Assam betters rank in ease of doing business

Assam Economy

Assam has improved its ranking in “ease of doing business” from 24th to 17th.
The department of industrial policy and promotion (DIPP), ministry of commerce and industries, released the final rankings of states in “ease of doing business” in New Delhi.
In the 2015 rankings, Assam was 15th.
Assam has been clubbed in the “fast movers category” in the rankings released on Tuesday. It shares the category with Himachal Pradesh and Bihar.
It ranks after Himachal Pradesh and is followed by Bihar.
The state passed the Ease of Doing Business Bill, 2016, providing speedy processing of applications and issue of clearances to set up industries and service sector undertakings in the state.
State government officials said lot of steps had been taken which helped secure the improved ranking.
It has designed and implemented a system that allows online application submission, payment, tracking and monitoring without the need for a physical touch point for document submission and verification and mandated that all applications are submitted online.
This apart, it has developed an online system for payment of tax, duty, fee or any other levy as imposed by the #state and local bodies.
There is a specialised division/bench under the high court to hear commercial disputes.
Among the other states of the Northeast, Tripura is 25th, Nagaland 28th, Mizoram 30th and Manipur 32nd in rankings in the ease of doing business. Arunachal Pradesh and Meghalaya share the 34th position.