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'Over-regulated countries in the world' - India on top

Wednesday, 26 January 2011, 18:54 Hrs
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'Over-regulated countries in the world' - India on top
Singapore: India has been termed the most "over-regulated country in the world" as per a survey on Asian business and politics by Hong Kong-based Political and Economic Risk Consultancy(PERC).

The survey used responses from American executives about regulatory conditions in the United States to provide a benchmark against which to assess the Asian scores.

India was rated worst in terms of over-regulation, scoring 9.16 points out of 10, followed by China with 9.04 points, Japan in third position with 3.28 points and the U.S. at fourth with 1.51 points.

Hong Kong received the best score in the survey of 0.98 point, while Singapore was second with 1.08 points, according to the survey done in the last quarter of 2010, based on responses from 1,370 executives.
Source: PTI
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