Corruption still the biggest obstacle for entrepreneurs in India

NEW DELHI: India climbed 30 places to make it to the top 100 for ‘ease of doing business’ in the World Bank’s 2018 report. While the government has been gung-ho over this achievement, ground realities tell a different story. According to NCAER State Investment Potential Index 2017, entrepreneurs say corruption is still the biggest hurdle in doing business, followed by getting approvals.They did, however, say that it’s now easier to get electricity, water and internet connectivity.

THE SEVERITY
Only 43.5 per cent of entrepreneurs face no problem relating to corruption in their states, while 30.8 per cent consider it to be moderate and the rest say it is very serious.

STATES CONSIDERED MOST CORRUPT
Entrepreneurs faced the most corruption in West Bengal with 52.9 per cent of them list it as a foremost issue, followed by Tamil Nadu and Rajasthan.

STATES CONSIDERED LESS CORRUPT
Gujarat emerges as the most corruption free state in eyes of industrialists, followed by Himachal Pradesh and Andhra Pradesh