NE BUSINESS BUREAU
NEW DELHI, DEC 18
Gujarat has been focussing on Industry 4.0 and also on an innovation-driven ecosystem, Chief Minister Vijay Rupani said on Friday.
Live : Foundation Week 2020
GUJARAT: The Growth Engine and its
Contribution towards Achieving US$5 Trillion Economy for New Indiahttps://t.co/XQGy2m6mqv— Vijay Rupani (Modi Ka Parivar) (@vijayrupanibjp) December 18, 2020
Addressing a webinar organised by the Assocham, Rupani said the state’s new industrial policy and the Atmanirbhar Bharat initiative will help give pace to the state economy.
Gujarat is committed to a stable social and political environment, he said adding that the state government has taken a series of business-friendly steps to create a conducive environment for investors.
He said the state has taken major steps to promote the development and generate employment, besides having value addition in different sectors.
“Gujarat has been focussing on Industry 4.0, its research and also the innovation-driven ecosystem,” Rupani added.
Rupani said that when the global economy showed a decline by 2-4 per cent, Gujarat grew at over 10 per cent.
He said that last year, Gujarat has posted a growth of 13 percent. The state has the lowest unemployment rate in the country, he said citing the National Statistical Office”s survey report. Currently, the unemployment rate is 3.4 per cent, he said.
Rupani said that for the past few years, investors from many countries, particularly the US, Japan, Singapore, the Netherlands, Germany, South Korea and France, have invested in the state. Gujarat also has bagged 33 percent of the total foreign direct investment, he noted.
He said that of the Fortune 500 companies, over 100 companies have their presence in Gujarat.
Gujarat Govt has approved various water supply schemes worth Rs.1500 crore for Valsad, known as Cherrapunji of Gujarat, that will not only retain the rainwater flowing down to the sea but will ensure adequate drinking water supply across the district – CM Shri @vijayrupanibjp pic.twitter.com/XYWXxEWuFh
— CMO Gujarat (@CMOGuj) December 18, 2020
Ahmedabad-Rajkot rail link for high-speed trains on anvil
The Gujarat government in collaboration with the Indian Railways will lay a new Ahmedabad-Rajkot Railway Link dedicated for high-speed trains and the route will be linked to the Ahmedabad-Mumbai bullet train project, a senior official said on Friday.
The Centre, as well as the Gujarat government, have given in principle approval to the project, Additional Chief Secretary in Gujarat Chief Minister”s Office (CMO), M K Das, said.
He announced during a presentation on Gujarat at a virtual conference held on Friday under the ASSOCHAM Foundation Week programme. Gujarat Chief Minister Vijay Rupani was also present.
“The Gujarat government, in partnership with the railways, will start a new work- Ahmedabad Rajkot Railway Link-, which would not be a bullet train, but a very high-speed train. The train will reach Rajkot very fast,” Das said.
“This project has got in-principle approval of the Gujarat government and 10 days back, the Centre gave the same. The project was finalised during a virtual meeting in which Railway Minister Piyush Goyal was present,” he said.
“We will have a new railway line between Ahmedabad and Rajkot. And this high-speed railway line will be linked to the bullet train project between Ahmedabad and Mumbai,” he said.
This new project will enable people from the Saurashtra region in Gujarat to avail the services of the bullet train.
Though there are double-track railway lines between Ahmedabad and Rajkot at present, this new high-speed line will help reduce the travel time between the two cities.
As the new railway link will be connected to the bullet train project, those who want to go to Mumbai from Saurashtra will also find it convenient to travel in a short time.
However, Das did not reveal the cost of the project and the share of state and central governments for it.