Niti Aayog to rank states on investment

The index will help states identify, address regulatory hurdles that deter private investment

- Rhik Kundu

Government think-tank Niti Aayog's upcoming Investment Friendliness Index to rank states on dimensions of opportunity and risk will likely have four or more sub-indicators for a deeper assessment of performance, said two people aware of the development.

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.