State Ease of Doing Business | 01 Jul 2022

Why in News?

  • Haryana has been included in the top achievers category in the fifth edition of 'State Ease of Doing Business' released by the Ministry of Commerce and Industry on June 30, 2022. Apart from Haryana, the top achievers category includes Andhra Pradesh, Gujarat, Karnataka, Punjab, Tamil Nadu and Telangana.

Key Points

  • Vijayendra Kumar, Principal Secretary, Department of Industry and Commerce, said that the Department constituted for the Motion of Industry and Internal Trade (DPIIT) has ranked the States and Union Territories (UTs) on the basis of implementation of corrective steps and feedback.
  • He said that the action plan for the year 2020 included 301 improvement points in 15 areas. Haryana has achieved a score of 99+ percentile in the implementation of these reforms. Apart from this, the state has been ranked first in Export Readiness Index (Land Closed Category)-2021 and second in 'Logistics is Across Different Status Survey-2021'.
  • The state government has taken several major steps to improve the investment climate in the state, with the new industrial policy 'Haryana Enterprise and Employment Policy, 2020' being special. The policy aims to create 5 lakh jobs in the state, attract investment of over Rs 1 lakh crore and double exports to Rs 2 lakh crore.
  • 100 state laws (Acts, Rules and Guidelines) were re-evaluated in the state, creating an investment-friendly environment in the state.
  • Several investment proposals of national and international repute, such as Maruti, Fivelay, Grasim Paints, ATL Batteries, Aarti Green Tech Ltd., Amperex Technologies Ltd., Enrich Agro Food Products, etc. have shown interest in Haryana.
  • Vijayendra Kumar informed that due to the commitment of the Haryana government to provide a conducive ecosystem to the industries, Haryana got excellent ranking in ease of doing business, ease of logistics and export readiness.