According to the figures released by the Central Government, the state ranked twelfth in the state-wise FDI Equity inflows from October 2019 to June 2020. The state could just manage a paltry 1652.31 Crore.
Maharashtra and Karnataka are in the Top Two Positions.
Andhra Pradesh just managed around 10-12% of what a small state like Jharkhand (19192.29 Crore) managed. Telangana is much ahead of AP ranked Seventh with 9044.7 Crore. Andhra Pradesh could not even manage a quarter of what the neighboring state did it.
Even Uttar Pradesh which is commonly known as a Bimaru state is ahead of Andhra Pradesh with 2499.25 Crore (Tenth Position). It’s high time, the Jagan Mohan Reddy Government focuses on bringing new investments to create jobs.
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