India’s most business-friendly states: Haryana is #1. Can you guess which are the rest?

Posted By: Rise Team|Dated: April 5, 2014

A study sponsored by the Planning commission of India identified Haryana and India’s most business-friendly state, followed by Gujarat, Madhya Pradesh and Orissa. In the Northeast, Nagaland leads the way.  Including Andhra Pradesh, Bihar, Kerala, Rajasthan and Tamil Nadu- a total of 10 states have become the breeding grounds of entrepreneurship in India. It is simply a matter of time before India makes its mark on the innovation map of the world.

A Shift in Innovation

Innovation has no boundaries; this fact is evident in the growing number of innovations stemming from India. Every state in the country has evolved in its own way in the past. There was a time when Indians went abroad with an idea, a model in mind and gave it wings with the help of an external eco-system that could be found in a few countries. Now, more and more Indians are creating innovations out of India. (If you are interested in promoting world-class innovation from India, check out the Rise Prize).

Since each innovation from India is the solution to a problem – national or global, environmental or technological, we are on our way to achieving holistic growth. The day isn’t far when innovations in India will not only be the best here, but best in the world.

Let’s Rise to the future of innovative India.

Source: The Indian Express

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  • Maj Jeyaseelan

    The real problem is that no one can be sure that the states, which are business friendly now will stay the same way irrespective of future changes in political leadership.

    The same holds good for all business policies of governments. There is no surety that any business friendly policy will not be overturned by the same or the next ruling party.

    In fact, BJP manifesto today called for a reversal of FDI policy for multi brand retail.

    What businesses need is not friendly policies but stable and predictable policies. Businesses can then operate by factoring in even the adverse effects of unfriendly policies.

    What is therefore urgently needed is a clear de-linking of development policies from whimsical political interferences. Every change must phased in or out properly.

    I would go even one step further and suggest that it is time for the country to write down a ‘Development Constitution’ to which amendments can be made only by two thirds majority. There must also be an empowered quasi judicial Development Commission, which will monitor the adherence of both central and state governments to such a constitution. This commission will also be empowered to deal with all economic disputes within stipulated time limits.

    No economic or business dispute should be allowed to stay unresolved beyond six months.

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