SMEpost

MP slips one notch to come 6th in ease of doing business

Madhya Pradesh, which had emerged fifth last year in the department of industrial policy and promotion’s (DIPP) ease of doing business rankings among states, is facing tougher competition this year.

In the real time ranking of the states based on business reform action plan made available on DIPP’s website, the state slipped to sixth position while Rajasthan moved to fourth place from sixth.

The portal is tracking real-time implementation of 340-point reforms action plan to be considered for 2016 rankings.

“This year, the competition is tougher and rankings are separated by fractions of the percentage,” Chief Secretary Anthony DeSa said.

The reform areas include construction permit enablers, environment registration enablers, labour regulation enablers, obtaining electricity connection, online tax return filing, inspection reform enablers, access to information and transparency enablers, single window and availability of land.

The challenge before the state government, which has received 2,630 investment proposals worth Rs 5.62 lakh crore during the recently concluded global investors summit, is to implement the projects.

Chairing a high-level meeting on October 24, Chief Minister Shivraj Singh Chouhan asked officials to assign investment proposals to respective departments and assign relationship managers for all the big projects.

The officials have also been directed to clear any hurdles that come in the way of project implementation within a fixed timeframe.

Besides, the chief minister allayed fear of industrialists about the concessions given by the government after goods and services tax (GST) comes into effect.

The government has stated that the incentives and concessions being given to the investors will continue post GST regime even if a separate fund allocation is required. A committee headed by the additional chief secretary (finance) will look into the entire issue.

DIPP has taken up a series of measures to simplify and rationalise the regulatory processes and introduction of information technology as enabler to make governance more efficient and effective.

 Source: Hindustan Times