Is Gujarat model a Miracle or a Disaster? : Indian Governance case study

Think School
24 Dec 202320:55

Summary

TLDRThe video outlines Gujarat's remarkable economic transformation over the last two decades. In 2001, Gujarat faced significant challenges, including a sluggish GDP, water scarcity, and an unfavorable business climate. However, through initiatives like the Vibrant Gujarat Summit, improved governance, infrastructure development, water management projects, and investor-friendly policies, the state became an industrial powerhouse. Today, Gujarat contributes significantly to India's exports, has a thriving agricultural sector, and attracts substantial investments. Key lessons highlight the importance of foundational governance, customer-focused strategies, and forward-thinking development for sustained growth.

Takeaways

  • 📈 Gujarat has experienced rapid economic growth over the past two decades, with significant structural changes, turning it into one of the most progressive states in India.
  • 🔥 In 2001, Gujarat faced severe challenges, including a devastating earthquake and riots, which led to loss of life and destruction of infrastructure.
  • 🏭 The Vibrant Gujarat Summit, launched in 2003, played a pivotal role in attracting domestic and foreign investments, with investments growing from ₹66,000 crores in 2003 to ₹12.34 lakh crores in 2011.
  • 🖥️ Gujarat implemented the Single Window Clearance system, simplifying business approvals and reducing the time for project clearances from several months to just days.
  • 🏞️ The state tackled its water crisis through major canal projects, such as the Narmada Canal, which helped irrigate drought-prone regions, boosting agricultural productivity.
  • ⚡ Gujarat resolved its power crisis by modernizing its power grid and improving infrastructure, leading to profitable state electricity boards and uninterrupted power for industries.
  • 🌍 Gujarat became an industrial hub, with 60 Special Economic Zones (SEZs) by 2010, attracting major companies like Reliance, Adani, and Tata Motors, which set up large manufacturing plants.
  • 🚗 Tata Motors famously relocated its Nano factory from West Bengal to Gujarat due to the state's swift land acquisition processes and business-friendly environment.
  • 🏙️ Mega projects like GIFT City and Dholera Special Investment Region positioned Gujarat as a future-ready state for global financial and manufacturing industries.
  • 💼 Gujarat's government focused on being customer-obsessed, prioritizing the needs of businesses to ensure ease of operations, which ultimately transformed the state's economy and improved the lives of its residents.

Q & A

  • What were some of the major challenges Gujarat faced in the early 2000s?

    -Gujarat faced several challenges in the early 2000s, including a severe earthquake in 2001, riots in 2002, a poor power supply system with frequent outages, water scarcity in several regions, and a slow and cumbersome business clearance process.

  • How did Gujarat address the water scarcity issue in the state?

    -Gujarat implemented major canal projects to bring water from the Narmada River to water-scarce regions like Kutch, Saurashtra, and North Gujarat. These included the Narmada Main Canal, the Sujalam Sufalam Yojana, and the Saurashtra Narmada Avtaran Irrigation Yojana, which transformed drought-prone regions into agriculturally productive areas.

  • What was the purpose of the Vibrant Gujarat Summit, and how did it contribute to the state's growth?

    -The Vibrant Gujarat Summit, initiated in 2003, aimed to attract both Indian and foreign investment to the state by showcasing its business-friendly environment. It has been held every two years, and over time it attracted significant investments that contributed to Gujarat's economic growth.

  • How did the Single Window Clearance System help businesses in Gujarat?

    -The Single Window Clearance System allowed businesses to submit all necessary applications through a centralized online portal, significantly speeding up the approval process by handling multiple departments simultaneously. This helped reduce the time for business clearances from months or even years to a few days.

  • What role did the land banking system play in Gujarat’s industrial development?

    -The land banking system pre-acquired land for future industrial projects, ensuring that companies could quickly access land when needed. This minimized the delays caused by land acquisition negotiations and made Gujarat an attractive destination for large-scale industrial projects.

  • How did Gujarat solve its power deficit and turn its electricity board profitable?

    -Gujarat modernized its electricity infrastructure, reduced transmission losses, and renegotiated interest rates with banks. As a result, the Gujarat State Electricity Board moved from a large loss in 2000 to posting its first profit in 2005, and continued to grow its profits in the following years.

  • What impact did Tata’s decision to move its Nano plant to Gujarat have on the state's industrial landscape?

    -Tata’s decision to move the Nano plant to Gujarat in 2009, thanks to the swift land allocation, brought significant industrial development, provided jobs to 6,600 people, and established Gujarat as a major hub for the auto industry.

  • What are the Gift City and Dholera projects, and how do they contribute to Gujarat’s future economic growth?

    -Gift City is India’s first International Financial Services Center, allowing companies to conduct international financial transactions within India. Dholera is a planned smart city designed to be a global manufacturing and trading hub, with modern infrastructure and single window clearance systems. Both projects are key to Gujarat’s long-term economic growth and global competitiveness.

  • What lesson can other states in India learn from Gujarat’s growth model?

    -Other states can learn the importance of getting the basics right—such as addressing infrastructure, water, and power issues—before aiming for large-scale industrial growth. Gujarat’s focus on solving core governance problems, combined with its proactive business policies, created an environment conducive to investment and growth.

  • What role did the improvement of infrastructure, such as roads and ports, play in Gujarat’s development?

    -Improving infrastructure, including roads and ports, helped attract industries by providing better connectivity for transport and trade. This improvement was crucial in making Gujarat a hub for exports and industrial production, contributing to the state’s economic prosperity.

Outlines

00:00

🚀 Gujarat's Economic Transformation Over Two Decades

The first paragraph highlights Gujarat's rapid economic development over the past two decades, marking a significant transformation in its GDP and industrial output. From a state facing water scarcity and low agricultural growth, Gujarat managed to multiply its GDP by 2,349%, becoming the fourth-largest state in India by GDP. This growth was driven by solving governance issues and attracting industrial investments. Key achievements include 77% of India's petroleum exports and 33% of drug manufacturing originating from Gujarat.

05:00

💥 Gujarat's Dark Days: Earthquake, Riots, and Economic Losses

The second paragraph focuses on the challenges Gujarat faced between 2001 and 2002. A devastating 7.7 magnitude earthquake and the 2002 Godhra train burning riots led to widespread destruction and economic loss, estimated at $4.5 billion. The damage to infrastructure and businesses, coupled with investor skepticism, was compounded by problems like power outages, a water crisis, and bureaucratic hurdles, making it difficult for businesses to operate in the state.

10:04

🏗️ Key Reforms: Business-Friendly Policies in Gujarat

This paragraph describes how Gujarat implemented several reforms to create a conducive environment for businesses post-2001. The 'single window clearance system' streamlined the process for setting up businesses by centralizing applications and setting deadlines for government approvals. The government also introduced a 'land banking system' to pre-acquire land, reducing delays for industries. This attracted major investments from companies like Tata Motors, which relocated the Nano factory to Gujarat in just 15 days.

15:04

🚰 Tackling Water and Power Challenges in Gujarat

Gujarat overcame its water crisis by constructing major canal systems, including the Narmada main canal, Sujalam Sufalam Yojana, and Saurashtra canal projects. These initiatives transformed water-scarce regions into thriving agricultural zones. Additionally, Gujarat addressed its power issues by modernizing its electricity board, reducing transmission losses, and building new power plants, leading to a financial turnaround from losses to profits. These infrastructure developments set the foundation for Gujarat's industrial growth.

20:06

🏙️ Mega Projects: GIFT City and Dholera Special Investment Region

The final paragraph outlines Gujarat's ambitious mega projects aimed at future economic growth. GIFT City, an international financial hub, allows companies to raise capital and conduct international financial transactions without relying on foreign financial centers. The Dholera Special Investment Region is poised to become a global manufacturing and trading hub with advanced infrastructure and connectivity. These projects showcase Gujarat's forward-thinking governance and its commitment to becoming a global investment destination.

Mindmap

Keywords

💡Gujarat's Economic Growth

Gujarat's economic development over the last two decades is a central theme of the video. The state's GDP grew massively, transforming it into one of India's leading industrial states. This growth is attributed to reforms in governance, investment strategies, and infrastructure improvements. For example, Gujarat’s GDP shot up by 2,349% from ₹92,274 crores in 2001 to ₹22.6 lakh crores in 2023.

💡Vibrant Gujarat Summit

The Vibrant Gujarat Summit is a key initiative started in 2003 to attract investors to Gujarat. The event has grown significantly and helped boost the state's industrial sector. It became a platform for both Indian and foreign businesses to invest, with companies like Reliance and Tata Motors establishing significant projects as a result of these summits.

💡Single Window Clearance System

The Single Window Clearance System was introduced to streamline the process of setting up businesses in Gujarat. It allowed companies to submit all applications through a centralized portal, reducing the time for approvals from months to a matter of days. This was crucial for attracting industries to Gujarat, as it removed bureaucratic delays.

💡Land Banking System

The Land Banking System involved the government acquiring large plots of land and keeping them ready for industrial use. This reduced the waiting time for companies that needed land for factories and industries. For instance, Tata Motors chose Gujarat for its Nano factory because land was made available quickly, finalizing the deal in just 15 days.

💡Water Canal Projects

Gujarat faced significant water scarcity issues, particularly in regions like Kutch and Northern Gujarat. The government initiated major canal projects, such as the Narmada Main Canal, which transported water to drought-prone areas. This transformed agriculture in the region, boosting production and enabling industrial growth.

💡Power Sector Reforms

Gujarat’s power sector was in a dire state, with significant losses and frequent power outages in 2001. The government implemented modern technology, improved infrastructure, and renegotiated interest rates with banks to fix the problem. As a result, Gujarat’s State Electricity Board went from massive losses to generating profits by 2005.

💡GIFT City

GIFT City (Gujarat International Finance Tec-City) is a mega project aimed at making Gujarat a global financial hub. It allows companies to conduct international financial transactions in foreign currencies without relying on foreign financial centers like Singapore or London. By 2023, GIFT City handled $58 billion in banking transactions, showing its importance in India's financial landscape.

💡Dholera Special Investment Region

The Dholera Special Investment Region (SIR) is another ambitious project designed to become a global manufacturing and trading hub. It is a smart city with cutting-edge infrastructure, single-window clearance systems, and excellent connectivity to ports and railroads. This project is expected to attract massive investments in the coming years.

💡Tata Nano Project

The Tata Nano project is an iconic example of how Gujarat's efficient governance attracted major investments. When Tata Motors faced difficulties in West Bengal, Gujarat quickly provided land and support, leading to the establishment of the Nano car factory. This not only created jobs but also showcased Gujarat’s business-friendly environment.

💡Mega Projects

Mega projects like GIFT City and Dholera SIR are examples of Gujarat’s long-term vision to become a global industrial and financial hub. These projects involve large-scale infrastructure, advanced technology, and international investment, positioning Gujarat as a key player in both national and global markets.

Highlights

Gujarat has accelerated its overall economic development over the last two decades, witnessing several structural changes.

In 2001, Gujarat's GDP grew by only 1.1%, with agriculture facing severe challenges, including water scarcity.

Gujarat’s GDP skyrocketed by 2,349%, from ₹92,274 crores in FY 2001 to ₹22,60,000 crores in FY 2023, making it India's fourth-largest state by GDP.

Gujarat contributes 77% of India’s petroleum exports and 33% of its drug manufacturing capability.

Gujarat introduced the 'Vibrant Gujarat Summit' in 2003, attracting significant investments from both domestic and international companies.

One of Gujarat's major initiatives was solving critical issues in governance, such as power outages, water shortages, and bureaucratic red tape.

The state implemented a 'single window clearance system' to streamline business approvals, cutting down processing time significantly.

Gujarat pioneered the 'land banking system,' acquiring land in advance for future industrial use, reducing setup delays for businesses.

Water shortages were addressed by constructing canals that transported water from the Narmada River to water-scarce regions, transforming agriculture in Gujarat.

The power sector turnaround included modernizing infrastructure and reducing transmission losses, leading Gujarat's electricity board from a loss to a profit within five years.

By 2010, Gujarat had established 60 Special Economic Zones (SEZs), covering 31,900 hectares, offering tax breaks and reduced regulations to attract industries.

Major projects such as the Gujarat International Finance Tec-City (GIFT City) and Dholera Special Investment Region were launched to establish Gujarat as a global economic hub.

The GIFT City project allows companies to raise capital in foreign currencies within India, reducing reliance on financial centers like London or Singapore.

The Tata Nano factory relocated to Gujarat from West Bengal in just 15 days due to the state’s swift land allocation and business-friendly policies.

The state government emphasized solving investor pain points, such as land acquisition and business clearance, leading to Gujarat becoming a prime destination for investment.

Transcripts

play00:12

Gujarat in the last two decades has

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accelerated its overall Economic

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Development and has witnessed several

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structural changes in the course of its

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economic

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[Music]

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growth

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[Applause]

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Express this morning a hotel and other

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establishments were set on fire curfew

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has been clamped in many parts of Amad

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and

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[Applause]

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vodra this state is one of the most

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Progressive states in the country it's

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the fastest growing it has a government

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that that works I believe that as India

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takes its place in the world Gujarat

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will be one of its shining

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lights hi everybody Gujarat has been one

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of the most Progressive states of our

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country reference to develop and while

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most of us only know Gujarat as an

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economic Powerhouse of India very few

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people know that back in 2001 gujarat's

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GDP grew by only 1.1% the agricultural

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growth was just 1% and 1/3 of gujarat's

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villages were facing water

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scarcity farmers in South Gujarat are

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facing a Water Crisis due to inadequate

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rainfall but you know what in the next

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20 years Gujarat did something so

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incredible that its GDP shot up by

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2,349 from

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92274 crores in fi2 2001 to 22 60,000

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cror in fi23 and today Gujarat is the

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fourth largest state by GDP in India

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with such a massive industrial output

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that 77% of India's petroleum exports

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come from Gujarat 33% of India's drug

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manufacturing capability lies with

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Gujarat and it is the largest exporter

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state in the country which exports 33%

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of the total Goods of India and the

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reason why this happened is because

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Gujarat solved the most critical

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problems of governance that are

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paralyzing the entire country of India

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today that is why whether or not you

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like it Gujarat model is an inspiration

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for all states of India Gujarat welcomes

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you with open arms to this Summit an

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investor Summit that was started in 2003

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has now become an institution the Summit

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is known for its immense contribution to

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gujarat's growth and has also set an

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example globally my participation here

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reflects an increase involvement of the

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Tata group in in Gujarat every year the

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Summit is getting stronger

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larger and more vibrant so in this

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episode today let's do a deep dive and

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try to understand what was the economic

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condition of Gujarat in 2001 what was

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the strategy of the government that

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turned Gujarat into such a prosperous

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State what is so special about this

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vibrant Gujarat Summit and what are the

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lessons that other states of India need

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to learn from the rise of

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Gujarat

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episode

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this is a story that dates back to 2001

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during this time Gujarat was going

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through some catastrophic times a 7.7

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dor scale earthquake had just hit bu in

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Kat and left nearly 20,000 people dead

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then in 2002 riots broke out in Gujarat

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after the godra train burning incident

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and this turned into such a massacre

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that it left 1,000 people dead and over

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2,500 people injured in this incident

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every type of property was destroyed

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starting from Public Utilities all the

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way to even Industrial establishment in

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fact the total economic loss of this

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incident piled up to $4.5

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billion the earthquake in India has made

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headlines around the

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world at least 30,000 people have died

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in the earthquake more than a lack of

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people are homeless it was 2002 a train

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was set on fire in the city of godra and

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India saw its worst sectarian violence

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in years like in any Riot anywhere it's

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the poor who have been the worst hit the

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most victimized this was a reason why

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investors were very skeptical about

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investing in Gujarat on top of that even

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if you took up this image problem

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Gujarat was still a very difficult place

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to do business and this was because of

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three reasons the first reason was the

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terrible state of power in Gujarat back

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in 2000 the situation was so bad that

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the Gujarat State electricity board was

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generating a revenue of 6,280 cror and

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was facing a loss of 2,246 cror and in

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these losses interest costs alone were

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1,227 crores on top of that like many

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parts of India Gujarat faced frequent

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power outages due to load shedding so a

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manufacturing unit would have to Halt

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its production lines multiple times a

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day merely due to power Cuts this led to

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both inefficiencies and losses the

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second reason was the water problem of

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Gujarat

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farmers in South Gujarat are facing a

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Water Crisis due to inadequate rainfall

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Long cues scorching heat and thousands

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thirsting for water to tell you about it

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there are five regions of Gujarat kach

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North Gujarat Central Gujarat sashtra

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and South Gujarat and out of these five

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regions three regions were water

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deprived these regions were kach sashtra

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and Northern Gujarat and their condition

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was so bad that between 1950 and 2000

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almost 26 years would declared to be

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drers so without water neither

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agriculture nor industrial growth was

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possible this was the second problem of

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Gujarat and lastly in spite of all these

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challenges even if a company was willing

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to be set up in Gujarat it was nothing

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short of a headache even after getting

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the certificates the investor needed to

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approach at least six departments for

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clearance including environment Road

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water and power this process itself took

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over 6 months to sometimes even one full

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year now you tell me if you wanted to

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set up a plan by investing 500 crores

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and you're made to wait for one year

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just for clearance would you wait no

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right you could just move to another

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state this was the pathetic condition of

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Gujarat so in spite of liberalization it

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was very difficult to do business and

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then you had other problems like Road

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and infrastructure connectivity in the

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state these were the massive challenges

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that Gujarat faced in 2001 and 2002 and

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earthquake riots a tarnished image due

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to the riots a terrible power condition

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lack of roads and a clearance system

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that made it very difficult for

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businesses to be set up then the

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question is what exactly happened post

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2001 that today Gujarat has become an

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engine for economic growth Gua in the

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last two decades has accelerated its

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overall Economic Development it is a

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land whose Destiny has been shaped by

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trade and commerce for a state that's

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seen an average growth rate of 11% over

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the past two decade Gujarat clearly

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knows how to do business Gujarat has

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been a Pioneer state Gujarat stands out

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different and perhaps better than

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anywhere else in the country well this

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is where Mr Modi introduced something

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called the vibrant Gujarat Summit which

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was a summit for businessmen and

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investors to convince them to invest in

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Gujarat this Summit has been held every

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2 years since 2003 and with each passing

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year the amount of investment that

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Gujarat has attracted has been

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absolutely crazy if you look at this

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chart in 2003 66,000 crores worth of

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proposed investment came in by 20 5 it

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was almost double to 1.06 lakh crores

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then it quadruped to 4 lakh crores and

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again almost tripled to 12.34 lakh

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crores and this investment came from

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both Indian and foreign companies for

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example in 2003 Reliance invested 10,606

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CR in Hira to set up the manufacturing

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plant of petrochemicals in 2007 ADI B

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invested 3,000 cror for its Financial

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Services project and in 2009 Tata Motors

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invested 5,50 crores to set up the

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iconic Nano Factory so the question is

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just because investors and mnc's were

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invited did they just invest in Gujarat

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well absolutely not they invested in

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Gujarat because with each passing 2-year

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Gap Gujarat laid Some solid foundations

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that made Gujarat the best place to

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invest and these developments can be

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summarized in four major categories the

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first thing they did was execute

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something called the single window

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clearance system and this is an iconic

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representation of how a classic

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capitalistic government is supposed to

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function now although the system existed

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back in 1990s the execution was made far

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better post 2001 so instead of a

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business waiting for 6 months to one

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year just to get clearance from the

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government the state introduced a

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centralized online portal where

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businesses could submit all their

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applications this portal was designed to

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cater to multiple departments

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simultaneously so you didn't have to

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approach each department separately and

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behind the scenes the single window

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clearance system ensured that once an

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application was submitted it was rooted

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to the relevant departments for

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approvals and the best part was that

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these departments had to process these

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applications within specified timelines

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because of which these processes became

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very fast and cherry on the cake the

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state government set up a dedicated

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support team just to assist the

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businesses in the application process so

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these teams provided guidance answered

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queries and ensured that the businesses

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had a smooth experience this is how

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Obsessed the government of Gujarat was

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in serving the businesses that wanted to

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come to Gujarat secondly they

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implemented something called the land

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banking system so long story short

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whenever an industry has to be set up a

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huge chunk of land needs to be acquired

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from existing landlords and since these

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lands are very vast the number of

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landlords are very high so all of them

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have to be convinced the negotiation

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needs to be done and several other

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formalities have to be done to set up

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the land for the industries this again

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takes anywhere between a few months to a

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year to happen but in the land banking

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system the government of Gujarat came

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out with a simple but genius strategy

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what the government did was the complete

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opposite so even if there was no Factory

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to be set up a land banking entity would

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acquire the land from the existing

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landlords and keep it ready so whenever

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a huge plant or factory has to be set up

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immediately the land is offered to the

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company because of which the weight

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times are reduced drastically and after

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a certain point the system of land

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processing became so fast that when

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ratan Tata wanted to move his plant from

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West Bengal to another state he had

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multiple offers from multiple States but

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he chose Gujarat specifically because

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Gujarat was able to offer the land

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quicker than any other state so you know

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what the Tata Nano deal was wrapped up

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in just 15 days and the factory was set

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up in Gujarat which provided employment

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to 6,600 people and paved way to the

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establishment of multiple autoc clusters

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in Gujarat in fact even recent projects

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like the 22,000 CR Tata Airbus

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manufacturing project is coming up in

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Gujarat instead of Maharashtra ratan

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tataa was forced to look elsewhere lest

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his dream of developing a people's car

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was derailed first it was singur and now

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it looks like is a small place in

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Gujarat where the nanofactory decided to

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relocate what made us decide to come to

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Gujrat was his promise that he would

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confirm the allotment of land and other

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facilities in a few days now a few days

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is a difficult thing to swallow in India

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because it often doesn't happen in this

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case a few days became three days

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Gujarat has landed a huge huge new deal

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that's worth 22,000 CR rupees Tata and

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Airbus will manufacture transport planes

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for the military in prime minister

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modi's home state this is how the

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government of Gujarat soled two major

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pain points of the investors which were

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land acquisition and clearance dealers

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the second thing that the government did

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was fix the water problem of Gujarat and

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like we saw back in 2000 Gujarat was

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facing a critical water problem so the

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question is how did the government of

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Gujarat fix the water problem of such a

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big

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state

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well as it turns out Gujarat had one

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major river NADA which used to flow in

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the southern part of Gujarat whereas

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sashtra Kat and Northern Gujarat faced

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water shortages because they did not

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have such a large water body so you know

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what the government initiated the

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construction of canals which took water

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from NADA to these water scarce regions

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this included three major projects the

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first project was the NADA main Canal

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which was back then the world's longest

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lined irrigation canal of 458 km and

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because of this canal today water from

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NADA reaches the remotest corners of

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kach the second project was the suam

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sufalam yoga which is a 332 km Canal

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Network designed to hydrate North

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Gujarat and

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Beyond and because of this canal over

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2.2 million Hees of land is now

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cultivable and because of this today a

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draw prone region has become a thriving

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agriculture Cal region and lastly for

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sashtra the government initiated

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something called the Soni yoga which

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filled the 115 dams of SRA region with

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excess flood water of the Sardar Sur Dam

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this is how the three draw prone regions

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of Gujarat were receiving sufficient

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amounts of water not just to drink but

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also for irrigation and Industrial

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purposes and this resulted into such an

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amazing agricultural output that the

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production of food grains increased from

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5.7 billion tons between 2002 to 7 to

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9.75 billion tons in 200 11 this is how

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the face of Agriculture was changed in

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Gujarat because of these wonderful Canal

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projects thirdly the power problem of

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Gujarat was fixed long story short the

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interest rates with the banks were

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negotiated modern technology was

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installed which reduced transmission

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losses from 35.27 to

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20.13% and more power plant were built

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to fix the power deficit and you know

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what because of this the state

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electricity Board of Gujarat posted its

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first profit of 203 crores in 2005 so

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they went from a loss of more than 2,000

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cror to a profit of 203 cror in just 5

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years and by 20101 the net profit was

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533 crores this is how Gujarat laid the

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foundations to become an industrial

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State and then came the standard

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procedures which are inviting investors

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and businesses and more importantly

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setting up special economic zones with

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tax breaks and less intrusive

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regulations so by June 2010 the

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government of India had given approvals

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to 60 SCS in Gujarat which was covering

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an area of 31,900 hectares but you know

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what guys in spite of becoming the most

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competent state in the country the

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government of Gujarat realized that they

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had just done the basics right which was

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fix the power problem and the water

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problem and here's why they realized

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that if they want to turn the state into

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a global investment destination they

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have to do something absolutely

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extraordinary so in order to embrace the

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opportunities for the next three decades

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the government of Gujarat considered

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building something called Mega projects

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and here's where we saw the rise of the

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gift City and the DOA special investment

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[Music]

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[Music]

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region for those who don't know before

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gift City if an Indian company wanted to

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raise capital in foreign currencies they

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needed to go to Financial Centers like

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like Singapore or London to issue dollar

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denominated bonds this was a tedious and

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costly procedure because they first had

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to comply with the London laws and then

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they had to pay a premium to be listed

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there and the cost of transactions legal

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compliance and other operational aspects

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in London or New York were very high but

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now in the gift City India allows

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companies to conduct International

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Financial transactions even in foreign

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currencies within India itself this has

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reduce the need for businesses to rely

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on foreign Financial Centers like New

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York Singapore or London and you will be

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stunned to know that by July 2023 the

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total banking transactions at gift

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International Financial Services Center

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has reached $58 billion US and the

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export of services went from $1 million

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in fi6 to $614 million in fy20 the

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second project is DOA which is expected

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to emerge as a global manufacturing and

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trading Hub over the next few years we

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will cover this project separately in a

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video because it is yet another crazy

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work that India is doing but long story

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short this is a smart city with a

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dedicated airport very well connected to

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Ports and rail has single window

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clearance system and most importantly it

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has the state-of-the-art infrastructure

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which makes it perfect for Industries

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this is how by starting from the basics

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with water and power Problem by fixing

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the clearance system of the government

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by solving the major paino of land

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acquisition for giant businesses by

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building Mega projects and most

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importantly by inviting industrialist

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and investors to the vibrant Gujarat

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Summit Gujarat has become one of the

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most prosperous states in the country

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and this iconic growth story teaches us

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three very very important lessons lesson

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number one always get the basics right

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before you aim for the sky in this case

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the government of Gujarat first laid a

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solid foundation by fixing the power

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problem the water problem and the land

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acquisition issue before they invited

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investors to come and invest in Gujarat

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lesson number two when a company's

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customer obsessed it can change the life

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of its employees and customers but when

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a government is customer obsessed it can

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change the life of an entire generation

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in this case because the government of

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Gujarat was obsessed with solving the

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problems of giant businesses they were

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able to come out with Visionary

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Solutions like the land banking system

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and the single window clearance system

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and because of these systems lacks of

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crores worth of Investments entered

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Gujarat and it changed the life of an

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entire generation in Gujarat and lastly

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always remember in the 21st century The

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Benchmark of great governance is no

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longer water and power supply but in

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crafting a future that is Equitable

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prosperous and resilient to the

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challenges of tomorrow in this case the

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government of Gujarat has gone way ahead

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after its basic development to build a

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fintech city and a super smart city like

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DOA in order to capture the

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opportunities of the next three decades

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this is the growth story of Gujarat and

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if you learned something fascinating in

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this case study please share this with

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as many people as possible that's all

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from my side for today guys if you

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learned something valuable please make

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sure to hit the like button in order to

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make you baba happy and for more such

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for watching I will see you in the next

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one

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[Music]

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bye-bye

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Etiquetas Relacionadas
Gujarat GrowthEconomic ReformVibrant GujaratBusiness InvestmentWater SolutionsPower InfrastructureLand AcquisitionIndustrial HubGujarat ModelMega Projects
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