The Department of Industrial Policy and Promotion (DIPP) is expected to come out with the ranking of states on ‘ease of doing business’ in the month of August and this competitive method of ranking of the states would “dramatically” change the country’s approach to attract investors by creating more business-friendly environment, a top central government official said on Saturday.
“We are trying to build a spirit of competition on ease of doing business among the states. States are now competing among themselves to attract investors to their states. This is a positive sign. Investors must know which are the best and worst performing states,” said DIPP secretary Amitabh Kant.
Amitabh Kant said his department had received responses from all the state governments and a study was currently on to evaluate and rank the business-friendliness of the states. “All the states have given us formal reports on what actions have been taken by them for ease of doing business,” he said.