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September 5, 2020

FM release India’s State Ranking on Ease of Doing Business. Know your State Rank

by facelesscompliance in Compliance Law, Corporate Law

FM release India’s State Ranking on Ease of Doing Business. Know your State Rank

How do Indian States fare with respect to their implementation of Business Reforms?

The system of ranking states based on implementation of State Business Reform Action Plan will fit in very well in the evolution of a New India, we are sure that this will completely transform the experience of doing business in India

The rankings being announced today and the overall ecosystem produced will drastically reduce regulatory burden and rationalize regulatory regime

State Ranking on implementation of State Business Reform Action Plan 2019 is based on performance of states/UTs and perception of respondents on more than 180 indicators

The dual spirit of cooperative and competitive federalism, which promotes oneness when it comes to national interest and competition among states to attract investment and jobs, will drive the nation faster towards 5 trillion dollar economy by 2025

The Ease Of Doing Business rankings being released today are a reflection of the efforts made by states, the rankings are competitive; India is among the very few nations which has state-specific rankings, which will in turn help the nation improve its ranking

PM has set an extremely bold target of bringing digital connectivity to every village in 1000 days, this will prepare India for global engagement and increase our share in global trade

Top 10 Achievers

Some states have shown extraordinary energy in putting together action plans and making sure that reforms happen. States have embraced the true spirit behind the State Business Reforms Action Plan: Union Finance Minister Nirmala Sitharaman

Here are the 10 states which have registered the maximum improvement, since the launch of #State EODB Rankings

Andhra Pradesh and Uttar Pradesh have emerged as the best performing states in the State Rankings on the basis of State Business Reform Action Plan 2019.

Uttar Pradesh in the North, Jharkhand in the East, Madhya Pradesh in the West, Andhra Pradesh in the South have been declared as the best performing states in zone. Assam, the best performing North Eastern state.

And here are the rankings of all 36 states and UTs, in their implementation of State Business Reform Action Plan 2019

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