AP Demands Special Status – Analysis, Outlook, Growth Forecast (2024 – 2032)

In recent days, special category status is among the major issues in the Andhra Pradesh. Based on 13th Schedule of AP REORGANISATION ACT formed on 20th Feb 2014 at the time of state bifurcation, the Central government made a handful promises to Andhra Pradesh owing to the state’s deficit budget during bifurcation. AP has been increasing substantially in e-Governance and Information Technology due to the availability of talent pool, low cost of operations as well as in the emerging policies of the Government.  The growth of AP during the next decade is estimated to be approximately 12% CAGR.

The key promises made to the state during the bifurcation include Dugarajapatnam port, Vizag-Chennai industrial corridor, extension of three AP airports, Vizag railway zone, metro rail project, educational institutions such as IITs, NITs, IIMs and many others, healthcare schemes, petroleum industry, funds for the large-scale irrigation projects and so on. Among all the promises made, healthcare, capital city building, and educational sector are among the key sectors which have witnessed initiatives and support from the central government.

Moreover, Investments in IT industry of $2 Billion with a 5% share in national exports of Software to create additional direct employment of 0.5 Million. Vizag will be developed as a Mega IT hub with a built-up space of 5 million square feet and a signature tower of 1 Million square feet in the form of a nucleus of mega IT hub. Additionally, APIIC requires industrial parks which comprise IT, Bio-Tech, Automotive, Apparel and other industrial and general infrastructural development organisations and associations. The land allocation would be by investment capacity as well as based on business proposals.

The special status will provide the 3% discount will be provided under special status on working capital for the establishment of industries. 50% will apply to electricity industry costs for approximately ten years. What AP lost without the allocation of special status include the foreign direct investments for the establishment of industries, infrastructural facilities development, and crops irrigation.

Reasons to buy this report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have a complete analysis, what are the promises made before special status, accomplished and fulfilled and yet to be fulfilled analysis were carried to understand more comprehensively.

State diversity is analysed with the major districts and the cities. Scrutinizing the revenue generation on Year-On-Year

Identifying key parameters in the current scenario and their impact in altering the state dynamics.

Expertise investment opportunities by the analyst to the individual and organisation to have the better foothold in the upcoming scenarios.