Prime Minister Narendra Modi today addressed the Vibrant Gujarat Summit in Gandhinagar and highlighted the policies implemented by his government in the country. PM Modi also requested the investors present at the meet to take the initiatives regarding the growth of the nation. Prime Minister Modi stated that the policies started by his government had played a significant role to boost the ranking of the country in the World Bank’s Doing Business Report.
Prime Minister Modi referring to the last four years data said that India had jumped 65 places in the Global Ranking of World Bank’s Doing Business Report. He added that India is ready for a business like it was never before.
PM Modi during the Summit said, “this is not it, we have to achieve a lot more, and my team is working hard to achieve the set target of India is in the top 50 next year”.
Prime Minister stressing on the achievements by his government said that his government had maintained a steady growth rate. Since 1991, there was no growth recorded by any other government, and our government has achieved 7.3% as the average GDP growth over the entire term, said Modi. Also, the average rate of inflation at 4.6% is the lowest for any Indian Government since 1991,” PM Modi added.
While addressing the meet, PM Modi also revealed that the primary motive of his government is to focus on targeting the problems and issues facing by the country while achieving the desired goals. “From the start of business to its operation and closure, we have paid attention in building new institutions, processes, and procedures. All this is important, not just for doing business but also for ease of life of our people,” he said.
The industrialists present at the meet were committed to investing thousands of crores in the Mega Event. One of the Billionaire Gautam Adani announced an investment of Rs. 55,000 crore in next five years. Reports say that the money will be invested in different projects in Gujarat like the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex. Along with several other Billionaire’s Kumar Mangalam Birla, also declared an investment of Rs. One thousand five hundred crores in the state.