Economy

Fully utilise AI, technology to improve GST, tax collections: Andhra CM to officials

Asia / India0 views1 min
Fully utilise AI, technology to improve GST, tax collections: Andhra CM to officials

Andhra Pradesh Chief Minister N Chandrababu Naidu directed officials on Tuesday to leverage AI and technology to enhance GST and tax collections, aiming to improve revenue administration and align with the Swarna Andhra 2047 vision. He emphasized real-time economic monitoring through an AI-powered task force and stressed the need to boost Gross Value Addition (GVA) across sectors like manufacturing, trade, and infrastructure projects such as Amaravati and Polavaram.

Andhra Pradesh Chief Minister N Chandrababu Naidu urged officials to fully utilize artificial intelligence and technology to strengthen Goods and Services Tax (GST) and other tax collections, improving overall revenue administration during a review meeting in Undavalli, Guntur district on Tuesday. Naidu directed the preparation of monthly economic reports to track State Gross Domestic Product (GSDP) progress, advocating for periodic assessments at state and field levels through monthly, quarterly, and half-yearly indicators. He highlighted the need to address underperforming indicators and align them with national benchmarks, while introducing a scoring system to evaluate both target achievement and real economic growth. The Chief Minister emphasized the multiplier effect of infrastructure investments, noting that each rupee spent on infrastructure could generate up to 3.5 times economic activity. He instructed officials to establish an AI-powered task force to monitor economic developments in real time, supporting data-driven governance for the Swarna Andhra 2047 vision. Naidu also called for focused efforts to enhance Gross Value Addition (GVA) across key sectors, including manufacturing, mining, trade, and transportation. Major projects like Amaravati, Polavaram, ports, and airports were identified as critical drivers for a stronger economic multiplier effect in the state. The meeting focused on achieving Key Performance Indicators (KPIs) for the financial year 2026-27 at state, district, and mandal levels, ensuring alignment with national standards and fostering sustainable economic growth.

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