Andhra Pradesh: Top Spot in Ease of Doing Business

     Written by : SMTV24x7 | Tue, Jul 10, 2018, 06:11 PM

Andhra Pradesh: Top Spot in Ease of Doing Business

New Delhi, July 10: The state of Andhra Pradesh has been ranked number one in the Ease of Doing Business (EoDB) implementation percentage. Telangana is placed in the 2nd position according to the updated statistics on Monday.

DIMP Secretary Ramesh Abhishek has announced the rankings in Delhi today. Haryana, Jharkhand, Gujarat, Chattisgarh, Madhya Pradesh and Karnataka are followed by the successor states.



Andhra Pradesh and Telangana earlier ranked with same points and grabs the first position in 2016.

When the State of Telangana was created in June 2014, it was thought to have no economic future. An exodus of capital was predicted in its wake, and indeed Hyderabad did initially go through a real estate slump amidst fears that businesspersons of coastal Andhra Pradesh origin, in particular, would pack their bags.

It goes to the credit of the K Chandrashekhara Rao government that nothing of the sort has happened. Dispelling initial fears raised by its household survey — conducted soon after it assumed power in 2014 — that the government would ask 'outsiders' to leave, the KCR government went out of its way to ensure that there would be no capital flight.

Today, both Telangana and Andhra Pradesh are vying with each other to get investment proposals; this despite the fact that the latter is distinctly better off in terms of per capita income, and agriculture and industrial activity.