cents on the dollar).