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Gujarat ranks first in World Bank’s Ease of Doing Business Index

According to a recent report compiled by World Bank, Gujarat tops among the Indian states in the rankings of ‘Ease of Doing Business’. On a 98-point action plan identified by World Bank to assess regulatory reforms and various initiatives in areas of good governance, Gujarat has achieved a top score of 71.14 per cent.

With industry-friendly policies and infrastructural development, Gujarat continues to be the preferred destination for industry investments in India today. Gujarat Chief Minister Smt Anandiben Patel expressed happiness over the achievement and said that simplifying government procedures for all is the utmost priority of the state government that is committed to offer conducive environment for business to prosper.

The assessment of the World Bank report was based on state implementation of business reforms sponsored by the Department of Industry Policy and Promotion (DIPP). The DIPP on 8 June had released a framework to assess and rank states in terms of ease of doing business on 98 parameters. Its aim was to assess various factors enabling the ease of doing business in each state, and to compare the states.

The DIPP had mentioned eight areas in which states would be ranked: setting up a business, allotment of land and obtaining construction permit, complying with environmental procedures, complying with labour regulations, obtaining infrastructure-related utilities, registering and complying with tax procedures, carrying out inspections and enforcing contracts.

 
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