Gujarat bags Macro Economy Award, continues to register record economic surge

Published By : Admin | December 20, 2013 | 14:11 IST
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"Gujarat CM Narendra Modi’s able leadership turns State into economic powerhouse"

New Delhi: Gujarat has been awarded the “India Today State of the States Award for Macro Economy"  at the State of the States Conclave-2013 organized by the  India Today Group, on 20th December 2013 in New Delhi. The Award, on behalf of Government of Gujarat,  was received by Shri Ashim Khurana, Resident Commissioner and Principal Secretary (Narmada and Water Resources)  from Shri Jairam Ramesh, Union Minister for Rural Development.

Macro Economy Award

Gujarat Resident Commissioner, Shri Ashim Khurana receiving the “India Today State of the States Award 2013 for Macro Economy" from Shri Jairam Ramesh, Union Minister for Rural Development at the "State for States Conclave", organized by the India Today Group, in New Delhi on 20.12.2013.

Gujarat is one of the leading States in the Indian Federation and is often considered as an engine of national economic growth and a frontline performer in various sectors. Gujarat's robust economic growth relative to other States, gives Gujarat a place of prominence among the other States in the country.

Gujarat’s revenue collection has been strong in almost every sector. This impressive effort has converted Gujarat from a revenue deficient State to a revenue surplus State. The State, on account of its prudent financial management has also reduced its fiscal deficit significantly, well below the limit mandated by the Finance Ministry, while constantly increasing its development expenditure.

Investors prefer a Government that would focus on growth and implement policies that are investor friendly. Shri Modi’s stellar record of Governance in Gujarat , has convinced markets into believing that he is decisive and  can deliver results.

Assigning infrastructure development, as a priority sector, Shri Modi has implemented various infra-related projects in Gujarat, which have given a fillip to growth and has also demonstrated a model for Inclusive Growth amongst the Indian States. Gujarat's pioneering initiatives in various sectors such as Water Management, Disaster Management, Healthcare, Education, Women Empowerment, Rural Development, Industrial development, Investment promotion etc. have been applauded at National and at International level, and have  also been  replicated in some other States of the country.

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