Andhra Pradesh was declared as number one State in ease of doing business ranking 2019.
On the 5th of September, the Union Commerce and Industry Ministry released the State Business Reform Action Plan Ranking.
According to the released data, Andhra Pradesh stand at number one position in terms of ranking as State with ease of doing business.
Uttar Pradesh from North India, Andhra Pradesh from South India, West Bengal from East India, Madhya Pradesh from West India and Assam from North East India topped the ranking.
Among Union Territories, Delhi was topped the list.
Nirmala Sitharaman, the Finance Minister of India, Minister of State for Commerce and Industry Piyush Goyal and the Civil Aviation Minister Hardeep Singh Puri were present at the event.
Mr. Goayal said, “This ranking is based on implementation of business reform action plan.” He further said, “Government 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.”
Piyush Goyal highlighted the Atma Nirbhar India motive of Prime Minister Narendra Modi and praised states which are following the same amid the Novel Coronavirus outbreak.
Mr. Goyal said,“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 further added,
The Minister further said, “India’s steadfast commitment to reforms is evident from the steady climb from 142nd rank in 2014 to 63rd rank in 2019 in World Bank’s Ease of Doing Business Ranking.”
The results of 2019 were scheduled to be announced in March, but had to be delayed due to the Novel Coronavirus crisis.
Stay tuned for further updates.
