Andhra Pradesh emerged on top 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 called ABC – Attractiveness to Investors, Business Friendliness and Competitiveness Policies. Andhra Pradesh rose from the 5th rank in 2016 to the top spot in 2018.
Source: The Business standard
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- Andhra Pradesh Chief Minister: N. Chandrababu Naidu, Governor: E. S. L. Narasimhan, Capital: Amaravati.