Andhra Pradesh tops ACI’s Ease Of Doing Business (EDB) Index 2018
Andhra Pradesh has topped the 2018 Ease of Doing Business (EDB) Index of Asia Competitiveness Institute (ACI). The ACI team, led by Tan Khee Giap, mentioned that despite Andhra Pradesh’s excellent performance in ACI’s EDB Index, the government needs to bridge numerous institutional and infrastructural gaps in order to sustain its position in the future. The index ranked economies of 21 states of India. In it, Maharashtra acquired 2nd position, while Delhi came in third place, respectively. The EDB index is based upon three parameters called ABC – Attractiveness to Investors, Business Friendliness and Competitiveness Policies.