World Bank hailsAndhra, Telangana |
Andhra Pradesh and Telangana have jointly dislodged Gujarat to emerge as the best states to do business in the country, according to a World Bank and DIPP report. Chhattisgarh, Madhya Pradesh and Haryana occupied the 4th, 5th and 6th slots in the index, based on implementation of DIPP’s 340-point Business Reform Action Plan.States are really competing with each other. Healthy competition is happening among all the states. Everybody is monitoring everybody’s performance, Commerce and Industry Minister Nirmala Sitharaman said while releasing the report.She however said that more efforts are needed to encourage states like Jammu and Kashmir (at 31st) and other north-eastern regions to improve their business climate.Nagaland, Manipur, Mizoram and Sikkim stand at 26th, 28th, 29th and 30th position.In the World Bank’s latest ‘Doing Business’ report, India’s place remained unchanged from last year’s original ranking of 130 among the 190 economies.
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