Andhra Pradesh and Telangana have jointly emerged as the best states to do business in the country based on implementation of Department of Industrial Policy and Promotion's (DIPP) 340-point Business Reforms Action Plan (BRAP).
"I am very happy to share that DIPP and World Bank have announced AP as the No 1 state in ease of doing business rankings 2016 with an overall implementation score of 98.78 per cent.
Last year, the state was ranked second after Gujarat with a score of 70.12 per cent.
"In spite of all the challenges due to bifurcation, AP was ranked No 2 last year and I was very confident that we would achieve No 1 rank this year," the Chief Minister said.
AP scored 100 per cent in eight out of the 10 reform areas benchmarked under the BRAP.
The ministers congratulated Naidu, who holds the Industries portfolio along with some other departments, over the achievement.
Disclaimer: No Business Standard Journalist was involved in creation of this content
