Edinburgh to Ernakulum: Strategies for wooing investors
The HinduThrough “Global Investor Meets”, State governments compete with each other every year to show-case themselves before the investor community and the elite, thereby giving the indication that employment promotion through new investments stands out as their policy plank. International experience While today State governments organise ‘Investor Meets’ on a regular basis, and make competitive claims on their positive outcomes, an enquiry into global practices would be educative and useful. This is the rationale for national level ranking of States, originally done under the ‘Ease of Doing Business’ ranking, and subsequently under the new regime of the Business Reforms Action Plan. Available literature shows that, in the race to become topper at the national level ranking, various State governments follow their beaten-track strategies, neatly repacked.
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