Which of the following statement/statements is/are incorrect regarding the Andhra Pradesh Industrial Policy 2023-27?

I. To achieve a minimum contribution of 25% by industry in the State GDP

II. To provide end-to-end facilitation in 2 weeks

III. To envisage ten (10) priorities of accomplishment

IV. To focus on becoming a Plug and Play State' for investments

V. Ensuring land allotment by APIIC within a period of 2 weeks upon receipt of application

Select the answer using the codes given below:

Key Points

• The Andhra Pradesh Industrial Policy 2023-27 aims to achieve a minimum contribution of 25% by industry in the State GDP.
• The policy focuses on becoming a 'Plug and Play State' for investments, ensuring a conducive environment for investors.
• It ensures land allotment by APIIC within a period of 2 weeks upon receipt of the application to facilitate faster industrial setup.
• It does not specifically aim to provide end-to-end facilitation in 2 weeks, nor does it envisage ten (10) priorities of accomplishment, making statements II, III, and V incorrect.

Additional Information

• Andhra Pradesh Industrial Policy 2023-27
  • The policy is designed to enhance industrial growth and increase the contribution of the industrial sector to the state's GDP.
  • It aims to create a business-friendly environment by simplifying procedures and providing necessary infrastructure.
  • APIIC (Andhra Pradesh Industrial Infrastructure Corporation) plays a crucial role in land allotment for industrial purposes.
  • The 'Plug and Play' concept refers to providing ready-to-use infrastructure and facilities for industries to quickly start their operations.
• End-to-End Facilitation
  • This refers to providing comprehensive support to industries from the inception of the project to its operational phase.
  • It includes assistance in obtaining necessary permissions, clearances, and infrastructure support.
• APIIC (Andhra Pradesh Industrial Infrastructure Corporation)
  • A government agency responsible for developing industrial infrastructure in the state.
  • It facilitates land allotment, industrial parks development, and providing necessary amenities for industrial growth.