Andhra Pradesh has topped the survey of Asia Competitiveness Institute (ACI), Singapore's 2018 Ease of Doing Business (EDB) Index ABC Rankings for economies of 21 states of India, while Maharashtra and Delhi came in second and third place respectively.
EDB index is based upon three parameters- Attractiveness to Investors, Business Friendliness and Competitiveness Policies.
Andhra Pradesh tops 'ease of doing business' state rankings; Telangana, Haryana at 2nd, 3rd positions
World Bank's 'Ease of Doing Business Index': India jumps 23 spots to 77th position; 'delighted', says PM Modi
Dr Tan Khee Giap, Co-Director of the ACI said that Andhra Pradesh's growth was a result of Chief Minister N Chandrababu Naidu's relentless efforts.
Meanwhile, CM Naidu said that the state government will consider the observations of the ACI EDB rankings reports and strengthen the areas of weaknesses. He added that the government is planning to distribute smartphones to all families for ease of living, which will generate the need for almost 1.4 crore smartphones for distribution in the state.