- 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.
Labels:
Reports
About Me
Ramandeep Singh - Educator
I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.