Wednesday, October 08, 2008

Gujarat - The destination of investment


Gujarat has shown it again that it is the place on the top of the list for people who are looking to do investments, set up industries. Mr. Tata has decided to choose Gujarat over the so many other states that were inviting him.

The Chief Minister, Mr. Modi has been criticized a lot for various other issues. But nobody can take away the fact that kind of development we have seen during his tenure, which has now touched 7 years, is phenomenal. Even after so many calamities and untoward incidents happening in the state in the last few years, it is indeed remarkable how he and his team has managed to attract industrialists. I believe that industries are the core of any development that a state looks for. It creates employment which not only provides income to the people, improves their standard of living and increase the GDP of the state but also keeps people busy and away from activities which do not make too much sense.

I have always believed that the people who bring various political parties, politicians to power are very intelligent. They choose the best available, a government which would work the best. Even after so much negative publicity, Mr. Modi and his government came to power in 2002 with 2/3rd majority and similar was the case in 2007 elections.

I have written previously about my views on the other state which pushed away Mr. Tata. It is sad that this thing still happens. People who are leading the protests have not much empathy, though they might display a lot. Some of these people also were trying to show that they care in a project in Gujarat. They tried their best to stall the project but finally the court decided pretty much against them. I am not taking everything away from them for I don't know all the details.

Now, the hope is just that these people do not come back to put their tents in Gujarat and do whatever they have done at the place they were before. The news is that the Gujarat farmers are ready to give away their land for a good price (3-4 times what they would get otherwise). I am sure that they would get this price and the farmers say that they can relocate elsewhere and buy some other fields. There might be some disruptions but the hope is that they would be minimal.

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