Prime Minister Narendra Modi took the centre stage on Sunday at the much-awaited Vibrant Gujarat Summit and pitched for “Vibrant India”. Luring the investors to invest more in the country, the Prime Minister pledged that his government will “hold your hands whenever needed”. He promised investors that “If you walk one step, we will walk two steps for you.”
“The ease of doing business in India is a prime concern for you and us. We are working very seriously on these issues,” Modi said.
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Over 100 countries have been participating the seventh edition of Vibrant Gujarat Summit in Gandhinagar and important world figures like UN Secretary General Ban Ki-moon and World Bank head Jim Yong Kim have been attending. Eight Partner counties including UK, Netherlands, Canada, Australia, Singapore, South Africa and Japan have come with a huge delegations. US Secretary of State John Kerry have attended the summit with over 127 delegates from more than 60 companies. Over 50 CEOs are taking part in the ‘Davos of the East’.
Claiming that his government is making all the efforts to ensure faster and inclusive growth, Narendta Modi said his government will make sure that India emerged as the “easiest” destination to do business with stable tax regime with a predictable, transparent and fair policy environment.
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“We have a large number of hands to work. And, we have an even larger number of dreams to be realised,” Modi said.
“We are not only making commitments and announcements. We are also backing them up with concrete action,” he added.
“We are backing our commitments with concrete action. I announced financial inclusion & in 4 months we have opened 100 million accounts. I announced modern railways, & immediately we opened up 100% FDI in railway investment to lead this surge” Prime Minister said.
On the first day of the summit, world dignitaries and business fraternity lauded Modi’s effort to make Gujarat a business friendly and fastest growing state in the country and worldwide.
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Reliance Industries chief Mukesh Ambani promised to invest Rs 1 lakh crore in 12-18 months, Kumar Mangalam Birla of Aditya Birla Group announced investment plans for Rs 20,000 crore in the state. Adani Enterprises to invest Rs 25,000 crore. US is also looking to invest around $41 billion in India in next 2 to 3 years, especially in Gujarat.
UN Secretary General Ban Ki Moon praised Modi government’s efforts, while US Secretary of State John Kerry said he is “highly inspired by Prime Minister Narendra Modi’s slogan of ‘Sabka Saath, Sabka Vikas’.
World Bank President Jim Yong Kim said that Indian economy is likely to grow at 6.4 per cent in 2015.
Tags: gujarat india Narendra Modi Vibrant Gujarat Summit
