The correct answer is: d) All of the above.
Andhra Pradesh has undertaken a number of economic reforms in the years since its bifurcation in 2014. These reforms have included fiscal consolidation measures, liberalization of industrial policies, and an infrastructure development push.
Fiscal consolidation measures have been aimed at reducing the state’s debt burden and improving its fiscal position. These measures have included cutting government expenditure, increasing revenue collection, and selling off state assets.
Liberalization of industrial policies has been aimed at attracting investment and promoting economic growth. These measures have included simplifying the investment approval process, reducing taxes and tariffs, and improving infrastructure.
Infrastructure development push has been aimed at improving the state’s infrastructure, which is seen as a key factor in attracting investment and promoting economic growth. These measures have included building roads, bridges, airports, and power plants.
These reforms have had a positive impact on the state’s economy. Andhra Pradesh’s GDP growth rate has increased in recent years, and the state has attracted significant investment. However, there are still challenges ahead, such as improving the state’s business environment and reducing corruption.
Here is a brief explanation of each option:
- Fiscal consolidation measures are aimed at reducing the state’s debt burden and improving its fiscal position. These measures have included cutting government expenditure, increasing revenue collection, and selling off state assets.
- Liberalization of industrial policies is aimed at attracting investment and promoting economic growth. These measures have included simplifying the investment approval process, reducing taxes and tariffs, and improving infrastructure.
- Infrastructure development push is aimed at improving the state’s infrastructure, which is seen as a key factor in attracting investment and promoting economic growth. These measures have included building roads, bridges, airports, and power plants.