News/City Updates

Andhra Pradesh ranks first in ease of doing business in the country

As per the recently released ‘ease of doing business’ rankings for India, prepared by the World Bank and the Department of Industrial Policy and Promotion (DIPP), Andhra Pradesh reigned supreme once again with a score of 98.42 percent. Telangana, with a score of 98.33 percent, stood second on the list, as compared to its joint first rank with Andhra Pradesh last year.

Harayana and Jharkhand, with scores of 98.07 percent and 97.99 percent respectively, followed suit. National capital Delhi, on the other hand, slipped further down from its last year’s rank and stood 23rd on the list this year.

Based on the 405 business reforms initiatives identified by the centre and the feedback from businesses, the country’s states and Union Territories have been ranked to create a healthy competitive environment for attracting investments and facilitating easier ways for carrying out various business activities.

Ramesh Abhishek, secretary of the department of industrial policy and promotion, said, “This time we have taken feedback from industry to see whether the reforms are percolated to the ground level.”

While the states which made a significant progress over the past one year, Himachal Pradesh, Assam and Bihar, were categorised as the fast movers, states including Goa (57.34 percent), Punjab (53.92 percent), Tripura (22.27 percent), and Sikkim (0.13 percent) among others, were put under the category of Aspirers.

Share
Leave a Comment

Recent Posts

5 natural retreats near Vizag to visit for an escape from the city!

The Earth is gorgeous - it's in the golden rays of the sun at the…

37 mins ago

8 key highlights and goals from the YSRCP Manifesto ‘Navaratnalu Plus’

On April 27, 2024, YS Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh, unveiled…

1 hour ago

YSRCP releases manifesto, adds glitter to ‘Nava Ratnalu’

Andhra Pradesh Chief Minister Y S Jaganmohan Reddy on Saturday, 27 April 2024, released the…

2 hours ago

Stand-up shows by Vivek Muralidharan and Vizag Komedians to turn Vizag into Comedy Central this weekend!

With the weekend here, it's time to put the seriousness aside and put our funny…

6 hours ago

Campaign cacophony gets louder in Vizag

The cacophony of poll campaigns in Visakhapatnam, Andhra Pradesh gets louder as D-Day for the…

7 hours ago

Lakshminarayana sees threat to life, seeks police protection

V V Lakshminarayana, the former joint director of the Central Bureau of Investigation (CBI) and…

1 day ago