CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state has become 6th state in the country to successfully undertaken “Ease of Doing Business” reform?
A
Delhi
B
Gujarat
C
Haryana
D
Rajasthan
Explanation: 

Detailed explanation-1: -Haryana has been included in the top achievers category in the fifth edition of ‘State Ease of Doing Business’ released by the Ministry of Commerce and Industry on June 30, 2022. Apart from Haryana, the top achievers category includes Andhra Pradesh, Gujarat, Karnataka, Punjab, Tamil Nadu and Telangana.

Detailed explanation-2: -On the parameter of ease of doing business, Karnataka is ranked 17th in the country, which means 16 other states are ahead of us.

Detailed explanation-3: -According to the World Bank, India ranked 63rd in 2022 in ease of doing business across the world among 190 countries, improving its rank from 142 in 2014.

Detailed explanation-4: -It has progressed on seven out of the 10 parameters. To further enhance the ease of doing business in the country, the Union Budget 2023-24 highlighted that more than 39, 000 compliances have been reduced and more than 3, 400 legal provisions have been decriminalized.

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