State-Wise Ease Of Doing Business Rankings To Be Released Today
India’s commerce and industry ministry will release the ease of doing business rankings of states and union territories tomorrow under its business reform action plan, an official said.
The states will be ranked based on parameters such as construction permit, labour regulation, environmental registration, access to information, land availability, and single window system. Improvement in ease of doing business will help attract more investment and better business climate for investors.
Andhra Pradesh and Telangana had jointly topped the rankings last year.
The rankings are aimed at triggering competition among states. State governments are taking several steps such as setting up of a single-window system for approvals to improve ease of doing business. In the last Union Budget, the government had identified 372 action points for states which they would carry out in a mission mode.
The government wants to be among top 50 countries in the overall ease of doing business rankings, released by the World Bank. India’s current rank is 100.