Department of Industrial Policy and Promotion (DIPP) has proposed to help individual states in the country to rank their respective districts on their Ease Of Doing Business (EODB), as reported by Financial Express (FE).
DIPP, which is the nodal agency for the ‘formulation and implementation of industrial policy and strategies for industrial development’, works under the Union Ministry of Commerce & Industry, currently headed by Suresh Prabhu.
Also Read: On-The-Ground Reforms: How Andhra Pradesh, Telangana And Haryana Topped Ease Of Doing Business Ranking
“We have circulated 218 points to all States. They should be implementing these points. We will help them in capacity building to implement this reform plan for ranking purpose. The States will do the ranking, and DIPP will provide all the support and help,” said a senior official of the ministry.
To promote healthy competition among the states in attracting investment, DIPP, in collaboration with the World Bank, has released an EODB Index that ranks the states and UTss (Union Territories) on their business-friendly policies. In the 2018 Index, part of the Business Reform Action Plan (BRAP) of the Union government, Andhra Pradesh, Telangana and Haryana occupied the top three ranks in the order.
DIPP Secretary, Ramesh Abhishek, recently stated that the government is all set to unveil a new industrial policy that will provide a comprehensive roadmap for the industrial development of the country.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.