Prime Minister Narendra Modi will be attending eight different events during his visit to Gujarat for the eighth edition of the Vibrant Gujarat Global Investors’ Summit (VGGIS, 2017). The event, scheduled to be held from January 9-13 next year, is expected to be “biggest so far”. It will see Union Finance Minister Arun Jaitley spearhead a crucial discussion on Goods and Services Tax (GST).
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Sharing the details of events for the Vibrant Gujarat summit, Gujarat Chief Secretary Dr J N Singh and Additional Chief Secretary (Industry and Mines) P K Taneja Saturday said that PM Modi will arrive in Gujarat on January 9. He will first visit Gandhinagar and participate in the ground-breaking ceremony for redevelopment of Gandhinagar railway station.
“As the first pilot project of upgradation of railway stations, the PM will be attending the ground-breaking ceremony of Gandhinagar railway station (a stone’s throw away from Mahatma Mandir, the venue of Vibrant Gujarat), where hotels will be built above a multi-storied railway station,” Dr Singh said, addressing mediapersons in Ahmedabad.
Modi will attend three more events the same day, which includes inaugurating the Vibrant Gujarat Global Trade Show (organised on the sidelines of the biennial Vibrant Summit). The PM will later head to GIFT City Campus in Gandhinagar. “He will open Bombay Stock Exchange’s international stock exchange possibly with an electronic gong,” the official added.
Thereafter, Modi will visit Gujarat Science City campus in Ahmedabad where he will inaugurate a five-week-long Nobel Laureate exhibition and symposium. He will also be participating in a round-table with 8-10 Nobel Laureates who have been invited for the event.
On January 10, PM will hold one-to-one meetings with global dignitaries participating in the summit. Thereafter, he will inaugurate VGGIS around 3:30 pm. Then, he will attend a Global CEO roundtable in which 30 CEOs of Fortune 500 companies are expected to attend. “About 15 CEOs have confirmed,” Taneja said without divulging their names. Later, Modi will participate in a gala dinner before leaving for New Delhi. Finance Minister Jaitley will address a symposium on “GST: The Game changer for Indian Economy” on January 11.
‘Vibrant MoUs have 66%success rate’
Taneja, in his address, claimed that Gujarat has so far inked 50,738 MoUs since 2003, when the event — a brainchild of Modi — was first held. Of the total MoUs signed at these biannual events, over 66 percent or 34,234 MoUs have been implemented or are in various stages of implementation, the official claimed.
‘No effect of demonetisation on summit’
Asked if there was any effect of demonetisation on the VGGS 2017, Dr Singh said, “I do not see any effect of demonetisation on Vibrant Summit. On the other hand, there might be a positive impact. There might be people interested in digital economy and services sector who might come forward (for signing MoUs). Demonetisation is a temporary phase and those who come to Vibrant Gujarat for investments are looking at a long-term horizon. We expect more people to come and participate this time.”
Involvement of Centre, other states
“The Government of India is strongly involved (in the VGGS). The Department of Industrial Policy & Promotion (DIPP) is working with us, step-by-step; they are guiding and helping us… The Ministry of External Affairs is helping us with political and business delegations. The Department of Biotechnology is helping us in arranging the first Nobel Laureate summit in the country,” Dr Singh added. Among the states who have shown interest in participating, only Arunachal Pradesh has sent a confirmation. “There is a lot of interest among north-eastern states,” the official added.