Rank Yourself

Written by The Financial Express | Updated: Sep 19 2013, 08:26am hrs
Given how Doing Business indices are such a buzzword, never mind that investors dont take them too seriously while investing in countries like China and India, it is not surprising the Planning Commission plans to rate various states on this. Its also great business for consulting firms who will be roped in to do evaluations of the state, and will give a sense of purpose to all manner of chambers of commerce who will be part of the processone prominent chamber of commerce has been quoted as saying it has identified labour and land as key issues that need fixing in the state of Rajasthan.

It is true that, were you to dig deep, it will indeed be possible to find other key issues in each state. Why doesnt the Planning Commission just restrict itself, and its army of consultants, to just ranking various central ministries on the ease of doing business indices It is very possible Vedanta is finding the going tough in Orissa, but surely the biggest problem is the environment ministry In the case of RIL, it is certain getting local clearances are a problem, but none can be bigger those it faces with the Directorate General of Hydrocarbons And now that theres a 10% cut in all non-essential expenditure, this will also help keep the budget for the exercise under control.