Andhra Pradesh and Telangana are among the top three states in the country which are ideal for doing business, according to a Union government programme.
Andhra was found to be the best in India in formulating and executing the state business reforms action plan-2019 (BRAP-2019) under Atmanirbhar Bharat initiative.
The rankings were announced in a virtual event chaired by Union finance minister Nirmala Sitharaman with Union minister of commerce Piyush Goyal and all state industries ministers in attendance on Saturday. The event was organized by the Department of Industrial Promotion and Internal Trade.
The rankings were released based on a survey of the investor community done during January and February 2020.
Uttar Pradesh stood second and Telangana got the third position for business process reforms undertaken in 2019.
Andhra Pradesh minister for industries Mekapati Gautam Reddy said the rankings are given for judging the best states when it comes to ease of doing business with transparency, efficiency and effectiveness of the government regulatory functions vis-a-vis the business enterprises.
Reddy said the Andhra government took measures to encourage entrepreneurs for starting an enterprise with low-cost and quick single desk approvals. He said Andhra was the first to have come up with the “ReSTART” package in post-Covid scenario for business continuity of micro-small-and-medium enterprises (MSMEs).
Among other things, Andhra kicked in reforms for easy setting up of industries; provided exemption for shops and establishments from renewal under AP Shops & Establishments Act, 1988; introduced single integrated returns under all labour laws and amended the Single Desk Policy.