Next ranking of states for ease of doing business likely to be released in Mar


PTI, Jan 7, 2020, 5:14 PM IST

New Delhi: The Commerce and Industry Ministry is likely to release the next index to rank states and union territories (UTs) in terms of ease of doing business in March, a senior official said.

“It will be released at the end of February or March. Due to elections, the release got delayed,” the official said.

The exercise is aimed at triggering competition among states to improve the business climate in order to attract domestic and global investors.

State governments are taking several steps such as setting up a single-window system for approvals to improve ease of doing business.

The parameters include areas such as construction permit, labour regulation, environmental registration, access to information, land availability and single window system.

The Department for Promotion of Industry and Internal Trade (DPIIT) in collaboration with the World Bank conducts an annual reform exercise for all States/UTs under the Business Reform Action Plan (BRAP).

In the last ranking released in July 2018, Andhra Pradesh topped the chart. Telangana and Haryana were at the second and third positions, respectively.

Others in the top ten were Jharkhand (4), Gujarat (5), Chhattisgarh (6), Madhya Pradesh (7), Karnataka (8), Rajasthan (9) and West Bengal (10).

The ranking is based on a combined score consisting of reform evidence score that is based on evidence uploaded by States/UTs and feedback score that is based on response garnered from actual users of services provided to businesses.

The report to be released this year will rank states for 2018.

In the World Bank’s latest ‘Doing Business’ report, India’s position improved to 63rd from 77th out of 190 economies.

The Commerce and Industry Ministry has prepared a blueprint to further improve India’s ranking in the World Bank’s ease of doing business index with a focus on six parameters, including enforcing contracts and starting a business.

The government is targeting to take India among top 50 in the index in the coming years.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Man declared dead wakes up before cremation, 3 doctors suspended in Rajasthan

Teen stabs man to death at railway station in Mumbai after quarrel over local train seat

BJP stages protest against Karnataka govt over Waqf properties row

Youth attempts suicide after being humiliated in public for wearing ripped jeans in Belthangady

India crawl to 51 for 4 after losing top-order

Nursing student suicide: Three students arrested in Kerala

Nadda’s letter to Kharge full of falsehoods: Cong

Related Articles More

Baku climate talks: The ‘X’ factor that could determine future of Global South

Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial

Gautam Adani charged in US with USD 250 mn bribery, fraud

India’s GDP growth likely to slip at 6.5 pc, maintains 7 pc estimate for FY25: Icra

RBI cautions public about ‘deepfake’ video of governor being circulated on social media

MUST WATCH

Christmas Cake Fruit Mixing

DK Shivakumar

Rose Cultivation

Geethotsava

Naxal Operation


Latest Additions

Man declared dead wakes up before cremation, 3 doctors suspended in Rajasthan

Teen stabs man to death at railway station in Mumbai after quarrel over local train seat

War has endangered future of 2.5 billion children of world: UP CM Adityanath

UP man gets 10-yr jail term for murder attempt on father

Cement mixer truck overturns near Ambagilu

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.