DIPP to Rank States on 'Ease of Doing Business'

The Centre will soon come out with a list of states ranked on the basis of ease of doing business.

Published: 25th July 2015 07:41 PM  |   Last Updated: 25th July 2015 07:41 PM   |  A+A-


KOLKATA: The Centre will soon come out with a list of states ranked on the basis of ease of doing business, DIPP secretary Amitabh Kant said today.

"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," Kant said at a Indian Chamber of Commerce meet here.

The Department of Industrial Policy and Promotion (DIPP) has received responses from all the state governments and a study is currently on to evaluate and rank the business-friendliness of the states, he said. The ranking would be an annual exercise, he said.     

"All the states have given us reports on what actions have been taken by them for ease of doing business. This is being evaluated by both commerce and industry ministry and the World Bank jointly. I think by the end of August we will have the ranking of the states in terms of the best performing states and the worst performing states, Kant said.

Regarding acquisition of land for setting up industrial units, he said every state government would have to find innovative solutions for the purpose and should ensure that farmers become a part of the development process.

"After issuing the land acquisition notifications, the government-appointed committees can negotiate with the farmers to arrive at a right land price," he added.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp