Business Reforms Ranking for 2016 - Telangana shares the first place with Andhra Pradesh

Andhra Pradesh, Telangana best places to do business in India

 

Andhra Pradesh has shot ahead of Gujarat to grab the top spot in the business reforms ranking for 2016 released by the Department of Industrial Policy & Promotion (DIPP)and World Bank on Monday Oct 31,2016

Telangana shares the first place with Andhra Pradesh, climbing up from the 13th position last year, while Gujarat is third. 

The assessment studies the extent to which states have implemented the DIPP's 340-point business reform action plan covering the period from July 1, 2015, to June 30, 2016. 

"States have demonstrated tremendous improvement in their performance. Last year not a single state had implemented more than 75 per cent of the reforms. This year we have 15," said Commerce & Industry Minister Nirmala Sitharaman. 

The plan includes recommendations for reforms on 58 regulatory processes, policies, practices and procedures spread across 10 reform areas spanning the lifecycle of a typical business. 

The 'leading' states that have scored more than 90 per cent also include Chhattisgarh, Madhya Pradesh, Haryana, Jharkhand, Rajasthan, Uttarakhand, Maharashtra, Odisha and Punjab. 

The 'aspiring leaders' that have scored between 70 % and 90% are Karnataka, UP, West Bengal and Bihar. 

States where 'acceleration is required' (scored between 40 % and 70 %) according to the report include Himachal Pradesh, Tamil Nadu and Delhi. 

The states scoring less than 40 % and need a 'jump start' include Kerala, Goa, Tripura, Daman & Diu, Assam, Dadra & Nagar Haveli, Puducherry, Nagaland, Manipur, Mizoram, Sikkim, Arunachal Pradesh, J&K, Chandigarh, Meghalaya, Andaman & Nicobar Islands and Lakshwadeep