Gujarat easiest place to do business in India: World Bank

• The government along with World Bank has released a state-wise report on the ease of doing business – a report in which Gujarat has topped with a score of 71.14%.
• Andhra Pradesh is the second best state, followed by Jharkhand, Chhattisgarh, Madhya Pradesh and Rajasthan.
• The exercise is aimed at promoting competition among states with a view to improve business climate to attract domestic as well as foreign investments.
• The move would also help in improving India’s overall ranking in the global Doing Business Study, India has been placed at 142nd position among 182 nations.
• At the bottom of the ladder in the index were Mizoram, Jammu and Kashmir, Meghalaya, Nagaland and Arunachal Pradesh.

Source: ET