Telangana To Guide Tripura To Improve Ease of Doing Business Index
The Telangana government will train Tripura government officials to improve its ranking in the Ease of Doing Business (EoDB) index.
"A group of officials from Telangana government's Industries Department would soon arrive here to teach the officials of Tripura Industries and Commerce Department and other industry related department," an official of Tripura Industries and Commerce Department said. She said that after the Telangana government's officials' visit to Tripura, a group of officials likely to go to Telangana for on the spot knowledge on EoDB functioning in the southern state.
Telangana ranked first in the country in EoDB this year. In the recent assessment done by the union Department of Industrial Policy and Promotion, Telangana government scored 98.78 per cent.
The EoDB index is a ranking system established by the World Bank Group. In the EoDB index, 'higher rankings' (a lower numerical value) indicate better, usually simpler, policy and regulations for businesses and stronger protections of property rights besides single window approval mechanism.
Telangana ranked first in the country in EoDB this year. In the recent assessment done by the union Department of Industrial Policy and Promotion, Telangana government scored 98.78 per cent.
The EoDB index is a ranking system established by the World Bank Group. In the EoDB index, ‘higher rankings’ (a lower numerical value) indicate better, usually simpler, policy and regulations for businesses and stronger protections of property rights besides single window approval mechanism.
The Centre in a recent meeting with all states requested Telangana to train Tripura officials in improving the state's rank. "States that got top ranks have been asked by the central government to help states that secured poor ranks this year. Tripura has been allotted to Telangana. Industrial officials of Tripura government would visit Hyderabad," the Tripura official added.
Tripura ranked first in EoDB among the eight northeastern states including Sikkim and secured 22nd position among Indian states and union territories.