President Jim Yong Kim , Worldbank and EOB report !

Recently, World Bank Group has decided to discontinue ‘Doing Business’ reports that used to assess investment climate in countries after data irregularities were found in 2018 and 2020. Reportedly, the Doing Business team was given instructions by the then Chinese President Jim Yong Kim, and then CEO Dr Kristalina Georgieva was reported overseeing the capital increase campaign and later pressurised the report. Meanwhile, India is said to be the most preferred investment destination for world businesses as it is both reliable and trustworthy. Also, no irregularities were found in the Indian data. The recent details on the fraud by China will help the Indian economy as several initiatives can move their manufacturing to India.