Private sector accounts 73% of investments attracted by Gujarat: ASSOCHAM

Of the total outstanding investments attracted by the state of Gujarat worth over Rs 14 lakh crore as of December 2012, foreign and domestic private sources account for over Rs 10 lakh crore thereby registering a share of about 73%, according to a just concluded analysis by apex industry body ASSOCHAM.

Besides, acquiring a share of about 14% in the total outstanding private sector investments worth over Rs 75 lakh crore (including both domestic and foreign private sources), Gujarat has ranked on top for attracting maximum private investments across India as of December 2012, according to a sector specific analysis titled 'Composition of Outstanding Investments Across States,' carried out by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

"With investment proposals worth over Rs 75 lakh crore, the private sector accounts for over 62% of the total outstanding investments attracted by India worth about Rs 122 lakh crore during the aforesaid period," said Ms Bhagyesh Soneji, chairperson of the ASSOCHAM Gujarat Council while releasing the chamber's analysis.

"Interestingly, Gujarat's share in private investments across India has increased from about 12.5% in total private investments attracted by India as of June, 2012 to about 14% as of December 2012," said Ms Soneji. "This portrays the bureaucratic efficiency, infrastructure facilities and ease of land acquisition in Gujarat which has influenced the inflow of private investments that are mostly driven by profitability considerations."

Jharkhand, Haryana, Orissa and Chhattisgarh are other top states where private sector accounts for a share of about 70% and above in total investments attracted by the state.

With a share of about 12% in the total private sector investments attracted by India, Odisha ranks second with private investment commitments worth over Rs eight lakh crore. Besides, private sources account for over 75% of the total investments...

Comments

Maharana Pratap : Valour and Unbreakable determination personified

Maharana Pratap ( Source of image: rajputras.blogspot.in ) Contents Introduction of Maharana Pratap Childhood of Maharana Pratap Maharana Pratap's Coronation Unbreakable oath to free 'Motherland' by Maharana Pratap Battle of Haldiighat: Supreme fighter 'Maharana Pratap.' Severe destiny of Maharana Pratap Devotion of Bhamashah towards Maharana Pratap Last Wish of Maharana Pratap Introduction of Maharana Pratap Maharana Pratap is a name worth remembering to begin one’s day with. His name is engraved with gold among the list of valiant kings who protected the Nation, Dharma, Culture and Freedom of this country by sacrificing his life! This is a holy remembrance of his valor! Who does not know the name of the great king of Mewar, Maharana Pratap Singh? In the history of India, this name has always proved to be motivating for qualities like valor, bravery, sacrifice and martyrdom. Many brave warriors like Bappa Rawal, Rana Hamir, Ra

5 Ways How Modi Enhances Women Entrepreneurship in Gujarat

Bangalore: Nurtured with evergreen simplicity, the women of Gujarat have flourished with decades of hard work and dedication. Lijjat Papad (a handmade thin, crisp circular shaped Indian food, served as an accompaniment in Indian meals) is a unique example of which a small group of women have given their time to make a worthy organization of trust and productivity. Narendra Modi the Chief Minister of Gujarat recently spoke at the Federation of Indian Chambers of Commerce and Industry (FICCI), citing examples of entrepreneurial roles played by women. In his talk, he has expressed deep appreciation for the great wonders women have made since years together. Let us take a look at power of entrepreneurship according to Modi that has existed in the History of Gujarat as listed out by Economic Times. #5 Handicrafts The state of Gujarat is blessed with rich traditional handicrafts. Right from needle works to tie and dye (Bandhini), Gujarat celebrates a wide variety of famous handicr

The concept of 33 koti devata in Hinduism!

The concept of 33 koti devata in Hinduism: The Vedas refer to not 33 crore Devatas but 33 types (Koti in Sanskrit) of Devatas. They are explained in Shatpath Brahman and many other scriptures very clearly. "Yasya Trayastrinshad Devaa Ange Sarve Samaahitaa, Skamma Tam Bruhi Katamah Swideva Sah”. ~(Atharva Veda 10-7-13) Which means: with God’s influence, these thirty-three (supporting devta) sustain the world. In Brhadaranyaka Upanishad while discussing Brahman, Yajnavalkya is asked how many gods are there. He says that there are three hundred and three and three thousand and three gods. When the question is repeated? He says, thirty three. When the question is again repeated he says, six. Finally, after several repetitions he says ONE. (Chapter I, hymn 9, verse 1) The number 33 comes from the number of Vedic gods explained by Yajnavalkya in Brhadaranyaka Upanishad – the eight Vasus, the eleven Rudras, the twelve Adityas, Indra and Prajapati. (Chapter I, hymn 9, verse 2

HINDU Terminal...!

Search This Blog