AP tops in ease of doing business rankings

By Nehru.T Sep. 05, 2020, 07:53 pm IST
AP tops in ease of doing business rankings

The steps taken by the AP government headed by the chief minister YS Jagan mohan Reddy to attract more industries and business establishments are yielding good results. The government has prepared a proper industrial policy to attract investments and even bureaucrats also directed to concentrate on the job. As a result, the state achieves 100% compliance of Business Reform Action Plan says Minister of industries M.Gowtham Reddy.

Andhra Pradesh has topped the country in the latest ease of doing business rankings, according to the State Business Reform Action Plan 2020 (State BRAP) ranks released.

Ease of Doing Business (EODB) is a joint initiative by the Department for Promotion of Industries and Internal Trade (DPIIT) and the World Bank to improve the overall business environment in the States.

The State has stood first in the overall ranking of the State business process reforms undertaken during 2019. These rankings represent the ease of doing business in the State with increased transparency, efficiency and effectiveness of the government regulatory functions vis-a-vis the business enterprises.

The ranks were released by the Department of Industrial Promotion and Internal Trade (DPIIT), Government of India through a video conference by Minister for Finance Nirmala Seetharaman. Union Minister of Commerce Piyush Goyal was also present.
Minister for Industries, IT Mekapati Gowtham Reddy said that the ranking encapsulated the effort of the A.P. government in ensuring true business reforms leading to actual ease of doing business with low cost of starting an enterprise and quick single desk approvals.

The EODB initiatives to enable conducive business environment in the State ranged from reforms in development of online systems, enhancing transparency to regulating inspections covering entire life-cycle of business.

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