Monday , December 5 2016

Telangana and Andhra Pradesh top in ease of doing business list

The two states Telangana and Andhra Pradesh  had scored a 98.78 percent each in the rankings announced by the  Union minister of commerce and industry.

 

Hyderabad: The two Telugu states of Andhra Pradesh and Telangana have created a record of sorts by becoming the joint toppers in the Ease of Doing Business (EoDB) rankings in the country for 2015-16.

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The two states had scored 98.78 percent each in the rankings announced by the Union minister of commerce &  industry Nirmala Sitharaman, on Monday. Gujarat, which ranked as topped the list last year fell to third place. TS improved the significantly by climbing from 13th rank last year to the first rank; AP climbed from the second rank to the first.

The two states were engaged in a bitter fight early this year to secure good rankings. They accused each other of stealing the online data on business reforms &  even lodged complaints with the Centre.

TS Chief Minister K Chandrasekhar Rao said, “The ranking was given based on the 340 parameters and TS fared better on all of them. TS secured maximum score in adopting a transparency in policy making, land availability, single window approval, construction and the environmental clearances etc. Due to this, TS attracted over 2,550 industries within a very short period.”

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