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Andhra Pradesh Economic Development Board Act, 2018
Andhra Pradesh Economic Development Board Act, 2018
Sections
1. Short title extend and commencement.
Section 12. Definitions.
Section 23. Constitution of the Andhra Pradesh Economic Development Board.
Section 34. Head Quartets of the Board.
Section 45. Composition of the Board.
Section 56. Meetings of the Board.
Section 67. Constitution of Advisory Council.
Section 78. Functions of the Advisory Council.
Section 89. Meeting of the Advisory Council.
Section 910. Appointment of other Committees.
Section 1011. Expenses of the Board, Advisory Council and Committees appointed by the Board.
Section 1112. Proceedings of the Board, Advisory Council and Committees.
Section 1213. Authentication of orders of the Board.
Section 1314. Functions of the Board.
Section 1415. Powers of the Board.
Section 1516. Powers of delegation.
Section 1617. Executive Vice-Chairman of the Board.
Section 1718. Chief Executive Officer of the Board.
Section 1819. Functions of the Chief Executive Officer.
Section 1920. Organizational Structure.
Section 2021. Appointment of consultants and head of divisions.
Section 2122. Budget.
Section 2223. Accounts and audit.
Section 2324. Annual Report.
Section 2425. Members, officers and employees of the Board, constituted under this Act to be public servants.
Section 2526. Protection of action taken in good faith.
Section 2627. Power to make regulations.
Section 2728. Power to remove difficulties.
Section 28
andhra-pradesh-economic-development-board-act-2018.json
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28 Sections
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Andhra Pradesh
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"title": "Andhra Pradesh Economic Development Board Act, 2018",
"short_title": "Andhra Pradesh Economic Development Board Act, 2018",
"act_number": "(Act No. 21 of 2018)",
"act_year": 2018,
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"number": "1",
"title": "1. Short title extend and commencement.",
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"content": "Object & Reasons 6\nStatement of Objects and Reasons.",
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"number": "2",
"title": "2. Definitions.",
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"content": "(1) \"Act\" means the Andhra Pradesh Economic Development Board Act, 2018;\n(2) \"Advisory Council\" means advisory council constituted under Section 7;\n(3) \"Board\" means the Andhra Pradesh Economic Development Board constituted under sub-section (1) of Section 3;\n(4) \"Chief Executive Officer\" means Chief Executive Officer of the Board;\n(5) \"Financial Year\" means the financial year as applicable to the Government of Andhra Pradesh;\n(6) \"Government\" means Government of Andhra Pradesh;\n(7) \"Government Agency\" includes any Department of the Government, or any Corporation or body owned or controlled by the Government or a Company, Statutory Authority or body or any other body, by whatever name called, owned and/or controlled by the Government;\n(8) \"Infrastructure\" includes public works relating to infrastructure for utilizing the natural resources and/or providing services by either public works of physical structure or systems or facilities or commodities or utilization of resources or provision of services;\n(9) \"Investment\" means any or all the preliminary and pre-operative expenses until commencement of commercial production, capital expenditure, expenses on land, equipments, interest paid, if any, during construction, administrative expenses, all operating and maintenance expenses including expenses incurred on recovery of user levies, etc., relating to a project or expansion of an existing project;\n(10) \"Investor\" means any person including an Individual, a company registered under the Companies Act, 1956 (Act No.l of 1956), or the Companies Act, 2013 (Act No. 18 of 2013), Trusts registered under the Indian Trusts Act, 1882 (Act No.2 of 1882), Society registered under the Societies Registration Act, 1860 (Act No.21 of 1860), or partnership firms registered under the Indian Partnership Act, 1932 (Act No.9 of 1932), limited liability Partnership registered under the limited liability Partnership Act, 2008 (Act No.6 of 2009), and shall include any other body corporate including those from outside India qualified to invest in India under relevant laws for the time being inforce or under the relevant policies of the Government of India or the State Government as may be applicable at the time of such investment;\n(11) \"Local Authority\" means any Municipal Corporation, or Municipal Council or Nagar Panchayat or any Development Authority or any Gram Panchayat or any other statutory body formed, elected or appointed for local self-Government;\n(12) \"Member\" means a member of the Board and includes the Chairman of the Board, members of the Advisory Council, Committees;\n(13) \"Notification\" means a notification published in the Andhra Pradesh Gazette and the word \"notified\" shall be construed accordingly;\n(14) \"Private sector participant\" means any person other than a Government agency or local authority or the Central Government or a Public Sector undertaking of the Central Government;\n(15) \"Project\" means a project to be undertaken by the investor, Government, Government Agency or Local Authority, where under investment is proposed to be made in the State of Andhra Pradesh;\n(16) \"Public-Private Partnership\" means an arrangement between a Government, a Government agency or local authority and a private sector participant for the provision of infrastructure through investment made or through design, development, construction, maintenance or operation undertaken by the private sector participant, where risks are allocated between them such that the private sector participant takes on the risk beyond the stage of design and construction and the payment for the services are performance linked, in the form of user charges, annuities or unitary payment;\n(17) \"Public-Private-Partnership Project\" means a project implemented through public-private partnership;\n(18) \"Regulations\" means regulations made by the Board under this Act;\n(19) \"State\" means State of Andhra Pradesh.\nChapter II\nConstitution of Andhra Pradesh Economic Development Board, Advisory Council and Committees as required by the Board",
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"number": "3",
"title": "3. Constitution of the Andhra Pradesh Economic Development Board.",
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{
"number": "4",
"title": "4. Head Quartets of the Board.",
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{
"number": "5",
"title": "5. Composition of the Board.",
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"content": "(a) Chief Minister of the State......................Chairman;\n(b) Minister for Finance and Planning............................Vice-Chairman,\n(c) Any individual appointed by the Board as Executive Vice-Chairman.................... Member;\n(d) Minister for Industries................Member;\n(e) Minister for Municipal Administration and Urban Development ........................ Member;\n(f) Minister for Health and Medical Education...........................Member;\n(g) Minister for Roads and Buildings...........................Member;\n(h) Minister for Panchayat Raj and Rural Development...........................Member;\n(I) Minister for Water Resources Management....................Member;\n(j) Minister for Information Technology and Communication Department.................... Member;\n(k) Chief Secretary to Government......................Member;\n(l) Special Chief Secretary/Principal Secretary/Secretary, Planning Department ...................... Member;\n(m) Special Chief Secretary/Principal Secretary/Secretary to Government, Finance Department ................................... Member;\n(n) Special Chief Secretary/Principal Secretary/Secretary to Government, Industries Department ....................................Member;\n(o) Special Chief Secretary/Principal Secretary/Secretary to Government, Municipal Administration and Urban Development Department .................................... Member;\n(p) Special Chief Secretary/Principal Secretary/Secretary to Government, Roads and Buildings Department..............................Member;\n(q) Special Chief Secretary/Principal Secretary/Secretary to Government, Panchayat Raj and Rural Development Department......................................Member;\n(r) Special Chief Secretary/Principal Secretary/Secretary to Government, Water Resources Management Department...............................Member;\n(s) Principal Secretary to Government, Information Technology, Electronics and Communication Department...............................Member;\n(t) Secretary to Government, Law Department ..........................Member;\n(u) Chief Executive Officer of the Board.........................Member\tConvener;\n(v) Any other Minister/Secretary to Government or other persons including international experts in the field, leading industrialists nominated by the Chairman of the Board .................Member.",
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"number": "6",
"title": "6. Meetings of the Board.",
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{
"number": "7",
"title": "7. Constitution of Advisory Council.",
"chapter": null,
"content": "(a) Eminent national and international experts from the industry, infrastructure, information technology and communications, tourism, energy, social work, civil society, etc.,\n(b) Eminent national and international economists, public finance experts, policy experts, development professionals, etc., and\n(c) Officers, officials and experts from Government of India, Government of Andhra Pradesh and other National and International Government bodies and agencies.",
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"number": "8",
"title": "8. Functions of the Advisory Council.",
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"number": "9",
"title": "9. Meeting of the Advisory Council.",
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"number": "10",
"title": "10. Appointment of other Committees.",
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{
"number": "11",
"title": "11. Expenses of the Board, Advisory Council and Committees appointed by the Board.",
"chapter": null,
"content": "",
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"number": "12",
"title": "12. Proceedings of the Board, Advisory Council and Committees.",
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{
"number": "13",
"title": "13. Authentication of orders of the Board.",
"chapter": null,
"content": "Chapter III\nFunctions and Powers of the Board",
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"number": "14",
"title": "14. Functions of the Board.",
"chapter": null,
"content": "(1) Strategic Planning and Policy,-\n(a) To conduct strategic analysis of national and global development trends and identifying strategies that would facilitate creation and management of an ecosystem for sustainable high growth trajectory.\n(b) To provide a platform for bringing leading national and international business leaders, economists, academicians and knowledge leaders to advise the Government.\n(c) To nurture a Think Tank and create Knowledge Bank for strategic planning, policy analysis, data analytics and action-research essential for sustaining high rates of growth and successful completion within the committed timelines with focus on investment flows, their efficacy in terms of value addition, employment generation and wealth creation.\n(d) To secure policy and programmatic integration and co-ordinate preparation and prioritisation of pipeline of projects related to economic sector like infrastructure, industrial development, energy, information and communication technologies, tourism, skill development, higher education and technical education, etc.,\n(e) To identify potential sources of financing and facilitate early launch and accelerated execution of projects.\n(f) To work through various departments, ensure proper timely alignment of State policies with the existing and emerging policies at the Centre.\n(g) To identify the best policies being adopted by the other States and exploring the scope for adopting the same.\n(2) Investment Promotion and Project Facilitation,-\n(a) To facilitate investments in the State by being the one-stop shop and a single point interface for all investors seeking opportunities in Andhra Pradesh and act as a dynamic interface between the external world of investors and the Government Agencies and Departments.\n(b) To promote Andhra Pradesh as the ideal investment destination through various means including road shows, meetings, seminars and programmes, advertisement, printing promotional material dissemination of information etc., in India and Abroad, in co-ordination with the departments concerned.\n(c) To provide hand holding services to the entrepreneurs throughout their investment process in the State, with a view to facilitate ease of doing business in the State.\n(d) Apart from disseminating information through the available channels to the potential investors, the Board would proactively market projects to investors and facilitate their approval by the regulatory authorities. It will create an Internal Investment Friendliness Standard for the Departments (along the lines of 'ease of doing business'), through a combination of process indicators and investor surveys.\n(e) To promote economic activity through development of Industrial Parks, Special Economic Zones and other economic clusters.\n(f) To enter into memorandum of understandings, agreements etc., on behalf of the Government for promoting investments into the State and for attaining other objectives of the Board.\n(3) External Engagement with National/International Investors and other Governments,-\n(a) To provide one-stop interface for all investors-sector wise and infrastructure wise and a single point interface between Investors and the Government Departments.\n(b) To facilitate the implementation of comprehensive set of measures to improve the ease of doing business with time-bound and transparent resolutions of issues during the project execution and commissioning phases.\n(c) To facilitate effective inter-departmental co-ordination for multi-sector investments aiming for higher returns and predicable project completion timelines, including but not limited to industrial corridors, growth nodes, capital city development, etc.,\n(d) To catalyse effective knowledge management and technology transfer essential for innovation, entrepreneurical development and economic growth.\n(e) To provide one-stop interface for all external engagements with Foreign Governments or investment related issues with the Government of India.\n(f) To monitor priority projects of the Government and provide timely feedback required for corrective action.\n(4) Project Appraisal,-\n(a) To create a robust institutional apparatus that would inspire the confidence of national and international investors through uniform, fair and transparent promotion procedures and consistent assessment and support during the execution phases of the projects.\n(b) To identify priority projects for Public-Private Partner-ship, conduct techno-economic appraisal of major projects and provide appropriate advice to the Government on all aspects of Public Private Partnership project approval, execution and monitoring.\n(5) Financial Resource Mobilization,-\n(a) To mobilize resources (financial, knowledge and intellectual capital) required for sustaining high growth momentum and for executing various projects including internal sources, multilateral bodies, private sector, Public-Private Partnership, through various means, including by setting up of Special Purpose Vehicles.\n(b) To enable high-yielding investments and high efficiency levels through synergies and co-ordination with multiple stakeholders.\n(6) Setting up Special Purposes Vehicles\n(a) To co-ordinate and facilitate establishment of Special Purpose Vehicles involving multi-departmental functions such as establishing Industrial Corridors, Financial Services, Capital City, Smart Cities, Smart Villages, Science Centers, Educational and Research Centers etc., as well as those required for soft and ecosystem development.\n(b) To promote Venture Funds and other investments strategies to encourage private investments in industrial development and economic activities, either directly or in association with national and international concerns/institutions engaged in operation of venture funds, investments funds and other funds.\n(c) To take up income generating activities to further the objectives of the Board.\n(7) Incubating and Co-ordinate Futuristic Initiatives.\n(a) To incubate and co-ordinate special initiatives which cut-across multiple departments and Government Organizations targeting a quantum leap in terms of developmental outcomes.\n(b) To promote the development of best practices, innovation and State of the art technology in the State.\n(8) Futuristic growth To scout for the futuristic growth propelling emerging feasible technologies and establish an ecosystem for its adaption and growth in the State.\n(9) Any other functions entrusted by the Government including Urban Development and Economic Cities as may be directed by the Government from time to time with a view to bring about the accelerated economic development of the State.",
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"number": "15",
"title": "15. Powers of the Board.",
"chapter": null,
"content": "",
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"sort_order": 14
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{
"number": "16",
"title": "16. Powers of delegation.",
"chapter": null,
"content": "(a) any authority subordinate to them;\n(b) any of the committees, members, officer or employees of the Board or its constituent bodies;\n(c) any special purpose vehicle or company formed under the Board.\nChapter IV\nProvisions Relating to the Staff",
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"sort_order": 15
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{
"number": "17",
"title": "17. Executive Vice-Chairman of the Board.",
"chapter": null,
"content": "",
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"sort_order": 16
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{
"number": "18",
"title": "18. Chief Executive Officer of the Board.",
"chapter": null,
"content": "",
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"sort_order": 17
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{
"number": "19",
"title": "19. Functions of the Chief Executive Officer.",
"chapter": null,
"content": "(a) Supervision and direction of staff of the Board.\n(b) Undertaking research to determine the industry competitiveness of State and propose strategies to enhance the State as an investment destination.\n(c) proposing for the Board's approval, operating and marketing plans for investment promotion and facilitation.\n(d) performing the duties of the Secretary to the Board, including preparation of minutes of decisions of the Board.\n(e) performing such other functions and duties as may be determined by the Board.\n(f) performing all other incidental and ancillary functions as directed by the Government and/or the Board or the Chairman of the Board.",
"footnote": "",
"is_definition": false,
"sort_order": 18
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{
"number": "20",
"title": "20. Organizational Structure.",
"chapter": null,
"content": "",
"footnote": "",
"is_definition": false,
"sort_order": 19
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{
"number": "21",
"title": "21. Appointment of consultants and head of divisions.",
"chapter": null,
"content": "Chapter V\nFinance, Accounts and Audit",
"footnote": "",
"is_definition": false,
"sort_order": 20
},
{
"number": "22",
"title": "22. Budget.",
"chapter": null,
"content": "",
"footnote": "",
"is_definition": false,
"sort_order": 21
},
{
"number": "23",
"title": "23. Accounts and audit.",
"chapter": null,
"content": "",
"footnote": "",
"is_definition": false,
"sort_order": 22
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{
"number": "24",
"title": "24. Annual Report.",
"chapter": null,
"content": "Chapter VI\nMiscellaneous",
"footnote": "",
"is_definition": false,
"sort_order": 23
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{
"number": "25",
"title": "25. Members, officers and employees of the Board, constituted under this Act to be public servants.",
"chapter": null,
"content": "",
"footnote": "",
"is_definition": false,
"sort_order": 24
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{
"number": "26",
"title": "26. Protection of action taken in good faith.",
"chapter": null,
"content": "",
"footnote": "",
"is_definition": false,
"sort_order": 25
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{
"number": "27",
"title": "27. Power to make regulations.",
"chapter": null,
"content": "",
"footnote": "",
"is_definition": false,
"sort_order": 26
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{
"number": "28",
"title": "28. Power to remove difficulties.",
"chapter": null,
"content": "",
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"sort_order": 27
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],
"metadata": {
"Act ID": "ap279",
"Act Number": "(Act No. 21 of 2018)",
"Enactment Date": "",
"Act Year": "2018",
"Short Title": "Andhra Pradesh Economic Development Board Act, 2018",
"Type": "STATE",
"Location": "Andhra Pradesh"
},
"updated_at": "2026-09-29 21:55:18"
}