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ACI releases Ease of Doing Business Rankings for Indian states

ACI releases Ease of Doing Business Rankings for Indian states

Andhra Pradesh has topped the Ease of Doing Business (EDB) list compiled by a team of researchers of Singapore based Asia competitiveness institute (ACI).

Maharashtra and Delhi were ranked 2nd and 3rd position respectively.

Asia Competitiveness Institute at Lee Kuan Yew School of Public Policy, National University of Singapore was established as a research centre in 2006 with an aim to build intellectual leadership and network for understanding and developing competitiveness in the Asia region.

Further Suggestions for Andhra Pradesh

The report mentioned that despite Andhra Pradesh's excellent performance in ACI's EDB Index, the government needs to bridge numerous institutional and infrastructural gaps in order to sustain its position in the future.

The ACI team highlighted that there was sufficient room for improvement in sub environments such as facilitating business operations, infrastructure resilience and market potential.

Worker density, foreign direct investment per capital, labour productivity, and illiteracy rate were identified as the weakest indicators for the state among others.

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