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West Bengal tops DIPP's Business Reforms Action Plan 2017

The eastern state's 'implementation scorecard' stood at 86.18 per cent, the same as neighbouring Jharkhand, followed by Gujarat at 82.38 per cent, according to DIPP data.

January 13, 2018 / 07:55 PM IST
Have a long-term outlook | Timing investment is logically impossible because the best entry and exit opportunities are known only in hindsight. No one can predict market movements with certainty. Therefore, it is important to allow your investments to compound over a long term.

Have a long-term outlook | Timing investment is logically impossible because the best entry and exit opportunities are known only in hindsight. No one can predict market movements with certainty. Therefore, it is important to allow your investments to compound over a long term.

West Bengal currently tops the list of the Department of Industrial Policy and Promotion's Business Reforms Action Plan (BRAP) 2017, comprising 36 states and Union Territories.

The eastern state's 'implementation scorecard' stood at 86.18 per cent, the same as neighbouring Jharkhand, followed by Gujarat at 82.38 per cent, according to DIPP data.

The development comes as a shot in the arm for West Bengal, days before it hosts the Bengal Global Business Summit (BGBS).

The rankings, however, are based on implementation only and scores of feedback evaluation "have not" been considered, a communication issued by DIPP said.

In 2017, there were 103 new set of reforms (out of 405) focusing on central inspection system, online land allotment system, online single-window system for granting construction permits, and registration under Inter-State Migrant Workmen (RE&CS) Act, 1979 among others, it said.

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BRAP 2017 also includes two new sectors -- healthcare and hospitality.

In 2016, West Bengal was at 15th position in the BRAP rankings.
PTI
first published: Jan 13, 2018 07:50 pm

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