World
Bank report ranks city 13th among 17 select cities
Starting a business is fastest in Mumbai
and Noida
In Bangalore, 13 procedures have to be completed to register a firm
BANGALORE: Doing business is not so easy in Bangalore and it takes at least 40 days to complete procedures and register a firm.
A World Bank Report on βDoing Business in India -2009β ranked
Bangalore 13th among 17 select cities. Doing business was easier in
Ludhiana, Hyderabad, and Bhubaneswar and these cities respectively
ranked first, second and third.
It was difficult to start the business in Bangalore (13th), Patna (14th), Chennai (15th), Kochi (16th), and Kolkata (17th).
βStarting a business is fastest in Mumbai and Noida, at 30 days, while it takes 41 in Kochi.β
In Bangalore, 13 procedures have to be completed to register a firm
and it takes 40 days while it was 33 days in Hyderabad with 12
procedures.
The number of procedures to formally open a business ranges from 11
to 13, of which eight are national in nature and similar in all cities.
The time required to start a business varied among cities due to
different local practices and different performance levels of the local
branches of national agencies, it said.
In Patna, Kolkata, and Bhubaneswar, entrepreneurs spend less than 40
per cent of income per capita to open a business; for those in
Bangalore (64.7) and Mumbai (70.9), the cost is double because of local
government fees and taxes, the bank said.
The report compared business regulations in the 17 cities, focussing
on local regulations that affect seven stages in the life of a small or
mid-sized domestic enterprise β starting a business, dealing with
construction permits, registering property, paying taxes, trading
across borders, enforcing contracts, and closing a business.
The selected cities are Ludhiana Mumbai, Hyderabad, Indore,
Bhubaneshwar, Noida, Gurgaon, Bangalore, Ahmedabad, Patna, New Delhi,
Chennai, Jaipur, Kochi, Guwahati, Kolkata and Ranchi.
Construction
The process to obtain construction-related permits and clearances
was easiest in Bangalore, Chennai and Hyderabad, where 15 procedures
are required, but more cumbersome in Kolkata and Mumbai, where more
than 30 procedures were needed.
Entrepreneurs pay 15 per cent of income per capita in Bangalore to
register under the Shops and Establishments Act, but pay nothing in
Chennai.
Registration
Cities in India do well on the number of procedures required to
register property β on average, only five procedures are needed, the
report said this performance ranked the average Indian city at 47th out
of 181 economies.
The Jaipur city takes least number of days (24) to register a property.
The number of days required for registration of property in
Bangalore is 28 days, Hyderabad 37, Chennai 48 and Bhubaneshwar 126
days, the report said.
The number of procedures required to register the property in
Bangalore, Ahmedabad, Hyderabad, Indore, Jaipur, Kolkata, Mumbai, New
Delhi, Noida, Patna, and Ranchi is five while Chennai required highest
number (seven), the report said.
βReforms that cut red tape, clarify property rights, and streamline
regulatory compliance, can yield big payoff for firms and workers,β the
study said which was conducted in collaboration with the Union Commerce
Ministry and Confederation of Indian Industry.
Buddhist
Relief Mission has long been interested in the revival of Buddhism in
India, which in recent years has depended greatly on the movement among
the Dalits, the downtrodden castes, which began with the conversion of
Dr. Ambedkar in 1956. One of the main hindrances to the growth of
Buddhism in the land of its birth has been the severe lack of trained
monks. There have been several attempts to establish bhikkhu training
centers and to educate monks abroad, but these programs have not
produced enough monks. A few years ago, a new program was begun. This
program, called 2020, hopes to train as many as 2000 monks in Thailand
by the year 2020. Two groups, totaling about 40 novices have already
Here are
recent photos of the latest batch of novices at Bodhisukha Monastery, Kolkata, before they left for Thailand.
Buddhist
Relief Mission strongly supports this endeavor. We invite all those who
are interested to join our effort. Details are available at:
< http://www.brelief.org/metta-2020/metta-2020.html>
Thank you for your interest and your support.
With metta,
Ken and Visakha Kawasaki
Buddhist Relief Mission
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