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The Andhra Pradesh Government has collaborated with the Indian School of Business to work towards economic development and job creation in the state.
ISB will be working with the AP Economic Development Board for the purpose of economic recovery, and growth monitoring post-COVID-19. Both the parties signed the agreement via an online event.
As per the agreement, ISB and AP government will work together on projects like high-frequency high-resolution indicators for monitoring economic recovery in ‘Andhra Pradesh’, a project on ‘Visakhapatnam’ as an engine of growth, focus on ‘food processing sector’ in Rayalaseema.
Furthermore, both parties will also be taking steps for the improvement of e-governance and data analytics.
The government also look forward to strengthen the informal sector growth and reshape the skilling programs.
Establishment of Policy Lab
The collaboration will create a way for the establishment of a policy lab called “GoAP-ISB Policy Lab”, which will drive evidence-based policy decisions.
The establishment will be very significant in creating a “knowledge bank” for strategic planning, policy analysis, data analytics and action-research need to boost the economy.
“The lab is modelled in the lines of policy lab in the UK cabinet would enable greater synergistic functioning of departments and work towards the objective of economic monitoring, recovery, and development,” the statement by AP said.
The minister for Mekapati industries, commerce, IT, and SDT, Mekapati Goutham Reddy has mentioned that they are working with ISB for the past few months.
“We are onboarding ISB as our knowledge partner to work on various initiatives in skill development, e-governance, turning Vishakhapatnam into a growth engine, improving value addition in food processing,” said Mekapati Goutham Reddy.
Read More: Andhra Pradesh: Universities Prepare to Conclude Final Year Exams by Sept 30 as per UGC Guidelines
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