CM shares his views on good governance, global and national economy at AIMA

Published By : Admin | August 17, 2012 | 23:44 IST

CM shares his views on good governance, management,

global and national economy at a programme held by

All India Management Association

In a programme held by All India Management Association (AIMA) in Ahmedabad today Chief Minister Narendra Modi gave inspiring answers and shared his views on the questions posed by management experts on various subjects including good governance, management and economic growth.

Here are the excerpts of views the Chief Minister shared during the programme.
  • Gujarat has made a great repute for its economic growth. Vibrant Gujarat Global Investors’ Summit (VGGIS) is now being dubbed as ‘Dawos in action’. With VGGIS, Gujarat’s aim has not remained limited to merely attracting foreign investment, but to create a global business hub where other states and countries can take part and benefit from it.
  • In the field of solar energy and renewable energy Gujarat has played role of a ‘game changer’. When Gujarat came up with its own solar power policy for the first time in the country, it announced to buy solar power at Rs.13 per unit. This was the time when coal and gas based power was available at around Rs.3 per unit. The central government afterwards announced its solar policy and fixed its solar power purchasing rate at Rs.19 per unit. Obviously, for Gujarat it was difficult to stand against the Centre’s higher purchase rate. But, due to its high repute Gujarat has by now already dedicated to nation 750 MW solar power production capacity, whereas the Centre has still managed a meager 120 MW. Day by day, the rates of coal and gas based power is increasing while the rates of solar power is decreasing. In some near future, the rates for both the types of power will come to same at about Rs.5 per unit. Thus, with its courageous move, Gujarat has proved a game changer in the field of solar energy.
  •  Gujarat has shown new path to the world in generating power by installing solar panels on Narmada canals. Now the state has undertaken research with a view to generate a combined hydro-solar power by putting micro turbine in canal water.
  • The secret of success of ‘team-Gujarat’ is its efficiency.
  •  Leadership has to be such that encourages the teamwork and brings out best of every team members by giving them complete freedom and by giving opportunities to them to demonstrate their caliber.
  • Governance in the State has to be policy-driven. People’s participation is needed to bring transparency in policy implementation. If the gray area could be kept to a minimum, there is almost no chance for corruption or discrimination.
  •  Technology has brought transparency in administration. The income of Gujarat’s Bhilad RTO check post is Rs.762 crore more than the adjacent Aachhad check post of Maharashtra. The drastic difference between the incomes of two check-posts, locating adjacent on the same national highway, is a result of technology based e-governance of Gujarat.
  •  A powerful information technology network is needed as a prerequisite, if the Central government wishes to properly implement CST. This is not becoming possible because of lack of electricity in all areas. This must be given prime importance. Former Finance Minister Pranav Mukherjee admitted the necessity of this setup.

  • In the world’s top 25 investment zones, Dahej of Gujarat is the only one from India.
  • If somebody sweeps away filth, he is doing service to the nation. My responsibility is to take care of the prosperity of the six crore Gujaratis. As the Gujarat is a part of this nation, the service of Gujarat is the service of nation.
  • In order to progress in this competitive manufacturing sector of the world, one must need to earn repute in zero defect manufacturing and best packaging technic. Today, in every vehicle of the world, one or the other part is of Gujarat.

  • Gujarat government has constructed a building in Maninagar to establish a university for human resource development for the field of urban infrastructure, urban management and urban development. But, the bill for the same is not getting the Governor’s approval.
  • Gujarat has a 1600 km-long seacoast. Gujarat is best suitable for setting up of a marine engineering and coastal management institute. But the central government keeps discrimination towards Gujarat and is not giving nod to Gujarat’s proposal.
  •  Gujarat government desires to set up a medical college in every district. The government has also added 5000 seats of medical education.
  • Government of India should form ‘hospital bed insurance benefit policy’ for the patients.
  • Skill development courses along with formal degree education for youths is the best means to eliminate unemployment. Gujarat has introduced about 986 skill development courses.
  • The strategies of low-cost manufacturing, effective governance and best infrastructure must be implemented if we want to turn the global recession into an opportunity. Gujarat is moving ahead in that direction.
  • I am also a human being. In 2001, I gave promise that though I might commit mistakes in my work, my deeds will never be motivated by ill-will. I have kept this promise…I have spared no efforts in doing my work…there is no blot on me of taking any personal benefits…of course, there is no end to political allegations and spreading of falsehood… faith and blessings of six crore people of Gujarat is with me… My whole focus is on the welfare of Gujarat.

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List of Outcomes: Prime Minister of Japan’s visit to India for the 16th India-Japan Annual Summit
July 02, 2026
Sl. No.OutcomeDescription
1. India-Japan Joint Declaration on Economic Security Promotes project-based collaboration for enhancing joint resilience in key sectors including semiconductors, critical minerals, information and communication technology including AI, clean energy and pharmaceuticals. India-Japan Fact Sheet 2.0 captures growing India-Japan G2G and B2B engagement in this crucial area.
2. India-Japan Joint Statement on Cooperation in the Field of Artificial Intelligence Elevates the India-Japan relationship to a strategic research and development partnership in the AI domain. Building on the India-Japan AI Initiative, the Joint Statement provides a roadmap for greater cooperation across the entire AI technology stack in pursuit of the shared vision of safe, secure, trusted, inclusive, and human-centric AI.
3 Joint Statement on Energy Resilience (between MoPNG and METI, Japan) Strengthens cooperation in strategic stockpiling and reserve mechanisms for crude oil and petroleum products. Promotes collaboration in joint investments across the maritime energy transport value chain.
4. Celebrating the 75th Anniversary of India-Japan Diplomatic Relations Outlines a series of commemorative events to celebrate 2027, the 75th anniversary of establishment of diplomatic relations, as the India-Japan Year of Shared Horizons
5. Memorandum of Cooperation for India-Japan Cooperative Biogas for Growth (CBG) Initiative Promotes cooperation towards the goal of establishing 1,000 biogas and organic fertilizer plants all across India, leveraging the extensive network of dairy cooperatives.
6. Memorandum of Cooperation in the Field of Batteries Promotes cooperation in battery-related projects and expands business opportunities with an aim of building a trusted, resilient and sustainable battery supply chain.
7. Memorandum of Cooperation in the Field of Pharmaceuticals and Medical Devices Sector Strengthens pharma supply chains, including in Active Pharmaceutical Ingredients (APIs) and Key Starting Materials (KSMs), through promotion of bilateral investment and business linkages, technical collaboration and industry-academia collaboration.
8. Memorandum of Cooperation in the Field of Geology and Mineral Exploration Strengthens cooperation in upstream critical minerals exploration through exchange of technical expertise.
9. Memorandum of Cooperation between IndiaAI Mission and Ministry of Economy, Trade and Industry (METI), Japan Promotes institutional cooperation between IndiaAI Mission and Japan’s GENIAC initiative – through B2B matchmaking, webinars on AI policies and challenges and support for joint projects through access to computing resources
10. Memorandum of Cooperation on Next Generation Mobility Partnership (NGMP) Establishes a framework for operationalizing the Next Generation Mobility Partnership (NGMP) which was announced at the 15th Annual Summit in August 2025. The NGMP would accelerate private sector-led cooperation and investment in mobility sectors including rail, automotive and road infrastructure, aviation, shipbuilding and ports, logistics, and urban development, positioning India as a hub for “Make in India for the World” exports to third countries.
11. Memorandum of Understanding between India’s Centre for Cellular and Molecular Platforms (C-CAMP) and RIKEN, Japan Establishes a framework for academic, translational research and start-up oriented innovation in deep-tech and life sciences, covering healthcare, agriculture and environment.
12. Memorandum of Understanding between National Center for Biological Sciences-Tata Institute of Fundamental Research and RIKEN, Japan Creates a framework for cooperation in basic biological and neuroscience research between the two leading research institutions
13. Memorandum of Understanding between IIT Bombay, BharatGen Technology Foundation and National Institute of Informatics, Japan Furthers collaboration on large language models (LLMs), with a focus on developing LLMs for enhanced scientific reasoning, through joint research exchanges
14. Memorandum of Understanding between SarvamAI and Preferred Network on LLM Development Creates a framework for cooperation across the full AI technology stack, including foundation models.
15. Memorandum of Understanding Between National Internet Exchange of India (NIXI) and Japan Network Information Center (JPNIC) Promotes cooperation in National Internet Registry operations, IPv6 adoption, internet security improvements, capacity building, student/professional exchanges and exchange of views on internet governance at regional and global forums.
16. Exchange of Letters Between International Financial Services Centres Authority (IFSCA) and Financial Services Agency, Japan (JFSA) Establishes a framework for cooperation in development, regulation and supervision of financial services as well as information exchange on financial-market trends and best practices, particularly in FinTech and RegTech.