DIPP to release state rankings on ease of doing business by August

Secretary Amitabh Kant said most of the states have sent the formal reports on the actions taken by them

The Department of Industrial Policy and Promotion (DIPP) will release the ranking of states assessed in terms of ease of doing business by August-end, said DIPP Secretary Amitabh Kant.

“We have created 98 points and nine different parameters to judge the states and those were sent to them,” Kant said at the Indian Chamber of Commerce annual general meeting. Most of the states have sent the formal reports on the actions taken by them.

According to Kant, this will be evaluated by the ministry of commerce and industry and the World Bank, based on which the rankings would be made. DIPP last month had released a framework for the same purpose. The key objective is to infuse a spirit of competition among the states to attract investors. “The states are now competing against themselves and that is a positive sign, that will help them to improve themselves,” he said.  India is ranked 142 among 189 nations in the World Bank’s Ease of Doing Business study. Earlier, Kant also advocated in favour of radical reforms and repealing archaic laws.  

“In India, we have formed a number of regulations but have failed to dismantle those with changing times,” Kant said.

On the land acquisition Bill controversy, Kant said every state should find a creative and innovative approach to solve this problem. Kant favoured a mix of government supervision and negotiation with the farmers. “This has to be a joint process, the farmers should be made part of the development process,” he said.
ROAD AHEAD

• DIPP Secretary Amitabh Kant said the govt had created 98 points and nine different parameters to judge the states and those were sent to them
• This will be evaluated by the ministry of commerce and industry and the World Bank, based on which the rankings would be made
• The key objective is to infuse a spirit of competition among the states to attract investors