Delhi

Delhi runs ahead Gujarat in top investment potential index list

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Despite all the hurdles including the non-cooperative attitude of Centre towards Aam Aadmi Party, Delhi is turning out to be a role model in terms of Health, Education, Bijli, Paani, Business, Investment in mere 3 Years. Leaving Gujarat behind Delhi secures the top position in a list of 21 states and union territories with the most investment potential, according to a report by economic think-tank National Council of Applied Economic Research. Delhi is fast emerging as a preferred choice of business for MNCs and Indian clients. In fact, Delhi Govt can offer SGST subsidy for first 3 yrs to businesses.

The list is followed by the other states like Tamil Nadu, Haryana, Maharashtra, Kerala, Andhra Pradesh, Telangana, Karnataka and West Bengal. The ranking of 20 states and one Union Territory of Delhi was based on six pillars land, labour, infrastructure, economic climate, governance and political stability and business perceptions.

“Compared to 2017, Delhi jumps one spot to lead N-SIPI 2018, Gujarat ranks at the third position,” NCAER said in a statement. NCAER launched the N-SIPI (State Investment Potential Index) series in March 2016. Gujarat had topped both the previous editions of the ranking.

The list is followed by the other states like Tamil Nadu, Haryana, Maharashtra, Kerala, Andhra Pradesh, Telangana, Karnataka and West Bengal. The ranking of 20 states and one Union Territory of Delhi was based on six pillars land, labour, infrastructure, economic climate, governance and political stability and business perceptions.

Among the least favourable states at the investment potential index are Assam, Jharkhand and Bihar. The issue of corruption is becoming a barrier to the business growth of these states.

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