Telangana State has been ranked 3rd in the Ease of Doing Business whereas Andhra Pradesh topped as No.1 followed by the Uttar Pradesh.
Announcing this the 4th edition of Business Reform Action Plan (BRAP) ranking of states here today, Union Minister of Finance and Corporate Affairs Nirmala Sitharaman said these rankings includes 180 reform points covering 12 business regulatory areas such as Access to Information, Single Window System, Labour, Environment, etc. The larger objective of attracting investments and increasing Ease of Doing Business in each State was sought to be achieved by introducing an element of healthy competition through a system of ranking states based on their performance in the implementation of Business Reform Action Plan. The ranking this time gives full weightage to the feedback from over thirty thousand respondents at the ground level, who gave their opinion about the effectiveness of the reforms. State rankings will help attract investments, foster healthy competition and increase Ease of Doing Business in each State, she said.
Till date, State Rankings have been released for the years 2015, 2016 and 2017-18 and now 2019-20. Ranking of States based on the implementation of Business Reform Action Plan started in the year 2015. The top ten states under the State Reform Action Plan 2019 are:
- Andhra Pradesh
- Uttar Pradesh
- Madhya Pradesh
- Himachal Pradesh
- West Bengal
Union Ministers Piyush Goyal who was present while speaking said: “The Ease of Doing Business rankings are a reflection of the efforts made by states, the rankings are competitive; India is among the very few nations which have state-specific rankings, which will, in turn, help the nation improve its ranking”
Another Union Minister Hardeep Singh Puri said: “I would urge States to undertake steps to minimize the regulatory burden by removing renewal of licenses or extending their periodicity, simplifying application forms, introducing risk-based inspections or the introduction of third-party inspections, digitizing approvals and undertaking measures to rationalize the regulatory regime”