SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gujarat tops on ease of doing business among states: World Bank

15 Sep 2015 Evaluate

Gujarat has ranked on top among others Indian states for bringing in reforms to improve ease of doing business with a score of 71.14 per cent, closely followed by Andhra Pradesh coming second at 70.12% and Jharkhand in the third position, according to the report prepared by World Bank. Sponsored by the Department of Industry Policy and Promotion (DIPP), the “Assessment of State Implementation of Business Reforms” report was prepared by World Bank in association with KPMG, industry chambers CII and FICCI.

The study assessed the states on various key parameters which includes setting up of business, allotment of land, labour reforms and procedure for environmental clearance, infrastructure, procedure for registration for tax purposes and inspections for compliance of various norms. Gujarat has a 100 per cent score for complying with environment procedures while Jharkhand has got 100 per cent for that on labour regulations.

The list of top ten states in India providing a better climate for businesses includes Chhattisgarh, Madhya Pradesh, Rajasthan, Odhisa, Maharashtra, Karnataka and Uttar Pradesh. West Bengal occupied 11th slot, Tamil Nadu 12th, Haryana 14th, Delhi 15th, Punjab 16th, Himachal Pradesh 17th, Kerala 18th, Goa 19th and Bihar at the 21st spot. On the other hand at the bottom of the index were Mizoram, Jammu and Kashmir, Meghalaya, Nagaland and Arunachal Pradesh.

According to the report, only the states with implementation status of 75% and above would attain leaders status, unfortunately, none of the Indian status qualified for the same. While only seven states with the implementation status between 50-75 percent attained “aspiring leader status”, there are nine with implementation status of 25-50 per cent attained “acceleration required”. However, 16 states with 0-25 percent came under the implementation status list, which are in the “jump start needed” status.

At present, India is ranked 142nd among 189 nations in the World Bank's 'Ease of Doing Business 2015'. The government wants India to break into the top 50 at the earliest and expects to make it to the top 100 in the next ranking.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: