Results: Cost of Doing Business
The sub index Cost of Doing Business ties with Business Establishment Cost for it have the second highest weight (18 per cent) derived by PCA, which indicates the greater variability in the values within the sub index.
*Higher the score, lesser the cost of doing business
The higher variance across districts, or non uniformity in the performance, of this sub index is an important point for policy makers to take note of. Erode is at number one with a score of 0.71 and an overall governance rank of 4.
Within the sub index, Erode supersedes all other districts in maintaining a transparent flow of transactions for conducting business. Tiruvallur ranks 28 in the sub index and has fared badly in most of the parameters within the sub index.
