Businessmen in Hyderabad are eagerly looking forward to the year 2014. That’s because they believe nothing will transform the depressed business environment in the state till the next general elections. A combination of local and national crises has taken its toll on Andhra Pradesh. The prolonged stir for separate statehood for the Telangana region, acute shortage of power and tight liquidity all played a part in slowing economic growth in the state (see table).