Meghalaya leads Northeastern, hilly states in NITI Aayog's regulatory ease rankings

Shillong, July 19 -- Meghalaya achieved the top spot among all the Northeastern and hilly regions in the regulatory ease category of NITI Aayog's first-ever Investment Friendliness Index (IFI).

According to the report released by NITI Aayog, Meghalaya secured a score of 8.5 out of 10 under the Regulatory Ease pillar.

Nagaland and Tripura followed with 8.2 each, while Himachal Pradesh secured 7.9. Assam and Uttarakhand shared the next position with 7.7 points.

The Regulatory Ease pillar measures how state-level regulations influence investment decisions by assessing compliance requirements, transparency, predictability and investors' perception of the regulatory environment.

It evaluates factors such as the time taken to start a business...