India sees opportunity as World Bank audit finds China fraud in Doing Business ranking

India hopes the massive fraud highlighted in the audit report of Doing Business ranking by the World Bank, which points undue pressure from China, would improve its ranking and help shift manufacturing supply chains to India.

Though the World Bank audit didn’t point out any fraud in India’s ranking, Kaushik Basu who supervised the release of the reports during 2012-16 as the chief economist of WB had said India had benefitted from methodological changes, alluding to the “Two big controversies” involving India’s rise from 130th place to 100, and Chile losing its ranking between 2016 and 2017.

[Via]

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