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Union Finance Minister Released BRAP 2020

Indian Union Finance Minister Nirmala Sitharaman on 30 June 2022, released the Business Reform Action Plan (BRAP) 2020. In the report, seven states have been identified as the top achievers based on the implementation of the Business Reforms Action Plan. The states are Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Telangana and Tamil Nadu.

The report mentioned that Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Uttarakhand and Uttar Pradesh figure under the Achievers category. While Assam, Chhattisgarh, Goa, Jharkhand, Kerala, Rajasthan and West Bengal have been placed in the Aspirers category.

On the occasion, Ms Sitharaman said, the nature of reforms had undergone change since 1991. She stressed that the government is implementing responsive reforms by nudging the states and Union Territories.

Commerce and Industry Minister Piyush Goyal said that Ease of Doing Business is now being seen across the country in the spirit of competitive and collaborative federalism. He highlighted that the assessment has evolved from evidence-based to hundred per cent feedback in a multilingual format.

Mr. Goyal said that the purpose of the BRAP exercise is to infuse a culture of learning from each other state’s best practices and improve upon the business climate in each State and Union Territories. He said BRAP has a unified objective for India to emerge as a most favoured Investment Destination across the globe.

Ministry of Commerce and Industry has said that Andaman and Nicobar, Bihar, Chandigarh, Daman and Diu, Dadra and Nagar Haveli, Delhi, Jammu and Kashmir, Manipur, Meghalaya, Nagaland, Puducherry and Tripura have been clubbed under the Emerging Business Ecosystems category.