Telangana and Andhra Pradesh (AP), the two political rivals have joined together to offer a red-carpet for industrialization. The “Implementation scorecard”- a matrix of 10 board reforms areas and 58 regulatory processes and policies has showcased identical result of 98.78% by N Chandrababu Naidu from Andhra Pradesh and K Chandrasekhar Rao from Telangana. These two states have now opened the door for offering transparent systems, easier land purchasing rules, red tape-free hotspots, business friendly bureaucracy and quick decision making.
The newest state of India- Telangana has been crafted after the much long awaited need for separate state. This has now turned to be a good competitor for the neighborhood Bangalore. The hit is going to directly impact the software, pharmaceuticals and semi-conductors businesses of Bangalore as Telangana is offering high quality infrastructure and responsive administration. These features are attracting the IT and non-IT companies who have their footprints in Bangalore, Karnataka.
Amaravati, a new capital city is being carved by Andhra Pradesh to offer modern metropolis with a state of smart infrastructure. Another fast growing city of Andhra Pradesh in Tirupathi, it is growing to be an emerging mobile manufacturing capital in India. Phone makers or companies such as Karbonn Mobile India Pvt.Ltd, Miicromax Informatics Ltd, Xiaomi and Celkon Impex Pvt. Ltd has found space to set up their plants in this town of temple. This is also considered as the fastest growing smart-phones market in the world, thus handset makers are not hesitant to invest now into this city with the future expectation of tapping multi-billion dollars.
These two states together have opened a challenged at Gujarat, Narendra Modi’s home state. Gujarat has moved to the third ranking with score of 98.21 percent. Also if you had to compare the scores of other states in South India- Karnataka has 88.39 percent with Rank 13, Tamil Nadu has 62.80 percent with rank 18, Kerala has 26.97 with rank 20 and Goa has 18.15 percent with rank 21. And the reports of Maharashtra results have shook up the officials of the state, this was considered as the most industrialized state until the recent report, however now the score is just 92.86 percent with 10th rank.
Details of ranking of some of the other states in India are Chattisgrah is ranked 4th while Madhya Pradesh is 5th ranked. Followed by Haryana on the 6th place, Jharkhand 7th rank, Rajasthan 87th rank and Uttarakhand 9th rank. These ranking are prepared by the World Bank and DIPP – Department of Industrial Policy and Promotion jointly. This ranking serves as an evaluation score card for the states for its overall or holistic performance and services offered. States are evaluated on the basis of 340 point Business Reform Action Plan and the analysis is done during July 2015 to June 2016.
Due to these analysis and reforms a healthy competition is seen among states and all are striving to meet the target set by Prime Minister to reach the ranking of 50 or below as early as possible. This target paved way for Telangana and AP to over shoot the Prime Minister’s home state Gujarat and both states are jointly striving to remain at the top ranks. This style of continuous effort from the states is generally going to give an uptick in the overall performance of the country. While all states are concentrating on their individual performance and betterment, the country in a whole is moving towards the good.
Niramala Sitharaman addresses in a press conference that this style of growth in the country has an optimistic long term view and it’s definitely going to make a difference. Implementation average of the nation is at 48.93 percent which means there is lot more room for improvements with similar interesting and result-oriented reforms. Last year’s national average was just 32 percent which speaks that there has been significance betterment in the country for the good.
However on the overall World Bank’s Annual Ease of Doing Business Report has ranked India on the 130th position which is just 1 rank better than last year’s rank of 131. As per the reports about 17 states implemented over 50% of reforms in the year 2016 as compared to just 7 states last year. But there are also talks that if World Bank’s Annual Ease of Doing Business Report had considered Goods and Service Tax (GST) and Bankruptcy Code, then the country’s ranking would have jumped several notches.