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Blog Entry# 1926788  
Posted: Jul 11 2016 (23:31)

6 Responses
Last Response: Jul 12 2016 (09:44)
  
Rail News
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Jul 11 2016 (23:29)   Gujarat, Delhi are India's most investment-friendly states, Bihar and Jharkhand the worst
 

DhnEcr~   36 news posts
Entry# 1926788   News Entry# 273459         Tags   Past Edits
Gujarat and Delhi are India’s most investment-friendly states, while Bihar and Jharkhand are the worst. Andhra Pradesh and Tamil Nadu are the most corrupt states for doing business. West Bengal is the most difficult for land acquisition, environmental clearances and approvals.
These are the findings of a recent report, The NCAER State Investment Potential Index, released by the National Council for Applied Economic Research, which evolved an index to grade states on five main issues: labour, infrastructure, economic climate, political stability and governance, and perceptions of a good business climate.
The report contains
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two types of rankings: N-SIPI 21, an index that ranks 21 states on the issues above, including through industry surveys; and N-SIPI 30, which includes all states – including 9 not covered by industry surveys – and are based on four of the five aforementioned issues (excluding perception of a good business climate).
The data reveals that Gujarat tops the N-SIPI 21 index, followed by Delhi and Tamil Nadu, whereas the N-SIPI 30 index is topped by Delhi, Gujarat and Tamil Nadu respectively.
Bihar and Jharkhand fall in the bottom five states in both rankings.
In May 2016, the Department of Industrial Policy and Promotion listed how Delhi’s ruling Aam Aadmi Party was making it easier to do business, adding that the Centre was working with Delhi and Maharashtra to propel India into the Top 50 in global ease-of-doing-business rankings.
Source: State Investment Potential Index, National Council for Applied Economic Research
Source: State Investment Potential Index, National Council for Applied Economic Research
Source: State Investment Potential Index, National Council for Applied Economic Research
Source: State Investment Potential Index, National Council for Applied Economic Research
Corruption a big concern
As many as 79% of industry respondents said corruption was a major issue, followed by approvals before starting business (72.1%) and getting environmental clearances (66.7%).
Earlier this year, India was ranked 76 out of 168 countries in the Corruption Perception Index 2015 by Transparency International, a corruption watchdog.
In a recent editorial on crony capitalism, however, The Economist said: “Encouragingly, India seems to be cleaning up its act. In 2008 crony wealth reached 18% of GDP, putting it on a par with Russia. Today it stands at 3%, a level similar to Australia. The pin-ups of Indian capitalism are no longer the pampered scions of its business dynasties, but the hungry founders of Flipkart, an e-commerce firm.”
Source: National Council for Applied Economic Research
Source: National Council for Applied Economic Research
How other states fare
Up to 82% of respondents reported that they had problem in acquiring land in West Bengal, whereas only 5% reported having any problem in Uttarakhand.
Source: State Investment Potential Index, National Council for Applied Economic Research
Source: State Investment Potential Index, National Council for Applied Economic Research
More than half of respondents (54.3%) reported that environmental clearances were a “severe” problem in West Bengal; 11.4% said it was not a problem.
It was easiest to get such clearances in Himachal Pradesh, with no more than 2.5% of respondents reporting it as a “severe” problem, while 87.5% said it was not a problem at all.
Source: State Investment Potential Index, National Council for Applied Economic Research
Source: State Investment Potential Index, National Council for Applied Economic Research
In terms of getting approvals for business, West Bengal was again the worst, with 68.6% reporting a “severe” problem; 5.7% said it was not a problem. Himachal Pradesh performed the best with no respondent (0%) reporting approval problems.
Source: State Investment Potential Index, National Council for Applied Economic Research
Source: State Investment Potential Index, National Council for Applied Economic Research
In Andhra Pradesh, 74.3% of respondents reported corruption as a “severe” problem; no one in Himachal Pradesh reported corruption as a “severe” issue.
Source: State Investment Potential Index, National Council for Applied Economic Research
Source: State Investment Potential Index, National Council for Applied Economic Research
This article first appeared on IndiaSpend, a data-driven and public-interest journalism non-profit.

1 posts - Mon Jul 11, 2016

  
6586 views
Jul 12 2016 (00:23)
For Better Managed Indian Railways~   1933 blog posts
Re# 1926788-2            Tags   Past Edits
People are migrating enmass from the worst/worse to the best/better in proportion to the investor friendliness differential. Migration is not a bad phenomena, in fact is very much desirable as it promote national integration, which is very much required for a country with enormous diversity like India.
Migration is much common in USA where people readily switch jobs and readily migrate from one state to other. Since our states are formed on the basis of linguistic considerations, migration from one state to other is a much bigger deal in India as compared to USA.
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Migration brings in an interesting interface of different cultures & customs and imparts us a great education about other states & theirpeople, increases acceptability amongst people of various states and in process strengthen national integration.

  
6549 views
Jul 12 2016 (00:38)
DhnEcr~   5164 blog posts
Re# 1926788-3            Tags   Past Edits
Agree to it that it is good but scale has to kept in mind. Too much of anything is undesirable. Plus it results in congestion/overcrowding too.

  
6272 views
Jul 12 2016 (08:54)
For Better Managed Indian Railways~   1933 blog posts
Re# 1926788-4            Tags   Past Edits
It they are migrating because they are getting better opportunities at new place then it is good even if the scale is high as it indicates better future for migrants &development for nation . But if there is a single migration for undesirable reasons like no job opportunity, getting fed up with local (mis)governance/ administration then it may be good for the migrant but definitely bad for the nation.

  
6274 views
Jul 12 2016 (08:57)
For Better Managed Indian Railways~   1933 blog posts
Re# 1926788-5            Tags   Past Edits
.

  
6232 views
Jul 12 2016 (09:44)
Realrider   667 blog posts
Re# 1926788-6            Tags   Past Edits
So AP is most corrupted state ?? Well done Himachal
In Andhra Pradesh, 74.3% of respondents reported corruption as a “severe” problem; no one in Himachal Pradesh reported corruption as a “severe” issue
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