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Seminar on ‘Financing for Future Growth’ held in presence of Gujarat CM Anandiben Patel

India’s Finance Minister Mr. Arun Jaitley today asserted the government’s resolve to take fast decisions to ensure fast implementation of a slew of projects being undertaken for fast growth of the country.

Speaking as the chief guest at the seminar on ‘Financing for Future Growth’ on the second day of the Vibrant Gujarat Global Summit-2015 held here in presence of Gujarat Chief Minister Mrs. Anandiben Patel, Mr. Jaitley said the initiatives taken so far has attracted a number of countries from across the world converging at the VGS-2015 pledging investment.

The Union Minister said the government decision to build 100 smart cities will create a new identity of India in the world. He said that Chandigarh is the first smart city, besides Gujarat’s capital city of Gandhinagar, the New Raipur and Noida in the National Capital Region (NCR) being the other ones.

Gujarat’s Finance Minister Mr. Saurabh Patel said that the GIFT City project undertaken by Prime Minister Mr. Narendra Modi as the then Chief Minister of the State few years back would make Gujarat as the Financial Hub of India with GIFT City promising a bright future of the country. Gujarat is also progressing fast on cotton and textiles sector. He said the Dholera Special Investment Region (SIR) would set new benchmark in the lexicon of development.

The Chief Economic Advisor to the Ministry of Finance Dr Arvind Subramaniam said that Government of India has implemented several projects in the Agriculture, Industry and Service sectors. He said that Gujarat is not only a model state for foreign investors but also has magnetic effect. He wished other states emulate Gujarat.

Union Financial Services Secretary Mr. Hasmukh Adhia gave a glimpse of India’s present economic scenario and future planning.

On this occasion, 12 MoUs concerning financial sector were signed. They included Master Card Asia Pacific, ICICI Bank, Bombay Stock Exchange, Dr. KR Shah DK Shah Charitable Trust of Kheda, Sri Padmavati Online Servies Pvt Ltd of Ahmedabad, Bhaishri Rameshbhai Oza Shaikshanik Sanstha of Ahmedabad, PP Savani, Knowledge City, Mansi Surat, National Stock Exchange of India-Mumbai, Rai Foundation of Mathura Road-Delhi, Parul Group of Industries of Vadodara, State Bank of India and NABARD.

Others present on the occasion included Gujarat’s Minister of State for Law Mr. Pradeepsinh Jadeja, Minister of State for Agriculture Mr. Jasabhai Barad, senior officers of Finance Department, and representatives of various companies.

The seminar concluded with question-answer session concerning Centre-State issues replied by Union Finance Minister Arun Jaitly. Confederation of Indian Industries Director General Mr. Chandrajit Banerji proposed a vote of thanks.

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