Business Reforms Action Plan – BRAP Assessment Report
- Recently, on the basis of the implementation of the Business Reforms Action Plan (BRAP) for the year 2020, the assessment report of the States/Union Territories has been released.
- The Department for Promotion of Industry and Internal Trade (DPIIT) has been issuing BRAP since 2014 to conduct reforms in the ease of doing business across the country.
- BRAP 2020 covers 15 business regulatory areas such as access to information, single-window systems, labour, environment, sectoral reforms, etc.
- Economic sector wise reforms have been suggested for the first time in BRAP Of these, 72 reforms have been identified in 9 areas.
BRAP-2020 classifies the states into the following categories:
- Top achievers,
- Achievers,
- Aspiring and Emerging Business Ecosystems.
Earlier only the ranks were awarded to the States/Union Territories. Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Tamil Nadu and Telangana have been declared as the top achievers.
Importance of BRAP
- It fosters a culture of learning from each other’s best practices.
- It creates an investor-friendly environment by promoting business friendly environment in each State/UT.
- Streamlining existing regulations. Also, eliminates unnecessary imperatives and procedures.
- The BRAP is executed on the lines of the annual assessment done by the World Bank for its Doing Business Report (DBR).
- The World Bank had decided to discontinue the Doing Business Report in the year The decision was taken after reviewing the data discrepancies found in the reports for the year 2018 and 2020.
Source – The Hindu
