To realize an ambitious double-digit growth, the Government of Andhra Pradesh accords top priority to industrial development that would catapult the state to become a most preferred investment destination for global investors. The state is focussed on providing a conducive business ecosystem by providing a favourable policy and regulatory framework.
While framing the state’s policies, the Government of Andhra Pradesh has studied those of the industrially developed states in the country, and has held wide consultations with industrial associations, corporations, think tanks, research institutes, academia, and civil societies.
Andhra Pradesh is the first state in India to apply algorithms and data-science in public policy.
The Single Desk Policy aims at providing pre-establishment and pre-operations approvals for businesses within 21 days.
The state has a separate policy for the youth with a thrust on improving the skills and employability of the youth.
The state also offers a greater flexibility in labour laws pertaining to the working hours for enhancing the ease of doing business in the state
The forward looking policy on Internet of Things (IoT) focusses on a paradigm change in the technology landscape of the state.
The new housing policy is on the anvil which lays emphasis on affordable housing in the cities and villages of Andhra Pradesh.
Keeping in tune with national interest, the Andhra Pradesh legislative assembly ratified the GST bill on the first day; the state is working closely to ensure the bill’s time-bound implementation.