Saturday, 5 March 2016

Top 10 States For Setting Up Business In India

India is ranked 130th In ease of doing business but do you know the top 10 states where to setup your startup.
Here are the top 10 States in
'Ease of Doing Business':

1. Gujarat: Gujarat emerged as
number 1 state in ease of doing
business with 71.14% according
to World Bank reports.
The state introduced an Investor
Support System to facilitate in
ascertaining suitable locations
for setting up an industry. The
Investor Facilitation Portal
provides details and timelines
for various services across
government departments.
To enhance labour reforms, the
state approved an online web
application to register.
Integrated inspection procedures
were also enabled for inspection
and timely submission of
reports.
In terms of tax reforms, an
online system is enabled by the
state government for VAT, CST
and professional tax related
services. Along with this, an
end-to-end online system has
been implemented for consents
and authorizations with fee
calculation functions.

2. Andhra Pradesh: Andhra
Pradesh is placed second with
70.12% in ease of doing
business.
A single Desk Policy 2015-20 has
been formulated to create a
facilitative ecosystem which
provides all clearances and
approvals within 21 working
days to set up an industry,
according to DIPP reports.
The state offers an online single
window portal with clearly
defined timelines for application
filing, tracking and approvals.
Online system has been
implemented for registrations
and renewals of various laws.
In terms of land a web system
has been enabled to identify
industrial land, connectivity and
infrastructure. An online system
for tax returns fling has also
been enabled.

3. Jharkhand: In ease of doing
business, Jharkhand has been
placed 3rd with 63.09% where
the state has put up an online
portal which allows online
registration, licencing and
renewal under various Labour
Acts.
Placed first in labour reforms
with 100%, the state has online
portals for e-registration and e-
stamping of property.
Tax returns have also been
computerised which allows e-
registration of VAT and CST,
professional tax and
entertainment tax.
The state has also developed an
online management system for
key statutory clearances related
to the State Pollution Control
Board.

4. Chhattisgarh: With 62.45%
Chhattisgarh has been placed
4th in ease of doing business.
The State has enacted The
Chhattisgarh Lok Sewa
Guarantee Act 2011 and
Chhattisgarh Audyogik Nivesh
Protsahan Adhiniyam, 2002
which covers all departments,
and mandates time bound
delivery of services.
In terms of tax reforms, the
state government has
implemented an online payment
system with same day
registration for VAT. Another
online system has been
introduced to allocate inspectors
to check various labour laws
where the inspections will be
carried out once every 5 years
with prior notice.
Building plans and environment
related consents will also be
assessed through online
mechanism.
In terms of enforcing contracts,
the state has filled up more
than 80% of vacancies for judges
in district courts, according to
DIPP reports.

5. Madhya Pradesh: Madhya
Pradesh is placed 5th with 62%.
The state introduced an online
application where status of
construction permits are tracked
and drawings are scrutinised.
The portal allows people to
upload remarks, reports,
photographs through mobile.
This even enables calculation of
fees and online payments.
Over 540 industries have been
identified to receive streamlined
PCB clearance procedures along
with online system that allows
fee calculation, online payment
and downloading digitally signed
certificates in terms of
environment reforms, according
to the DIPP reports.
In terms of infrastructure only 2
documents are required for
electricity connections. Pollution
control certificates are not
required.

6. Rajasthan: With 61.04%,
Rajasthan has been placed 6th
in ease of doing business.
The Government of Rajasthan
has introduced a Single Window
Clearance system which aims to
act as a single point of contact
for all application and
clearances. An online portal is
provided to track application
forms & clearances.
According to the DIPP reports,
the portal also tries to provide
information to investors on
relevant rules, acts, policies,
licencing rules and any other
document required for engaging
in business.

7. Odisha: Odisha stands at 7th
position with 52.12%. The
Government of Odisha provides
e-registration of VAT, CST,
Professional and Entry tax. In
terms of labour laws the
government allows self-
certification.
Under The Odisha Right to
Public Services Act, 2002, the
government provides clear
timelines to get various
clearances that is required for
an industry or business.
An online portal is enabled to
manage approval and
authorisation of environmental
reforms.

8. Maharashtra: With 49.43%,
Maharashtra stands at 8th
position.
Maharashtra government has
implemented online systems for
tax related processes and a
single window is commissioned
to address queries.
Maharashtra Industry, trade and
investment facilitation cell
(MAITRI) is expected to provide
guidance to investors through
hand-holding support, an online
portal and management of
various departments and
agencies, according to the DIPP
reports.
The government has also
digitised all land banks in the
state and procedures and
timelines have been published
for land allotment.

9. Karnataka: Karnataka stands
at 9th position with 48.50%.
To tackle tax reforms, the
Karnataka government has
introduced an online platform
for registration, filing and
payment of taxes. The
government also provides with
669 services of more than 50
departments and institutions.
The state also has constituted a
single window clearance
mechanism as per Karnataka
Industries (Facilitation) Act,
2002 for approvals of investment
proposals in the State.

10. Uttar Pradesh: The tenth
state in ease of doing business is
Uttar Pradesh with 47.37%. The
state provides one-stop solution
to enclose all the services
offered by the department.
In terms of starting a business,
the state government has
implemented an online system
for filing EM1 and EM2. To ease
infrastructure reforms, the
government has reduced the
required documents for
electricity connections to 2.
Online portals have been
implemented to apply for filing
and payments under
environment reforms and to pay
taxes.

No comments:

Post a Comment