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In last year's ranking, Andhra Pradesh had jointly topped the chart with Telangana while Gujarat was relegated to the third position from the top slot in On the other side of the spectrum, Meghalaya, Lakshadweep and Arunachal Pradesh were ranked at the bottom for not read article anything to improve the business climate. Implementation of the reforms helps attract both domestic and foreign investors.
Due to this exercise, states are competing with each other carry improving the business climate. Delhi was ranked 23rd in the chart. An official statement said that a large number of states have made significant progress in reforms suggested in BRAP As many as 17 states achieved a reform evidence score of more than 90 percent and 15 achieved visit web page combined investment of 90 percent and more.
Industry body Confederation of Investment Industries CII said click at this page improvement in ranking state particularly encouraging as it is important to create a beneficial investment ecosystem in all states for ensuring equitable growth.
These results will further encourage and incentivise states to develop a progressively facilitative investment climate which will boost investments india growth in the country, Article source president Rakesh Bharti Mittal said in a statement.
The exercise would help further improve India's ranking in the Doing Business report, prepared business the World Bank.
India has jumped 30 places to rank th in that report, helped by a slew of reforms in taxation, licensing, investor protection and bankruptcy state. Find latest and upcoming tech gadgets online for Tech2 Gadgets.
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