Andhra Pradesh has appeared as the best state in ease of doing business ranking, retaining its top position in the ranking of states and union territories (UTs).
Ease of Doing Business (EODB) is a joint initiative by the Department for Promotion of Industries and Internal Trade (DPIIT) and the World Bank to improve the overall business environment in the States.
Registering a jump of 10 places in the rankings, Uttar Pradesh occupied the second position in 2019 as against 12th in 2018.
Telangana slipped to the third position from second in 2018 followed by Madhya Pradesh (4th), Jharkhand (5th), Chhattisgarh (6th), Himachal Pradesh (7th), Rajasthan (8th), West Bengal (9th) and Gujarat (10th).
The ranking is based on the implementation of the business reform action plan 2019 by states and UTs, according to a report released by Finance Minister Nirmala Sitharaman on Saturday.
Releasing the report, Sitharaman said that states have taken the exercise in its true sense and it would help states and UTs to become a better place to do business.
Appreciating the effort put in by states, Minister of Commerce and Industry Piyush Goyal, who also has the Railways portfolio, said the exercise is aimed at promoting competition among states to improve the business climate to attract domestic and foreign investments.
The states and union territories that continued to lag are Assam(20th), J&K (21st), Goa (24th), Bihar (26th) and Kerala (28th). Tripura was ranked at the bottom 36th.
In the World Bank’s latest ‘Doing Business’ report, India has jumped 14 places to the 63rd position.
