India’s ranking in the ‘Ease of Doing Business Index’ is sometimes see

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India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which of the following has declared that ranking?

Organization for Economic Cooperation and Development (OECD)
World Economic Forum
World Bank
World Trade Organization (WTO)
This question was previously asked in
UPSC IAS – 2016
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The ‘Ease of Doing Business Index’ is a widely recognized index that ranks countries based on how conducive their regulatory environment is to the starting and operation of a local firm.
This index was published annually by the World Bank Group. It measured aspects such as starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.
The World Bank discontinued the ‘Doing Business’ report series (which included the Ease of Doing Business Index) in September 2021 following allegations of data irregularities. However, during its publication period, the World Bank was the sole authority for this ranking.

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