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The Orange Economy A Put Where Development Drives Wealth

  In a time when mechanization and machine learning are changing conventional businesses, a flourishing portion of the worldwide economy is illustrating that human resourcefulness is still a important asset. The "Orange Economy"—also known as the imaginative economy or social industries—has played a major part in protecting culture, making occupations, and developing the economy. But what is this energetic thought, and why is it picking up conspicuousness in discussions almost worldwide development?   What is the Orange Economy?   The express "Orange Economy" was at first utilized by previous Colombian President Iván Duque Márquez and previous Culture Serve Felipe Buitrago. Concurring to the Inter-American Improvement Bank, it is "the organize of interconnected forms through which thoughts are turned into social merchandise and administrations whose esteem is decided by mental property."   Orange was particularly picked since it has been related with devel...
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Ease of Doing Business India's List, Andhra maintains top ranking, UP in second place

Ease of Doing Business India's List, Andhra maintains top ranking, UP in second place

 

The Ministry of Commerce and Industry on Saturday released the Ease of Doing Business rankings of states and union territories. Andhra Pradesh retained its first position in this ranking. Uttar Pradesh jumped 10 places to second and Telangana came third. Telangana was in second place last time but this time Uttar Pradesh overtook it. Finance Minister Nirmala Sitharaman and Finance and Industries Minister Piyush Goyal released this ranking.

 

Haryana, which was at number three last time, slipped to 16th position this time. Madhya Pradesh is fourth, Jharkhand fifth, Chhattisgarh sixth, Himachal Pradesh seventh, Rajasthan eighth, West Bengal ninth and Gujarat tenth in this list. Delhi is ranked 12th in this. Talking of region-wise rankings, Uttar Pradesh in the north region, Madhya Pradesh in the western region, Jharkhand in the eastern region, Andhra in the southern region, Delhi in the union territories and Assam in the northeast were the first.

 

Here are the top 10 states ranking 2019

 

Serial No.

Rank 2019

State/ Union Territory

1

1

Andhra Pradesh

2

2

Uttar Pradesh

3

3

Telangana

4

4

Madhya Pradesh

5

5

Jharkhand

6

6

Chhattisgarh

7

7

Himachal Pradesh

8

8

Rajasthan

9

9

West Bengal

10

10

Gujarat

 

 

A ranking of states was released today for the Business Reform Action Plan 2018-19. The ranking is based on the implementation of the Business Reform Action Plan launched in 2015. Earlier the rankings of the states were released in 2015, 2016 and 2017-18. Business Reform Action Plan 2018-19 includes 181 Reform Points covering 45 Business Regulatory, Access to Information, Single Window System, Labor, Environment etc.

 

The objective of this entire process is to increase competition between states and improve the business environment to attract domestic and global investors. The states are given rankings based on several parameters such as construction permits, labour regulation, environmental registration, access to information, availability of land and a single window system.

 

The Department of Industry and Internal Trade Promotion (DPIIT) completes this process for all states and union territories under the Business Improvement Action Plan. The previous ranking was released in July 2018. At that time Andhra Pradesh stood first. It was followed by Telangana and Haryana respectively.


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