Investors laud AP for ease of doing business

The Central Government’s decision to rank Andhra Pradesh as the top most state in the country in ease of doing business is being praised by the business and industry biggies in the country. These ranks are given by the Central Government for the past four years.

This year’s rankings are given on the basis of the opinions expressed by the business and industry stakeholders and not just on the basis of the reports on specific parameters. Thus, these rankings are based on performance and perception. The stakeholders include investers, auditors, lawyers, architects and others. The Survey was conducted in the month of March.

The most impressive facility that the AP Government is providing to the investors are getting in AP is that they are allotted land in just ten days. Also, key facilities like provision of water and power are expedited. The Ease of Doing Business rankings help in getting new investments to the state. This is an indication of the faith and trust of the investors, say the capitalists.