Question: Which of the following state has emerged on the top among all other states in attracting industrial investments in 2015-16?
(a) Andhra Pradesh
(b) Gujarat
(c) Maharashtra
(d) Tamilnadu
Ans: (a)
Related facts:
- On 16 September 2016 Andhra Pradesh has emerged on the top among all other states in attracting industrial investments in 2015-16.
- Andhra Pradesh attracted an investment of Rs 21,914 crore out of the Rs 1,38,700 crore gross investments across India.
- This was 15.8% of the total investments of over Rs 10 crore each unit. In 2014-15, AP’s share in the country’s investments was 8.1%.
- Gujarat retained the second place attracting 14.5 per cent of investments, up from 9.5 per cent in 2014-15 while Maharashtra was pushed to the third spot with 10.9 per cent in 2015-16, a decline from 14.8 per cent.
- Tamil Nadu also made quantum gains in investment, attracting 9 per cent of the gross and jumping to the fourth spot.
- In 2014-15, investment flow into Tamil Nadu was a mere 2.9 per cent.
- Karnataka and Madhya Pradesh were tied at the fifth spot garnering 7.2 per cent share each in industrial investments, according to the RBI report.
- According to the Industries Department of AP, industrial growth rate in the state shot up from 5.25 per cent in 2014-15 to 11.1 per cent in 2015-16.
Reference:
http://www.dnaindia.com/money/report-andhra-pradesh-tops-in-attracting-industrial-investments-maharashtra-down-to-third-spot-2255833
http://indiatoday.intoday.in/story/andhra-pradesh-tops-in-attracting-industrial-investments/1/766285.html
http://www.business-standard.com/article/pti-stories/andhra-pradesh-tops-in-attracting-industrial-investments-116091601301_1.html