Though most people expected Tata Motors to select either Andhra Pradesh or Karnataka for its Nano project, it was clear that Gujarat Chief Minister Narendra Modi had done the impossible and coming from nowhere bagged the prestigious project.
The new industrial policy, which may come into effect from October this year, may not offer large incentives. The Gujarat Chief Minister Narendra Modi is learnt to have told officials at the last review meeting that the new industrial policy will not offer large incentives.
Tata Motors, which suspended work at the Nano plant in West Bengal's Singur in view of continued confrontation at the site early this month, has held talks with Gujarat Chief Minister Narendra Modi over relocating the facility to the state.
US-based foundation to set up Rs 20,000-crore Integrated SolarCity.
ADAG slots Rs 1,200 cr for wind power plants
While states across the country grapple with the problem of getting power to the rural areas, Gujarat stands tall as an exception. The state government's Jyoti Gram Yojana (JGY) has not only ensured 100 per cent village electrification but also 24 X 7 power supply. The result is a resurrection of rural industries in the state and reverse migration to rural areas.
Gujarat is on the road to market 'Brand Gujarat'. The state has aimed at an accelerated industrial growth of about 15 per cent for the next five years. According to the new policy, the state will create room for three new economic corridors to house four special investment regions (SIR), 10 logistic parks for Delhi Mumbai Industrial Corridor (DMIC) and a slew of industrial parks. For trained manpower, the state government will create a synergy between industry and education.
It may be recalled that the Gujarat government had introduced Prohibition of Transfer of Immovable Property and Provision for Protection of Tenants from Eviction from Premises in Disturbed Areas Act, Gujarat in 1991 after the communal riots to prevent distress property deals between members of different communities and ghettoisation. The Act had around 20 police stations under its jurisdiction in Ahmedabad.