World Bank Reports: Gujarat Ranks First in Ease of Doing Business
About ease of doing business of World Bank: Ease of doing business gives the ranks to economics from 1 to 189 with first place being the best. The high ranking in it means low numerical rank means that the governing environment is conductive to business operation.
- The index averages the country՚s percentile rankings on 10 topics covered in the World Bank՚s Doing Business.
- Ease of doing business is basically an evaluation of business improvements sponsored by the Department of Industry Policy and Promotion (DIPP) .
About Department of Industry Policy and Promotion:
- Department of Industry Policy and Promotion is responsible for construction and execution of promotional and progressive actions for growth of the industrial sector in India.
- It is also observe the national priorities and social economic aims.
About first rank of Gujarat:
- Gujarat gets 1st rank in ease of doing business with 71.14% according to World Bank reports.
- Arunachal Pradesh ranked last in the list with minimum of 1.23% .
- India has been ranked 142 among the 189 countries in the World Bank՚s report, falling two places from the previous year՚s ranking.
After Gujarat top five states are,
- Andhra Pradesh ranked 2nd with 70.14% .
- Jharkhand ranked 3rd with 63.09% .
- Chhattisgarh ranked 4th with 62.45% .
- Madhya Pradesh ranked 5th with 62% .
- Rajasthan ranked 6th with 61.04% .
✍Examrace Team at Sep 16, 2015