Andhra Pradesh poised to achieve rapid growth in exports

Tirupati, Oct 21 (KNN) Andhra Pradesh finance minister Buggana Rajendranath on Thursday said that the state is well poised to achieve second place in exports with the development of Vizag-Chennai and Chennai-Bengaluru Industrial Corridors.

While presiding over the trade advisory meeting held at SVU Senate Hall in Tirupati, Rajendranath said “Andhra Pradesh has stood top in Ease of Doing Business in the country for the past four years and it is in fourth place in exports.”

He said that the government is taking all the necessary steps required to reduce the tax burden on traders.

The State government has succeeded in getting GST on tamarind, rock stone and mango pulp reduced after raising the issue in the GST Council meeting. 

The State has brought revolutionary changes in the commercial tax wing. The audit wing has been divided and new circles have been formed.

As per reports, the state government is planning to organise the trade advisory meeting every three months to resolve the issues of traders. The first conference was held in Anantapur this month.

“Andhra Pradesh government is also taking up initiatives to provide skill training to the unemployed youth. It has been setting up 176 skill development centres across the state. In all, 66 centres have already started running imparting skills to unemployed youth to make their industry-ready,” the finance minister said.

Deputy Chief Minister K Narayana Swamy, Chief Commissioner of Taxes M Girija Shankar, Finance Secretary N Gulzar and Special CS Ravi Shankar were amongst those present at the meeting.  (KNN Bureau)