SSC Stenographer 2026 PYQ — Question 36

Solution: The correct answer is State Investment Index.

Explanation:
☛ The Department for Promotion of Industry and Internal Trade (DPIIT) introduced the State Investment Index as a significant reform to evaluate and rank Indian states on their investment friendliness.
☛ This framework upgrades the Ease of Doing Business (EoDB) assessment by shifting the focus toward tangible investor facilitation, ground-level implementation, and real-time regulatory relief.
☛ It fosters competitive and cooperative federalism by incentivizing states to digitize clearance procedures, reduce compliance burdens, and attract both domestic and Foreign Direct Investment (FDI).

Extra Exam-Relevant Facts:
☛ DPIIT: Operates under the Ministry of Commerce and Industry and is the nodal agency for initiatives like Make in India, Startup India, and industrial corridor development.
☛ Business Reforms Action Plan (BRAP): Initiated in 2015 by DPIIT to encourage states to implement standardized regulatory reforms for businesses.
☛ State SDG Index: Formulated and published by NITI Aayog to track the holistic socio-economic progress of states toward the United Nations Sustainable Development Goals.
☛ World Bank's EoDB: The historical global Ease of Doing Business ranking was published by the World Bank and has since been replaced by the new B-READY (Business Ready) project.

Important One-Liners for Upcoming Exams:
☛ Which union ministry oversees the DPIIT in India? → Ministry of Commerce and Industry
☛ In which year was the Business Reforms Action Plan (BRAP) initiated in India? → 2015
☛ Which organization releases the SDG India Index? → NITI Aayog
☛ Which international organization launched the 'B-READY' framework to evaluate business climates? → World Bank
☛ In which year was the 'Make in India' initiative launched to boost manufacturing? → 2014