India improves ranking in trade facilitation aided by reforms

After evaluation of 143 economies, the 2021 survey has highlighted India's significant improvement in the scores on all five key indicators - transparency improved to 100% in 2021 from 93.33% in 2019, formalities rose to 95.83% in 2021 from 87.5% in 2019 while institutional arrangement and cooperation jumped improved to 88.89% in 2021 from 66.67% in 2019.
India has significantly improved its ranking in terms of trade facilitation due to various reforms undertaken by various departments especially customs under the Central Board of Indirect Taxes (CBIC). India has scored 90.32 percent in United Nation's Economic and Social Commission for Asia Pacific's (UNESCAP) latest Global Survey on Digital and Sustainable Trade Facilitation, a finance ministry statement said.
The survey hails this as a remarkable jump from 78.49 percent in 2019,