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