Quotient of ease of doing business in India i.e. assessing the hurdles businesses face and the procedures that have to be followed while doing business in India.

1. Presentation by Mansi Basantani

2. Analyzing the quotient of ease of doing
business in India i.e. assessing the hurdles
businesses face and the procedures that have
to be followed while doing business in India.

3. India’s rank in ease of doing business
 In 2014 : 140
 In 2015 : 142
Net change = -2
The fall in rank is not due to fall in India’s
performance in this regard, instead it’s a result
of improvement in other countries’
performances.

6.  For promoting entrepreneurship in India, it is
quite necessary that we improve our ranking
(ie;158 ) in ease of starting a business.
 It still involves numerous procedural delays
and formalities which discourages a person
in taking up an idea.

7. Time required to complete all formalities
relating to starting a business takes around 28
days in India and due to delays it may take
longer.
Whereas in countries like UK, US and New
Zealand, time required to start a business is
only 6,6 and 1 days respectively.
This tells about the reason why these countries
have been successful in promoting
Entrepreneurial culture.

8. Understanding the difficulties involved in
Starting a Business in India

9.  Any business small or big needs a capital to
start. If you’re in India and coming from a middle
class background then it is quite obvious that
you’ll be unable to amass sufficient cash to start
a small business.
 Hence, you’ve to look towards banks or other
firms that can grant you some loan to start your
business. Although there’re thousands of banks
which ready to lend you cash.
 But the problem is they’re reluctant to give to
people who don’t have strong financial
background.

10.  If you’re starting a small business then people in
your area, town or city should know about it.
 In order to advertise your business locally ,you’ve
to go through all sorts of thing.
 Online advertising is quite expensive and beyond
the reach of many small business owners.
 Thus, in the competition to expand your business
you need to innovate new advertising techniques.
But in India it’s restricted to big corporations
only.

11. While under no circumstances, corruption can
be justified, it is a bitter truth that it is rampant
in many government departments. Even private
sector is not spared by it. We have to make a
collective effort to curb this social evil. As it
hampers growth of the business, it is a
challenge for budding entrepreneurs.

12. Lack of manufacturing capability in India has
been attributed to red tapism and corruption,
but the low productivity of labour is also a big
factor.

13. We can conclude that still reforms are needed
to make an ideal environment for nurturing
businesses. And to truly emerge as a ideal
economy for doing business, India needs to get
rid of menaces like corruption, red tapism and
anything which hampers growth & functioning
of businesses.

15.  Agile software development is a conceptual
framework for software engineering that
promotes development iterations
throughout the life-cycle of the project.
 Software developed during one unit of time
is referred to as an iteration, which may last
from one to four weeks.
 Agile methods also emphasize working
software as the primary measure of
progress

16. Agile development provides opportunities to
assess the direction throughout the development
lifecycle. This is achieved through regular cadences
of work, known as Sprints or iterations, at the end
of which teams must present a potentially
shippable product increment. By focusing on the
repetition of abbreviated work cycles as well as the
functional product they yield, agile methodology is
described as “iterative” and “incremental.” In
waterfall, development teams only have one
chance to get each aspect of a project right. In an
agile paradigm, every aspect of development —
requirements, design, etc. — is continually
revisited.

17. Requirements
Gathered
Architecture
Designed
Coding
Completed
Testing
Sequential – series of steps

18.  Individuals and interactions over processes
and tools
 Working software over comprehensive
documentation
 Customer collaboration over contract
negotiation
 Responding to change over following a plan

19.  Our highest priority is to satisfy the customer through
early and continuous delivery of valuable software.
 Welcome changing requirements, even late in
development. Agile processes harness change for the
customer's competitive advantage.
 Deliver working software frequently, from a couple of
weeks to a couple of months, with a preference to the
shorter timescale.
 Business people and developers must work together
daily throughout the project.
 Build projects around motivated individuals. Give them
the environment and support they need, and trust them
to get the job done.

20.  Very logical
 Easy to sign contracts
 Specialized people in each domain
 Tracking at each step becomes possible
 Works best if everything goes as planned