Jammu & Kashmir ranks low on business reforms Archives

Jammu and Kashmir has been ranked 29 in the World Bank’s assessment of the state over implementation of business reforms. “It is a fact that the World Bank in its report on assessment of state implementation of business reforms has given a ranking of 29 to Jammu and Kashmir in the country,” said Finance Minister Haseeb Drabu in a written response in the Legislative Council. “However, the World Bank has appreciated the state for steps taken for improving business,” he added. The state government said several factors were responsible for…