Tuesday, October 7, 2008

And the Award goes to Gujarat

Narendra Modi is the showman. Finally after weeks of speculations and months of tussle Tata has chosen Gujarat for its Nano project. Its a feat and celebration time for Gujarat. Narendra Modi has gone an extra mile to accommodate Mr Ratan Tata in his jurisdiction by allowing concessions and discounts which fall against his rules and principles. He has been personally avere to giving concessions to industry, on the ground that such concessions given in the past had led to huge loss of revenue to the exchequer. But however he has made a win - win deal this time by easing his rigid laws and offering Tatas a amiable hand.

The enthusiasm and accolade shown by Gujarat farmers in Sanand is in total contrast to that exhibited by their counterparts in West Bengal. Here, farmers has readily agreed to sell their lands to Tatas and participate in Industrial Development, rather than to woo for the lost agricultural opportunity. I believe such ostentatious welcome by Gujarat might have made West Bengal Farmers and their conman Minister Mamta Banerjee to realize their mistake. Well anyway, their blunder came as a boon to Gujarat. It will surely bring lots of development and growth for one of the most developed state of India.

The implications of this project are better employment opportunities for people of Gujarat, better business opportunities to local vendors and suppliers, including less transportation cost and competitive prices, geographic and political growth of the suburb of Ahemadabad - Anand, more revenue to state and exchequer, and if Tata permits a comparatively cheaper prices for their final product (Nano and others in future). It also gives a boost to morale of overall investors building their trust in brand Gujarat, which will indirectly lure more of investors to Gujarat.

Gujarat already scores high in the list of states with Industrial Development and this feat is like a feather in the hat. Gujarat's present government has got one more acclamation. There could be a huge gift in store for Narendra Modi as he has just completed seven years in office as Gujarat chief minister.

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