Against the backdrop of the 2017 Vibrant Gujarat summit, Gujarat chief minister Vijay Rupani takes time out for ‘India Investment Journal’ to trace the state’s journey to be recognised as one of the country’s most investor-friendly destinations.
Gujarat has always been the frontrunner of creating investor friendly ecosystem. It is enthralling to see that there is a stiff competition among the states and they are also aggressively adopting measures to enhance the business environment.
Gujarat has implemented a large number of critically important reforms in the state which has enhanced transparency and improved efficiency of the government. As per the rankings of 2016, Andhra Pradesh and Telangana have overtaken Gujarat by a slight margin. However, this is a sign of healthy competition between Indian states, and we shall surely bounce back next year. Some of the areas where Gujarat is a clear national leader in EODB rankings are: Availability of Land Information, Environmental Registration, Inspections, and Obtaining Electricity Connection. We have a very Information Technology driven approach to facilitating approvals and disseminating information in these domains.
However, as per a joint study of the National Council for Applied Economic Research (NCAER), supported by the British High Commission in India in February 2016, Gujarat was rated as the top performing state in terms of investment potential. The state was rated top performing in some critical investment decision factors such as Power Availability, Number of Airports, Governance & Political Stability, Infrastructure and Land Availability. Login/Sign up to Read more...