T now aims at reducing cost of doing business

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Having shared the top slot with Andhra Pradesh in ease of doing business and not resting on laurels, Telangana is now looking to reduce the cost of doing business, State IT and Industries Minister K T Rama Rao said today. Addressing a press conference, Rao said that the government has made several changes in labour laws, and other relevant procedures, to make the state an “investor friendly” destination. “Ease of doing business is not the only solution. Cost of doing business is also important. Now, the task for Telangana government will be to bring down the cost of doing business and to ensure that it is minimised and also to ensure the quality of doing business improves drastically,” he said.

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