Regulatory environment
Infrastructure availability
Labor laws
All of the above
Answer is Right!
Answer is Wrong!
The correct answer is: d) All of the above.
The Ease of Doing Business ranking evaluates states in India including Manipur, on parameters like:
- Regulatory environment: This includes the number of procedures required to start a business, the time taken to complete these procedures, and the cost of doing business.
- Infrastructure availability: This includes the availability of electricity, water, roads, and telecommunications.
- Labor laws: This includes the ease of hiring and firing workers, the cost of labor, and the regulations governing labor unions.
The Ease of Doing Business ranking is important because it can help businesses to decide where to invest. A high ranking indicates that a state is business-friendly and has a good infrastructure. This can attract businesses and create jobs.
The Ease of Doing Business ranking is also important for the government. A high ranking indicates that the government is doing a good job of creating a business-friendly environment. This can help to improve the economy and attract foreign investment.