AP state top ranked in implementing business reforms

Vastavam web: The Centre Saturday conferred Andra Pradesh as the best performing state in terms of implementing business reforms. Finance Minister Nirmala Sitharaman released the ranking of states on the basis of implementing the ‘State business reforms action plan’ Saturday. As per the latest ranking, Uttar Pradesh stood second and Telangana was the third-best state in implementing business reforms in 2019. The biggest change in the fourth edition of ranking is the way in which implementation of all reforms were measured on the ground by taking feedback from actual users.

This meant that such feedback became an important cornerstone to evaluate the performance of a state on all 181 reform parameters. Some of the reform areas where states performance was measured included, Get ting Credit, Paying Taxes, Resolving Insolvency, Construction Permits, Regis tering Property, Enforcing Contract, Starting a Business and Trading Across B orders. After releasing the report Finance Minister said that Centre is trying to build a competitive spirit among states through this initiative. She pointed out that India has a credible background in implementing reforms which is one of the key reasons for FDI inflow even during the strictest period of the lockdown.