Gujarat was ranked on the top on Monday among states, on the ease of doing business index prepared by the World Bank, while Andhra Pradesh and Jharkhand were placed at the second and third positions, respectively.
Odisha features in top ten list of states providing a better climate for businesses in the country.
Others in the top 10 include Chhattisgarh, Madhya Pradesh, Rajasthan, Maharashtra, Karnataka and Uttar Pradesh. The ranking of the states, prepared by the World Bank at the behest of the government, was based on eight specified parameters which include setting up business, allotment of land, labour reforms and procedure for environmental clearance. The parameters also include infrastructure, procedure for registration for tax purposes and inspections for compliance of various norms.
At the bottom of the ladder in the index were Mizoram, Jammu and Kashmir, Meghalaya, Nagaland and Arunachal Pradesh.
Among the major states, West Bengal occupied 11th slot, Tamil Nadu 12th, Haryana 14th, Delhi 15th, Punjab 16th, Himachal Pradesh 17th, Kerala 18th, Goa 19th, Bihar 21st and Assam 22nd.
Source: The Times of India