After Modi's Gujarat, Madhya Pradesh is country's top investment hub?

Discussion in 'Politics & Society' started by Galaxy, Jul 22, 2012.

  1. Galaxy

    Galaxy Elite Member Elite Member

    Aug 27, 2011
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    After Modi's Gujarat, Madhya Pradesh is country's top investment hub?


    Bhopal: After Narendra Modi's Gujarat, industries are now reaping gold in Madhya Pradesh.

    As many as 165 major and medium industries have been established during seven years in MP, with a capital investment of Rs 26,923.97 crore.

    Compared to it, 74 major and medium industries were established in the state in six years from 1998-99 to 2003-04 at a cost of Rs 2,060.13 crore, a spokesman of the state industries department said.

    In year 2011-12, a total 21 industries were established at a cost of Rs 4,542.97 crore which provided jobs to 4,355 persons while in 2010-11, 33 industries were established with capital investment of Rs 15,204 crore. These industries generated jobs to 10,676 persons. Twenty seven industries each were established in years 2009-10 and 2008-09 with the capital investment of Rs 2,542 crore and Rs 1866 crore providing jobs to 5898 and 4500 persons, officials said.

    In all, 11 industries were established in year 2007-08 at a cost of Rs 1,478 crore that provided jobs to 3,942 persons. Fifteen and 14 industries were established in year 2006-07 and 2005 -06 at a cost of Rs 777 crore and Rs 134 and provided jobs to 2,607 and 1,020 persons. Seventeen industries were established in year 2004-05 at a cost of Rs 380 crore providing jobs to 1,753 persons.

    Chief Minister Shivraj Singh Chouhan had recently asked the officials to ensure that MP becomes the country's most prominent investment hub.

    Prompt action should be ensured for fulfilling the objectives of the three-nation visit. MP's brand equity for investment should be established. The forthcoming global investors' summit should be global in real terms. World-level preparations should be made for it, he said.

    Chouhan directed the officers to give a practical shape to the results of the three-nation tour. Commerce and Industries Minister Kailash Vijayvargiya and Chief Secretary R Parasuram were also present on the occasion.

    The Chief Minister said that teams should be constituted sector-wise to apprise investors about investment possibilities in the state. He said he would hold a one-hour meeting regarding this every Monday. Now, Madhya Pradesh is being recognised as an investment-friendly state in the world. It was necessary to pay attention to investments for the speedy development of the state, he said.

    Chouhan also directed that separate core teams of different departments be formed and continuous follow-up action be taken.

    After Modi's Gujarat, Madhya Pradesh is country's top investment hub? -
    parijataka and afako like this.
  3. afako

    afako Regular Member

    Aug 18, 2010
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    The First thing which needs to be done is to connect Land Locked States to the Ports.
  4. parijataka

    parijataka Senior Member Senior Member

    Oct 15, 2011
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    Great news. Shivraj Chauhan has done well.

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