Nagaland with a score of 3.41% stands second last among the
states in India
as per the World Bank state-wise report on the ease of doing business.
The report was released by the central government along with
World Bank with the aim to enhance the country's image as a friendly investment
destination.
Among the North East states, Assam has the best score of 14.84%.
Tripura scores 9.29%, Sikkim
7.23%, Mizoram 6.37%, and Meghalaya 4.38%. Arunachal Pradesh fares worse than
Nagaland and comes last among all states with a score of 1.23%.
The report assesses implementation status of 98-point reform
measures across the following eight areas: Setting up a business, Allotment of
land and obtaining construction permit, Complying with environment procedures, Complying
with labour regulations, Obtaining infrastructure related utilities, Registering
and complying with tax procedures, Carrying out inspections and Enforcing
contracts.
According to the report, Nagaland is in the category of
states that need a ‘Jump Start’.
So, there you have it………we obviously don’t look so
attractive as an investment destination.
What are your thoughts on this? Would love to hear them - do
share in the comments.