November 06, 2024 02:39 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
Andhra maintains top position in 'Ease of Doing Business', UP climbs 10 places to rank 2
Ease of Doing Business

Andhra maintains top position in 'Ease of Doing Business', UP climbs 10 places to rank 2

| @indiablooms | 06 Sep 2020, 12:56 am

New Delhi/IBNS: Andhra Pradesh, followed by Uttar Pradesh and Telangana have been ranked top three in the list of “Ease of Doing Business” issued by the Department for Promotion of Industry and Internal Trade on Saturday.

Andhra Pradesh maintained its top position for third year in a row, while Uttar Pradesh climbed 10 positions over its 2018 ranking, based on the implementation of the Business Reform Action Plan for Atmanirbhar Bharat.

Gujarat has been ranked 10, which maintained the position consistently.

Madhya Pradesh has been judged as the best place to invest money in the western region, Jharkhand in East and Assam in Northeast.

However, Madhya Pradesh ranked 20 in the overall list, followed by Jammu and Kashmir at No. 21, while Goa occupied 24th, Bihar 26th and Kerala at 28th spots. Tripura ranked 36th position at the bottom.

"India is seen taking the reform process seriously which showed when foreign direct investment in the country increased even during the COVID-19 pandemic, amid what was called world's strictest lockdown," Union Finance Minister Nirmala Sitharaman said.

Minister of Commerce and Industry Piyush Goyal, who also holds the Railways portfolio, said the exercise promotes competition among states to boost the business environment to attract domestic and foreign investments.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.