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Gujarat is Most Investor-Friendly State in India
Sep 18, 2015

According to the World Bank's ranking on ease of doing business in states Gujarat is the best place in India to do business.

  • Gujarat scored 100 per cent in obtaining environment clearances.

  • Punjab emerged as the best state in terms of 'setting up a business'.

  • Mineral-producing states like Odisha, West Bengal, Jharkhand and Chhattisgarh have moved up the ranking.

Top-10 States

1. Gujarat-71.4 per cent
2. Andhra Pradesh- 70.12 per cent
3. Jharkhand-63.09 per cent
4. Chhattisgarh-62.45 per cent
5. Madhya Pradesh-62 per cent
6. Rajasthan-61.02 per cent
7. Odisha- -52.12 per cent
8. Maharashtra-49.43 per cent
9. Karnataka-48.50 per cent
10. Uttar Pradesh- 47.37 per cent

  • At the bottom of the ladder in terms of ease of doing business are Mizoram, Jammu and Kashmir, Meghalaya, Nagaland and Arunachal Pradesh.

The eight most important parameters on which states were evaluated were: Setting up a business, allotment of land and obtaining construction permit, complying with environment procedure, complying with labour regulations, obtaining infrastructure-related utilities, registering and complying with tax procedures, carrying out inspections and enforcing contracts.

The report also said 26 states were yet to introduce reforms along a wide range of labour inspections under various acts, or on inspections related to building permits. About 25 states lacked online availability of information on land banks, and use of GIS to track industrial land parcels.

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