NITI Aayog’s investment friendliness index to rank states on four key pillars
Set for a launch in the ongoing April-June quarter, the index is meant to further the Centre’s deregulation push by helping states identify and address regulatory hurdles that deter private investment. Apart from assessing the primary scope of opportunity and risk from investing in a state, the Investment Friendliness Index will also gauge a state government’s policy and incentives, infrastructure, business climate and innovation, and resources available, the two people said, requesting anonymity. NITI Aayog has mostly concluded consultations with key industry bodies, state governments, and policy experts to finalise...