AN EXAM
WITH A DIFFERENCE !
World Bank / KPMG report ( Ease of Doing Business ) for India's States, which got released on 14 Sept 2015 , was an
Exam with a difference
An exam where the exam-paper
was leaked in advance !
In fact , exam paper was set by
the States being examined !
Now , you may wonder why,
* Tamil Nadu ( rank #
12 ) signed MOUs worth investments of
Rs 2.4
lakh*crores at recently concluded Global Investment
Summit -
2015
whereas ,
* Uttar Pradesh ( rank
# 10 ) , could get investment
commitments worth only Rs 33,000 Crores during visit of
Shri
Akhilesh Yadav to Mumbai recently
To unravel that mystery , you
would need to know , how many marks UP and Tamil Nadu got , in each of the 98
questions !
But you would never know , if
the Industrialists who signed those MOUs , had some other secret questions ,
beyond those 98 !
I believe , for the next
round , DIPP is planning to raise the number of questions ( ranking parameters
) to 300 !
For this next exercise , I
have following suggestion :
* Let InvestIndia web
site ( owned by DIPP / FICCI / 28 States ), host an Online Questionnaire Survey
on those 300 parameters
* Each " Ranking
Parameter " to have a 5 point scale of rating
* Each parameter to
carry a pre-assigned " Weightage " , clearly visible against each
parameter
* Online rating to be
carried out by Corporate Members of recognized Industry Associations ( FICCI /
ASSOCHAM / CII etc ) and Member Firms of various Chambers of Commerce
* Online Rating to
remain open for just ONE WEEK , - the first week of each quarter
* As soon as rating
exercise gets over , algorithm-based and automatically computed "
Analytics " ( Eg : Raw Scores / Percentile Scores / Co-efficient of
Correlations / Frequency Distribution Curves / Standard Deviations /
Regressions / Position Improvements etc ) , to become immediately visible to
everyone
* The results should
also be displayed on MakeinIndia web site
I believe this will make this
exercise much more authentic / cheap / fast / unbiased / reliable and certainly
less "controversial " as far as the States getting low ranks are
concerned
Corporate and various
political parties , will certainly have more faith in the " Impartiality "
of such an Online Survey
And above everything else ,
it will motivate the States to keep improving on a continuous basis , thereby
ushering , what Shri Narendra Modi likes to call ,
FEDERAL COMPETITIVENESS
------------------------------------------------------------------
hemen parekh
15 Sept 2015
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