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Odisha steals march over other states in cost of doing business: ADB study

State wins hands down on all key parameters, viz. skilled labour wages, power tariff and land costs, which the study used

Odisha steals march over other states in cost of doing business: ADB study
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Jayajit Dash Bhubaneswar
'Ease of doing business' might be the buzzword for attracting investors as states scramble to improve their rankings. But, Odisha is quietly stealing the show with its competitive advantage in the cost of doing business.

A study by the Asian Development Bank (ADB) has rated Odisha as the most cost competitive state when judged by the criteria of cost of setting up and running a business. The report has dwelt on key parameters – wage rate of skilled labour, industrial power tariff and land costs. In all the selected parameters, Odisha wins it hands down on cost when compared with states