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Highlights of report: Economic Performance and Reforms: A higher level of economic activity and better performance on a range of doing business indicators are strongly correlated.
Improvements over time: Newer and younger firms report a more favorable business environment in that they take less time in obtaining approvals than older firms, suggesting an improvement in the business environment.
Informational gaps: States need to enhance awareness of the steps being undertaken by them to the improve ease of doing business. The survey data show low awareness among enterprises about single window systems, instituted by states.
Labor regulations are a bigger constraint for labor intensive firms. We find that labor intensive sectors, that create proportionately more jobs per unit of capital investment, feel more constrained by labor related regulations. For example, compared to other enterprises, the enterprises in labor intensive sectors:
Barriers to firm growth: The experience of firms with fewer employees is different from that of larger firms. In some cases, large firms face more regulatory barriers than smaller firms.
By: Vishal ProfileResourcesReport error
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