HomeNewsTrendsCurrent AffairsUttarakhand tops ease of doing business ranking

Uttarakhand tops ease of doing business ranking

The ranking has been made by Department of Industrial Policy and Promotion. These are not final rankings, which will be released in August by the DIPP after thorough analysis and verification of the evidence uploaded by each state.

July 11, 2016 / 10:41 IST

Uttarakhand has topped the ease of doing business ranking in the country, Chief Minister Harish Rawat has said, asserting that it was a result of the steps taken by his government to facilitate investment in the state.

"We stood at the 23rd position in the Ease of Doing Business Rankings only 10 months back but today we have climbed to the top of the list. It proves that the state offers the best atmosphere for investments in the country at present," Rawat told reporters here last evening.

"The day we were ranked 23rd in the ranking, we began our efforts to introduce a single-window system for industries and linking different departments with it to attract investors and in just 10 months we have managed to emerge at the top," he said.

The ranking has been made by Department of Industrial Policy and Promotion. These are not final rankings, which will be released in August by the DIPP after thorough analysis and verification of the evidence uploaded by each state.

Departments like urban development, revenue, labour and law have also been asked to simplify their procedures so that the process of land acquisition is easier for investors and labour problems are also overcome, Rawat said.

Claiming that the state has a "better" human resource at its disposal and adequate availability of electricity, he said, the state government was trying to make the most of the situation to attract new industries.

Uttarakhand climbed to the top of the list beating several industrial states which get the bulk of investments normally including Gujarat which is out of the top ten.

first published: Jul 9, 2016 03:38 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai