Investment Friendliness Index - A take
Recently, NITI Aayog has released an Indicator - Investment Friendliness Index (IFI) 2026 - which is an outcome of 8 broader pillars taken into consideration. While the report has been released for the first time, it is a good initiative to understand the differences between the Indian states in terms of absorbing & perpetuating the economic growth. Any modern economy aspire to grow its GDP to improve the lives of the people. As the economic activities increase, the volume of businesses in the region flourishes. This would accelerate the cycle of both demand & supply. As more people would earn from the profitable businesses, their consumption of various articles like food, cloths, gadgets would increase. As people would earn more, it would attract both inter & intra region migration. There would be increased need of infrastructure like – housing, roads & highways, malls, educational institutions, recreational facilities, hospitals and so on. Why so? Because people would...