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Ease of doing business race hots up among states

Times of India:  October 10, 2016

New Delhi: The race to decide the easiest state for doing business in India has gone down to the wire.

If the year began with Bihar in the lead, it was Uttarakhand that led the race for the past few months. Now, Telangana is on top, dethroning arch rival Andhra Pradesh. The gap between the two is just one hundredth of a percentage point. On Sunday evening, India's youngest state, Telangana, had a score of 96.98% compared to Andhra's 96.97%.

And last year's winner Gujarat, which dropped to the sixth position just 10 days ago, is now placed third with a score of 94.99% as a World Bank team goes through the last 100 steps taken by Indian states before releasing the rankings.

When the rankings were released for the first time last year, states were gauged on 98 parameters for improving the regulatory framework for business. This year, they are being graded on the basis of their performance on 340 parameters — so far the most detailed exercise of its kind.

States were asked to submit the steps that they had taken on performance indicators such as ushering in transparency, single-window clearances, availability of land, construction permit enablers and environmental registration enablers. Their submissions are still being validated and marks assigned.

"We are taking a little time in releasing the rankings because we want to be sure that the steps that states are claiming to have initiated are properly verified," said an officer.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.