Road Map Towards The Path Of Tamil Nadu Government’s Trillion Dollor Economy – An Assessment Of “Ease Of Doing Business”

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Dr. P. Smitha , Dr. K.C. Mini Mathew , Dr. Joicy Lidwina , Dr . P. Sushama Rajan

Abstract

PURPOSE:


The main purpose of this study is to identify the influence of the Central Government’s initiative on the Tamil Nādu Government’s Ease of Doing Business, to understand the impact of the Tamil Nādu Government’s Business Reform Action Plan on the growth of Business in the state and to suggest measures to overcome the challenges in implementing the Ease of Doing Business


METHODOLOGY:


The study employed empirical research.  The researcher’s had collected data from primary and secondary sources.  Secondary sources were from newspapers, internet searches, journals, books and information from relevant officials.


TOOLS AND TECHNIQUES:


SPSS tool was used to analyse the data collected through Google forms. Demographic profile of the respondents is studied. Percentage analysis, ANOVA, Mean analysis are used for the study


FINDINGS:


Many entrepreneurs registered their business through online process, but still few have done it through offline by getting it done through agency. Many entrepreneurs feel that the registration of business process takes more time. The major hindrance in processing a loan for business are identified as need of compulsory collateral securities, lengthy procedures and long processing time


IMPLICATIONS:


As Ease of doing business is not present much in Tamil Nadu, the state must introduce many reforming measures in registration process, loan process and taxation process in future in order to improve the ease of doing business.

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