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ARTICLE · 01 SEPTEMBER 2020

Andhra Pradesh Industrial Policy 2020 – 2023: An Overview

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The Government of Andhra Pradesh ("AP Government") recently unveiled its new Industrial Policy 2020-23 with the aim of providing incentives and an investment-friendly environment for certain...

IndiaGovernment, Public Sector

Introduction

The Government of Andhra Pradesh ("AP Government") recently unveiled its new Industrial Policy 2020-23 with the aim of providing incentives and an investment-friendly environment for certain industries in the state.

Broadly, the interventions by the state – that are intended to support and facilitate industry – include infrastructural interventions (related to the development and management of industrial parks), ease of doing business measures (such as creation of a single desk portal for approvals, deemed approvals for certain industries), improving labour access / skilling, developing a support centre for entrepreneurs, incentives (such as GST reimbursements for certain industries), and special incentives for socially disadvantaged groups such as women, members of the scheduled caste, scheduled tribes and other communities.

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