Corruption reduced but ease of doing biz far from satisfactory in other key areas: Survey
Updated: Oct 21, 2015 02:33:15pm
New Delhi, Oct 21 (KNN) Corruption in the Government has come down significantly at the Central level in the last one year, while on other crucial parameters like regulatory clearances, land acquisition and taxation policies, a lot more needs to be done for making the real change at the ground level, according to a survey.
The Ease of Doing Index (EDI) done by the ASSOCHAM research team showed that there is significant development in terms of the corruption in the government system at centre level as 34.1 per cent of respondents believe there is less corruption. However, at the state level, 46.3 per cent of industry believes that there is more corruption in government system.
The survey also tried to capture the improvement in ease of doing business as compared to the situation that existed one year back. Under this parameter, 51.2 per cent of respondents believe there has been no change in ease of land acquisition as compared to previous year at Centre level and 48.8 per cent of respondents believe that there is no change at state level.
As for environmental regulations, 48.8 per cent of respondents believe there is no change in environmental regulations as compared to previous year at centre level and 53.7 per cent of respondents feel there is no change at state level.
With regard to non-environmental regulations, 58.5 per cent say there is no change as compared to previous year at centre level and 53.7 per cent of respondents believe there is no change at state level, added the survey.
On the quality of infrastructure such as roads, railways, airports and ports, a large 56.1 per cent of respondents see no change at the Central sector and 51.2 per cent see a similar situation at the state sector projects.
The survey noted that the predictability of the tax regime is crucial for investors, as measured by a majority of the respondents who feel that reforms in this area can make a big difference on the ease of doing business.
Another area which has somewhat changed at the Centre level but not too much in the states relates to quality of bureaucracy. But still 39.0 per cent of respondents believe no change has been seen in quality of bureaucracy as compared to the previous year at centre level and 41.5 per cent of respondents believe there is no change at state level, it said. (KNN Bureau)
The Ease of Doing Index (EDI) done by the ASSOCHAM research team showed that there is significant development in terms of the corruption in the government system at centre level as 34.1 per cent of respondents believe there is less corruption. However, at the state level, 46.3 per cent of industry believes that there is more corruption in government system.
The survey also tried to capture the improvement in ease of doing business as compared to the situation that existed one year back. Under this parameter, 51.2 per cent of respondents believe there has been no change in ease of land acquisition as compared to previous year at Centre level and 48.8 per cent of respondents believe that there is no change at state level.
As for environmental regulations, 48.8 per cent of respondents believe there is no change in environmental regulations as compared to previous year at centre level and 53.7 per cent of respondents feel there is no change at state level.
With regard to non-environmental regulations, 58.5 per cent say there is no change as compared to previous year at centre level and 53.7 per cent of respondents believe there is no change at state level, added the survey.
On the quality of infrastructure such as roads, railways, airports and ports, a large 56.1 per cent of respondents see no change at the Central sector and 51.2 per cent see a similar situation at the state sector projects.
The survey noted that the predictability of the tax regime is crucial for investors, as measured by a majority of the respondents who feel that reforms in this area can make a big difference on the ease of doing business.
Another area which has somewhat changed at the Centre level but not too much in the states relates to quality of bureaucracy. But still 39.0 per cent of respondents believe no change has been seen in quality of bureaucracy as compared to the previous year at centre level and 41.5 per cent of respondents believe there is no change at state level, it said. (KNN Bureau)
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