Nara Lokesh who recently talked about how the state is developing towards a model of doing speed business instead of not just stopping at ease of doing business. ESCROW looks like an answer to this.

Escrow accounts is a special bank account system created between the Government and a Company that will be opened as soon as they sign an MoU or investment agreement. This means that once a company agrees to invest in Andhra Pradesh, an escrow account linked to a bank will open instantly, allowing real-time fund release without any delays, phone calls, or follow-ups or no need to even talk with any government official to get these funds too. If needed, the state will even provide a cover if the project partner defaults, giving investors complete confidence and peace of mind.

This model was an

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