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Ranking states on ease of doing biz: DIPP gets 25 responses

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Press Trust of India New Delhi
The Department of Industrial Policy and Promotion (DIPP) is validating the responses of states on its questionnaire in order to give them ranking in terms of ease of doing business.

The DIPP has received response from 25 states and union territories including Uttar Pradesh, Madhya Pradesh, Tamil Nadu, Odisha, Maharashtra, Karnataka, and Rajasthan.

"These responses are being validated by the DIPP's team for ranking the states," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.

Eleven states and union territories including Arunachal Pradesh, Jammmu and Kashmir, Manipur, Daman and Diu have not yet responded to the 285 questions of the DIPP.
 

The key objective of the DIPP's survey is to assess the implementation of various factors enabling ease of doing business in a state.

India is currently ranked 142nd among 189 nations in the World Bank's Ease of Doing Business 2015 study. With the exception of two parameters (getting credit and protecting minority investors), India does not feature in the top 100 in the remaining parameters.

The efforts aim at bringing India into the top 50 ranks in the ease of doing business in the next three years.

Improved ranking will help in attracting both domestic and foreign investments.

Replying to a separate question, she said two representations have been received in the Finance Ministry from Karnataka and Andhra Pradesh to hike import duty on raw silk from 10 per cent to 30 per cent or at least 15 per cent.

To another query, she said that at present there is no proposal under consideration of the government to permit FDI in business-to-consumer e-commerce in the country.

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First Published: Jul 31 2015 | 4:07 PM IST

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