Ease of doing business: Ranking of states likely in January

The commerce and industry ministry is likely to release the ranking of states in terms of ease of doing business by January, a senior official said.
 

Andhra Pradesh and Telangana jointly topped the 2016 all-India State/Union Territory-wise Ease of Doing Business rankings. The move is aimed at triggering competition among states to attract investments and improve business climate.

The last date for uploading evidence of reforms implemented by the states has been extended to Tuesday. “We are trying to release the ranking by January or February,” the ministry official said.

State governments are taking several steps such as setting up of single window system for approvals to improve ease of doing business, the official added.
 

Last years’ rankings were based on a 340-point business reform action plan and their implementation by the states.

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

According to the latest World Bank report, India has jumped 30 places to rank 100th.