Concerned over India’s dismal rankings in the World Bank’s ‘Ease of Doing Business Report,’ CII in association with KPMG in India had undertaken a survey-based report on the prevailing business and regulatory environment in the country. This survey-based report is a subset of a larger pan India survey conducted earlier this year with a focus on the northern region. The northern region is one of the largest regions in India, comprising of Jammu & Kashmir, Himachal Pradesh, Punjab, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh and UT Chandigarh.
The objective of this report is to underscore areas of business regulation in the northern region that need attention; highlight effective and efficient initiatives that could be emulated across the northern region; and advocate for adoption of more effective practices.
The survey conducted across respondents from different sectors in the Northern Region has highlighted a number of measures to improve the business climate in the region on four areas – land acquisition, starting a business, taxation and contract enforcement.
The CII-KPMG report was released at the 3rd Edition of ‘Invest North 2014’ organized by CII on 24-25 July 2014 at New Delhi.