Investor confidence and industrial growth in the State are at an all-time high, Chief Minister Y.S. Jagan Mohan Reddy said, brushing aside criticism from the Telugu Desam Party as a ‘smear campaign launched with the help of friendly media houses’.
“Despite the COVID-19 pandemic which has shaken the world, investor confidence had remained high in Andhra Pradesh and the industrialists are happy. A.P. is topping the country in Ease of Doing Business (EoDB) for the third consecutive year. In the EoDB ranking, 100 points are marked for the opinion of industrialists, and all of them have given a positive feedback on the friendly investor policies in our State. Even then, the TDP and the highly polarised media have not stopped spewing venom,” said Mr. Jagan Mohan Reddy, during a discussion in the Assembly on Monday on Industries and Investments.
Referring to ‘CAG data’, the Chief Minister said that the State’s finances are in sound health.
