- As per the report, India is ranked at 4th spot in Ease of starting business.
- It is topped by Saudi Arabia.
- The data for the report was gathered by conducting a survey of at least 2000 respondents from 47 high, medium, and low economies.
- As per the report, India has topped among low-income economies on various entrepreneurial standards like entrepreneurial finance, ease of access to finance, government policy, government support, taxes, and bureaucracy.
- As per the survey for India, 83% of respondents believe that there are good opportunities to start a business in their area- which placed India at second globally, and 86 % believe they have the skills and knowledge to start a business – which placed India at fourth globally.
- Static Part:
- HQ of GEM: London, UK
Published on February 13, 2022
Current Context: The ‘Global Entrepreneurship Monitor (GEM) 2021/22Global Report: Opportunity Amid Disruption’ report was released at Dubai Expo.
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