Gordhan Zadaphia dares Narendra Modi to declare investment figures

Emphasising the need for "people-centric" industrial development plans, the Gujarat Parivartan Party has criticised the state government for an abysmally low achievement of the targets over the past five Vibrant Gujarat summits since 2003. It has challenged the government to declare the investment statistics of the sixth summit, which begins Friday.

GPP general secretary Gordhan Zadaphia Thursday said that details procured through RTI inquires filed in December 2011 confirmed the heavy under-achievement of just 6% of the pledged investments since 2003. He said that out of 17,705 MoUs announced, only 2,907 saw light of the day and out of them, only 1,907 went on stream.

He said the government has decided not to make public details relating to MoUs expected to be signed and actual consequent investments this time for fear of being exposed. "If the Chief Minister and the government really have courage, then they must accept the challenge of giving expenditure details and loss caused to the coffers."

Against the lofty announcement of attracting investments worth Rs 39,60,148 crore over five summits, investments worth only Rs 1,85,470 crore was materialised and only Rs 84,748 crore reached the pipeline stage, totalling to Rs 2,70,218 crore (6.8%), he said.

"Electoral victory of a government or celebration of festivals did not reduce sufferings of general public," he said.

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