Modi woos investors, spells out macro plans at Vibrant Gujarat summit

The PM said that growth was of paramount importance and his govt aimed at making India a biz friendly destination

Gujarat is Narendra Modi’s bastion and the Prime Minister was in full flow on his familiar Vibrant Gujarat dais. Speaking after US Secretary of State, John Kerry, Modi spelled out his macro plans and wooed the global investors to take India seriously as a business designation.

Modi laid special emphasis on infrastructure investment saying that road development and modernization of railways was of utmost importance. He also said that in order to execute the infrastructure plan a fast track PPP mechanism is being put in place.

To the global investors Modi again went back to the term he had coined during is US visit. He said democracy, demography and demand (3Ds) can only be found together in India. He added that his government was committed to ease the business atmosphere in India and that they were working towards single window clearance at the Federal and State levels.  He added that this would be a top priority of the newly re-christened NITI Ayog.

The Prime Minister said that his government has been successful in changing the gloomy atmosphere surrounding the country in his short tenure of seven months.
Raising concerns about the fluctuations in the global economy he said that every country has to find ways for economic stability and recovery.

There was some usual rhetoric but the Prime Minister had a reason for that. He said that hype keeps the government machinery on its toes and helps achieve targets.