RAJ-ADB 2 LAST

first_imgIn terms of availability of power, the state was ranked asIn terms of availability of power, the state was ranked as average to good by 93 per cent of respondents, and 74 per cent ranked quality of power as sufficient for production.Most of the respondents said the state has a good record of labor management, peaceful industrial environment and proactive resolutions of grievances.They also appreciated the Rajasthan government for being the first state to proactively take up labour reforms.In terms of policy incentives and investment process, 80 per cent respondents rated the overall business regime of Rajasthan positively.The survey also said that Rajasthan Investment Promotion Scheme may emerge as one of the most visible industrial schemes.Respondents cited that online systems for tax filing, employee provident fund filing, employee state insurance and other processes have significantly eased business operations.”The measures to address ground implementation issues, coupled with Rajasthans commitment to improving the states Ease of Doing business ranking, will create a powerful and attractive package to new and existing investors,” Kho said.”To support the governments ongoing efforts, we are also discussing with the government additional initiatives to further improve the investment climate in Rajasthan”, she added.The Manila headquartered multi-lateral funding agency aims to reduce poverty in Asia and the Pacific region through inclusive economic growth, environmentally sustainable growth, and regional integration. PTI KPM STSlast_img read more