Strategy to Cover Ease of Doing Business ranking for UPSC Examination

The UPSC exam often includes questions on various topics, including the Ease of Doing Business ranking. To effectively cover this topic and ensure success in the examination, it is essential to have a strategic approach. Here are some key strategies to consider:

Familiarize Yourself with the Topic

Start by understanding what Ease of Doing Business ranking is and how it is assessed. This ranking evaluates the ease of doing business in different countries and provides insights into their business environment, regulations, and policies. Familiarize yourself with the indicators used in this ranking, such as starting a business, getting construction permits, accessing credit, protecting investors, paying taxes, and resolving insolvency.

Study Regional and Global Rankings:

Besides the overall global ranking, it is crucial to be aware of the regional rankings, especially for countries that are important from an economic and geopolitical perspective. Understand the factors that contribute to the rankings of different countries within their respective regions.

Read Reports and Analysis

Explore reports and analysis provided by reputable organizations like the World Bank, which publishes the Ease of Doing Business report annually. These reports contain valuable information on the methodology used, rankings of different countries, and specific indicators. Additionally, refer to articles, research papers, and expert opinions to gain a comprehensive understanding of the topic.

Analyze Government Initiatives

Governments play a crucial role in improving the Ease of Doing Business. Analyze the initiatives taken by different countries, including India, to enhance their business environment. Understand the reforms, policies, and regulatory changes introduced to boost the ease of doing business. Focus on case studies and success stories of countries that have significantly improved their rankings over the years.

Connect with Current Affairs

Stay updated with recent developments related to Ease of Doing Business. Connect this topic with current affairs, such as reforms announced by governments, international agreements impacting business regulations, or controversies surrounding certain rankings. Linking the topic with current events will not only enhance your understanding but also help you analyze different perspectives.

Practice Answer Writing

To excel in the UPSC examination, practice answer writing on questions related to Ease of Doing Business ranking. Develop concise, well-structured, and analytical answers based on the knowledge and understanding gained through your study. Pay attention to using relevant facts, figures, and examples to support your arguments and illustrate your understanding.

By following these strategies, you can effectively cover the Ease of Doing Business ranking exam and increase your chances of performing well in the UPSC examination. Remember to constantly revise and update your knowledge on this topic to stay prepared for any questions that may come your way.