World Bank ranks Andhra Pradesh second in ease of doing business

• Andhra Pradesh is ranked in the category of ‘Aspiring Leaders’ which means the overall implementation status should be between 50 to 75 per cent.
• One year after the bifurcation of the state, Andhra Pradesh seems to have made an impact through its investor-friendly initiatives.
• Single Desk Mechanism provides for State clearances required for starting an industry across pre establishment and pre operation phases.
• The key initiatives implemented by AP according to he WB report- Single window portal, spot approvals for various registrations, introduce computerized risk assessment inspections, approvals for self certification of factories, implemented online tax filings, advanced query and layer-based web system to identify industrial land.
• Andhra Pradesh made efforts in implementing a Single-Desk Portal for online clearances and for having comprehensive details of land bank available online.
• The report says the state provides clarity on the timelines involved in deciding on applications which enable entrepreneurs to plan effectively in terms of making investment decisions.

Source: TheIndianExpress