Kerala’s Investor-Friendly Model Recognised Again in Ease of Doing Business Rankings: Pinarayi Vijayan

Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan described the state’s continued success in the national Ease of Doing Business rankings as a proud moment, crediting it to efficient governance and the state’s commitment to innovation and reform.

In a post on X on Tuesday night, Pinarayi Vijayan said the recognition reaffirms Kerala’s steady progress in building an investor-friendly environment. “A proud moment as Kerala shines again in the Ease of Doing Business rankings. Once more, the state has been placed in the top ‘Fast Mover’ category in the Business Reforms Action Plan and Reduction of Compliance Burden, reaffirming our steady progress in creating an investor-friendly ecosystem,” he wrote.

With 99.3 per cent reforms implemented, up from 91 per cent last year, Kerala continues to lead through efficient governance, teamwork, and a strong focus on innovation-driven growth, he added in the post.

State Industries Minister P Rajeev, who received the recognition from Union Minister of Commerce and Industry Piyush Goyal in New Delhi, said the achievement reflects Kerala’s strong performance in carrying out reforms across the business sector. He said Kerala has been ranked as a ‘Top Achiever’ in the ‘Fast Movers’ category under the Business Reforms Action Plan (BRAP) 2024.

Rajeev added that the continued recognition confirms that Kerala’s top ranking is not a one-time success but the result of sustained progress in improving the business environment. While neighbouring Andhra Pradesh also featured in the Fast Movers category, Tamil Nadu and Maharashtra were placed in the ‘Aspirers’ list, he noted.

The minister expressed confidence that the latest recognition will further strengthen investor confidence and give fresh momentum to Kerala’s industrial growth.