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Andhra Pradesh again tops ‘ease of doing business’ ranking of states, union territories

SNN DESK by SNN DESK
September 5, 2020
in Business
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The Department for Promotion of Industry and Internal Trade (DPIIT) conducts the exercise.
In the last ranking released in July 2018, Andhra Pradesh topped the chart, followed by Telangana and Haryana.

DPIIT changed the methodology of ranking and linked the states’ performance with user feedback. 35,000 users were reached out as part of the exercise.

“India is seen taking the reform process seriously which showed when foreign direct investment increased even during the Covid-19 pandemic amid what was called world’s strictest lockdown,” said finance minister Nirmala Sitharaman.

Uttar Pradesh (which jumped 10 notches from 2018) from North India, Andhra Pradesh from South India, West Bengal from East India, Madhya Pradesh from West India and Assam from North East India topped the ranking while Delhi got the top spot among Union Territories.

The results were scheduled to be announced in March, but were delayed due to the coronavirus crisis.
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“India is among the top 10 performers in the World Bank ease of doing business for the last two years. We are seeing a quick recovery in several sectors after the Unlock exercise,” said commerce and industry minister Piyush Goyal.

India’s position in the ease of doing business ranking had jumped 14 notches last year to 63 among 190 countries. In the last five years, the country has improved its ranking by 67 slots.

The government has drawn up a detailed action plan to make India break into the top 50.

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