Pleasure and Pain of Living in India

We are in the bottom of the pyramid in starting business, property registration, closing business, dealing with licences, enforcing contracts and many more. If you go to a government office, you will see the delay and feel disgusted!!

Still some cities in India are doing better in some services and if they are followed nationwide, we would go up the ladder in terms of best practices. The cities that are progressing rapidly are:

Starting a business: Jaipur

Delaying with licenses: Bhubaneshwar.

Registering property: Hyderabad.

Paying taxes: Bhubaneshwar and Chandigar.

Trading across borders: Chennai

Enforcing contracts: Bhubaneshwar.

Closing a business: Bangalore.

It has been calculated the number of hours/days it takes to do the following activities in India on an average:

STARTING A BUSINESS:

Procedures: 13

Duration: 33 days.

PROPERTY REGISTRATION:

Procedures: 6.

Duration: 62 days.

CLOSING BUSINESS:

Duration: 10 years.

DEALING WITH LICENCES:

Procedures: 20

Duration: 224 days.

PAYING TAXES:

Payments: 60

Time: 271 hours.

ENFORCING CONTRACTS:

Payments: 46

Time: 1420 hours.

TRADING ACROSS BORDERS:

Time for imports: 21 days.

Document for exports: 8.

Time for exports: 18 days.

So from the above statistics it is clear why many people just move out of this country and settle in USA or UK or somewhere else?? There are some who loves this country and take the reality and manage to live a happy life!