'Name and shame' has helped improve states' biz rankings: Kant
Davos: Niti Aayog CEO Amitabh Kant today said some states have improved in terms of ease of doing business after they were ranked very low on an index, as he credited the change to "name and shame".
Speaking at a session here at the World Economic Forum (WEF), Kant said he is a great believer in "name and shame" and that seemed to do the trick for poorly ranked states.
Talking about the government's focus on improving ease of doing business across the country, Kant said, "When we started ranking states on ease of doing business, we saw that the states that were ranked lower in first year, they started improving later."
He was speaking on how real time data management can help in the economic growth process.
"We are doing this with real time monitoring of data and now we are going to rank districts. We are doing these rankings on different parameters," Kant said.
He said the data is not designed by government officials but by independent entities like Tata Trusts and Bill and Melinda Gates Foundation.
This real time data is helping capture the reforms undertaken by the concerned state on a continuous basis and results in appropriate change in the rankings.
He explained how real-time data monitoring is proving to be a game-changer in improving outcomes in health, education and financial inclusion for the people of India.
He said the government is using indices to achieve development goals and making states compete with one another.
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K'taka remains central to Aequs' strategy, says min Patil amid row over firm's investment in TN
Bengaluru (PTI): Karnataka Commerce and Industries Minister M B Patil on Monday asserted that Aequs continues to expand in the state and that its proposed investment in neighbouring Tamil Nadu was a business decision aimed at diversification, not a shift away from Karnataka.
Reacting to criticism on social media over reports that the Karnataka-based firm had signed a major investment deal in Tamil Nadu's Krishnagiri district for setting up a specialised aerospace and defense manufacturing cluster, he said the state government was fully aware of the company's plans and remained confident about its long-term commitment to Karnataka.
"While we welcome every major investment in India, would like to clarify a few points," Patil said in a post on 'X'.
Aequs was significantly expanding its footprint within Karnataka, including a Rs 3,000 crore investment in Kolar for electronics manufacturing.
"Its recently approved Rs 1,500 crore ECMS project will also be grounded in the state. Karnataka remains central to its long-term strategy," he said.
Patil added that the government had prior knowledge of the TN proposal.
The government was already informed and aware that the TN investment is a business decision aimed at geographic diversification and de-risking operations, not a shift away from Karnataka.
"Healthy competition between states strengthens India's manufacturing ecosystem," he said.
Emphasising the state's focus on high-technology sectors, Patil said, "We remain committed to deepening Karnataka's leadership in aerospace and advanced manufacturing, and our engagement with industry partners is strong and ongoing."
The Aequs Group has pledged Rs 4,000 crore to bolster Tamil Nadu's aerospace manufacturing capabilities at the SIPCOT-Shoolagiri Industrial Park in Krishnagiri district.
The group proposes to establish a specialised aerospace and defense manufacturing cluster for the production of aircraft engines, gearbox components, and precision engineering parts. This initiative is expected to provide employment to 7,000 individuals.
