1. Gujarat tops World Bank’s ease of doing business index

Gujarat tops World Bank’s ease of doing business index

In India, it is much easier to do business in smaller and younger states such as Jharkhand and Chhattisgarh, according to a state-wise ranking list compiled by The World Bank released on Monday.

By: | Updated: September 14, 2015 5:43 PM
business model in india

Jharkhand, which was carved out as a new state in the early part of the millennium, ranked third with 63.09% followed by Chhattisgarh, which was also formed during the same time, with 62.45%.

In India, it is much easier to do business in smaller and younger states such as Jharkhand and Chhattisgarh, according to a state-wise ranking list compiled by The World Bank released on Monday.

Jharkhand, which was carved out as a new state in the early part of the millennium, ranked third with 63.09% followed by Chhattisgarh, which was also formed during the same time, with 62.45%.  These two states came just after Gujarat and Andhra Pradesh, which ranked first and second, with 71.14%, and 70.12%, respectively.

Maharashtra, India’s biggest industrialized state, and home to many engineering and automobile firms, fell far behind at eighth rank, and scored 49.43%. It was preceded by Madhya Pradesh,  Rajasthan and Odisha, according to the report.

The graphic below attempts to summarize the race to 100% implementation status:

busines-index

The overall findings is part of the Central government’s efforts along with The World Bank, and industry bodies, to assess the parameters and the business-friendly states in the country. The rankings are based on a 98-point action plan, the report showed.  Each of the implmentation status is converted into a percentage, and the basis of the total, they have been given a ranking, it said.

States with overall implementation between 50% and 75% have been categorised as “Aspiring Leaders” by the report. While none of the 32 Indian states, made to the leadership status, which needs a ranking for an overall implementation of 75% and above.

Northeastern states of Meghalaya, Nagaland and Arunchal Pradesh, ranked among the last three scoring less than 5% in overall implementation of the action plan, and needs jump start, the report added.

  1. R
    rajesh
    Sep 15, 2015 at 11:16 am
    brain less people given above list in favour of BJP
    Reply
    1. Hemen Parekh
      Sep 15, 2015 at 10:16 am
      AN EXAM WITH A DIFFERENCE ! World Bank / KPMG report ( Ease of Doing Business ) for India's States, which got released on 14 Sept 2015 , was an Exam with a difference An exam where the exam-paper was leaked in advance ! In fact , exam paper was set by the States being examined ! Now , you may wonder why, * Tamil Nadu ( rank # 12 ) signed MOUs worth investments of Rs 2.4 lakh*crores at recently concluded Global Investment Summit - 2015 whereas , * Uttar Pradesh ( rank # 10 ) , could get investment commitments worth only Rs 33,000 Crores during visit of Shri Akhilesh Yadav to Mumbai recently To unravel that mystery , you would need to know , how many marks UP and Tamil Nadu got , in each of the 98 questions ! But you would never know , if the Industrialists who signed those MOUs , had some other secret questions , beyond those 98 ! I believe , for the next round , DIPP is planning to raise the number of questions ( ranking parameters ) to 300 ! For this next exercise , I have following suggestion : * Let InvestIndia web site ( owned by DIPP / FICCI / 28 States ), host an Online Questionnaire Survey on those 300 parameters * Each " Ranking Parameter " to have a 5 point scale of rating * Each parameter to carry a pre-igned " Weightage " , clearly visible against each parameter * Online rating to be carried out by Corporate Members of recognized Industry ociations ( FICCI / OCHAM / CII etc ) and Member Firms of various Chambers of Commerce * Online Rating to remain open for just ONE WEEK , - the first week of each quarter * As soon as rating exercise gets over , algorithm-based and automatically computed " Analytics " ( Eg : Raw Scores / Percentile Scores / Co-efficient of Correlations / Frequency Distribution Curves / Standard Deviations / Regressions / Position Improvements etc ) , to become immediately visible to everyone * The results should also be displa on MakeinIndia web site I believe this will make this exercise much more authentic / cheap / fast / unbiased / reliable and certainly less "controversial " as far as the States getting low ranks are concerned Corporate and various political parties , will certainly have more faith in the " Impartiality " of such an Online Survey And above everything else , it will motivate the States to keep improving on a continuous basis , thereby ushering , what Shri Narendra Modi likes to call , FEDERAL COMPEIVENESS ------------------------------------------------------------------ hemen parekh 15 Sept 2015 B2BmessageBlaster
      Reply
      1. Vignesh SK
        Sep 14, 2015 at 10:20 pm
        Am I the only one to be surprised that other than Odhisa, how all the other states are either BJP ruled or alliance ruled?
        Reply

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