Telangana has made a remarkable stride in attracting investments in key sectors as the new state has scaled 12 places to reach the top in Ease of Doing Business (EODB). It has now tied with Andhra Pradesh in this run, according to the ranking given by Department of Industrial Policy and Promotion (DIPP) which tracks the level of implementation of norms by state governments making it easier to do business.
Both the Telugu states have scored 98.78 per cent which was closely followed by Gujarat 98.21 per cent; Chattisgarh 97.32 per cent, Madhya Pradesh 97.01% and Haryana 96.35%
Commerce and Industry Minister Nirmala Sitharaman released the Ease of Doing Business State Report today.
Telangana was in 13 th place last year where as AP was in second position. Gujarat which was at the top last year has slipped a place which was primarly due to change of guard and political uncertainty for sometime.
Telangana’s single window industrial policy- TS-iPASS along with many industry-friendly measures made it propel into the top plae, according to experts. Industry minister KT Rama Rao, who has established global contacts with top honchos has been credited with the splendid run.
The results are based on an online dashboard created by the DIPP that tracks implementation in real time. The dashboard updates rankings every time a response by a state is validated by the DIPP.
The dashboard also showed that other states that have implemented more than 90 per cent of all reforms are Haryana, Jharkhand, Rajasthan, Uttarakhand and Maharashtra — in that order.
States traditionally weak in this regard such as Arunachal Pradesh, Jammu and Kashmir, and Meghalaya have scores between 0 and 1 on a scale of 100.
Originally conceived under the Make In India campaign, a 98-point action plan for easing the regulatory framework for business at the state level was prepared by the DIPP in December 2014. A wider action plan was released in September 2015 covering 340 points.
Last week, the World Bank’s Ease of Doing Business Index revealed that India has managed to move up by only one rank in the Doing Business Report 2017- by remaining at 130th place out of 190 countries.. India’s position on five out of 10 parameters also went down, compared to the previous year’s rankings.