Maharashtra Tops in Ease of Doing Business

IAS Prelims 2023

According to Asian Competitiveness Institute (ACI) Research Centre of the School (Singapore), Maharashtra ranked highest in Indian states Ease of Doing Business (EDB).

Maharasthra topped the list followed by Gujarat and Delhi.

Goa, Andhra Pradesh, Tamil Nadu, Karnataka, Madhya Pradesh, Himachal Pradesh, Telangana rank in the remaining top ten respectively.

Uttar Pradesh has been ranked last among Indian states for ease of doing business index.

The index takes into account three major components: attractiveness to investors, business friendliness and competitive policies of the selected states.

While Andhra Pradesh has been ranked fifth, Telangana managed to be in the top ten.

As of 2015, India has the world’s third-largest GDP in purchasing power parity term recorded at $7.98 trillion. Even in terms of nominal GDP India enjoys the seventh largest nominal GDP in the world registered at $2.07 trillion.