The states of South no doubt tend to top the charts of establishments in the country. The commerce and industry ministry released on Saturday the ranking of states and union territories (UTs) in terms of ease of doing business. In that, Andhra Pradesh topped the ranking. Finance Minister Nirmala Sitharaman, Minister of State for Commerce and Industry Piyush Goyal and Cabinet Minister Hardeep Singh Puri released the ranking. This ranking is based on the implementation of the business reform action plan, Piyush Goyal was quoted saying.
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He was quoted saying, “Govt. of India has been making efforts to streamline business regulation through a single-window system, labour law reforms, reforms in Disputes Act etc. to make doing business quick and economical." Covid-19 has impacted all countries but the nation will emerge stronger due to PM Modi’s call for a self-reliant India. The nation will be able to play a more assertive role on the global stage,” he added. Andhra Pradesh has brought in several reforms to make government data available for the public to make the system more transparent. It is publishing information on the department's website about land banks that are available for industrial purposes.
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“If a state has a high ranking, it does not mean it is superior to others in any way. All states’ efforts count,” the minister added. The results were scheduled to be announced in March but had to be postponed due to the coronavirus epidemic. The reason why the state had topped could be stated as the state has implemented reforms in areas such as paying taxes, protecting minority investors, issuing construction permits, providing new electricity connections, registering property and ease in starting a business.
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