Andhra Pradesh Magazine English June 2016 - Page 37

Two Years of Accomplishments (An) interesting fact to emerge from the study is the contrasting performances of two states that were earlier one:Telangana and Andhra Pradesh. Even though the former emerged with the crown jewel of Hyderabad in its kitty, it is Naidu’s rump Andhra Pradesh that is stealing the show. - R Jagannathan, Senior Journalist T he sunrise state of Andhra Pradesh has outshined Telangana in World Bank list of investor-friendly states in the country. In an acknowledgement to Chief Minister N Chandrababu Naidu’s relentless efforts to turn around the economy, AP has been selected the ‘second hot destination for investment in India’, according to the World Bank report on ‘Ease of Doing Business’. The state-wise report released by the World Bank on September 2015 ranked the new State of Andhra Pradesh at second place, after Gujarat, in terms of creating friendly atmosphere for investors. Telangana fared at 13th position in the rankings. According to the report, Gujarat is at the top place with a score of 71.14 per cent, whereas AP secureda close second rank with 70.12 per cent. This shows we're making an impact through our work, the Chief Minister said. The Background In December, 2014, at the “Make In India” workshop, State governments agreed to a 98-point action plan for business reforms to all States and Union Territories. The objective of the action plan was to lay out the first of a series of recommendations targeted at increasing transparency and improving the efficiency and effectiveness of various government regulatory functions and services for business in India. Simplifying regulatory burdens on business at the State level is an important component of the ambitious Ease of Doing Business in India initiative. JUNE 2016 World Bank Rankings Rank State Score 1 Gujarat 71.14% 2 Andhra Pradesh 70.12% 3 Jharkhand 63.09% 4 Chhattisgarh 62.45% 5 Madhya Pradesh 62.00% The Assessment This assessment, the first of its kind, has been conducted to take stock of reforms implemented by States in the period January 1 to June 30, 2015. Data was collected through a structured questionnaire that was completed by each State and UT Government. The responses were validated through a series of in-depth workshops with State Government representatives, and the collection of supporting evidence on each of the parameters of the questionnaire. Overall Results The implementation status of each State has been converted to a percentage, and, on the basis of this total percentage, the report calculated the State rankings as shown in the table (above). As per the report, AP is ranked in the category of ‘Aspiring Leaders’ which means the overall implementation status is to be between 50 per cent and 75 per cent. The report of the World Bank stated that AP has implemented an effective online single-window system ANDHRAPRADESHMAGAZINE.ORG with provision for filing, payment, satus tracking, online scrutiny and approval of applications. The report also praises the VAT registration system followed by AP along with states such as Gujarat, Himachal Pradesh and Karnataka. The Chief Minister pointed out that this rating will act as a major indicator for prospective investors across the globe looking at investing in India. “We are now targeting the number one position. I'm confident that we will soon make it to the list of “leaders” category by falling in the 76-98 point score card,” he said. Number One Soon The difference between Gujarat and Andhra Pradesh is only 1 percent. The State administation is now working hard to ensure that AP achieves number one rank soon in the ease of doing business. The CM’s push in this regard was even noted by no less DIPP secretar Amitabh Kant. “Gujarat is really working hard to maintain its number one position simply because Andhra Pradesh is driving it too hard this year,” he remarked. v 37