Gujarat Chief Minister Shri Narendra Modi today strongly advocated for more appropriate Central Resource Funding to States for development.

While participating in a panel discussion session of the theme 'Development and Resource Security' during India Today Conclave : 2010 held in New Delhi, Gujarat Chief Minister categorically said that in a federal system of democracy, states should be strong enough to deliver goods and fulfill people's aspirations for development. The states have to bring results and development responsibilities but Centre holds the resources and more funding to accelerate development from Central resources is the need of the hour, he said.

Shri Narendra Modi also demanded proper compensation from the Government of India to ease the heavy burden of the implementation of Sixth Pay Commission for state government employees. He said that the entire burden of the Central Pay Commission recommendations had fallen on the states, whereas the 'Income Tax' income from increased pay packages of the government employees is going to Central exchequer only.

Gujarat has been awarded Two awards of India Today Conclave one for Best Fast Mover State in Agriculture and second for Best Rural Roads. The Vice-President of India Prof. M. Hamid Ansari gave away these awards to Gujarat CM.

Highlighting prudent financial management and fiscal reforms of Government of Gujarat, Shri Narendra Modi said that the development expenditure is more than double that of non-development expenditure. The state government has achieved appreciable development with efficient Finance management with unique growth strategy and innovative tax reforms.

Gujarat CM also highlighted new heights in Agriculture and quality change in rural economy. Gujarat agriculture growth rate is 12.8 per cent during last 5 years which is the highest in India and Gujarat farmers benefited immensely from successful campaign like KRISHI MAHOTSAV and Rain Water Harvesting Water Management. He stressed the need for Agro Infrastructure upgradation in the country.

Shri M.J. Akbar, Editorial Director, India Today chaired the panel discussions.

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PM to to address Infinity Forum 2.0 on 9th December
December 07, 2023
Infinity Forum is a global thought leadership platform on FinTech
Theme - ‘GIFT-IFSC: Nerve Centre for New Age Global Financial Services’

Prime Minister Shri Narendra Modi will address the second edition of Infinity Forum, a global thought leadership platform on FinTech, at 10:30 AM on 9th December, 2023 via video conferencing. Prime Minister will also address the gathering on the occasion.

The 2nd Edition of Infinity Forum is being jointly organized by the International Financial Services Centres Authority (IFSCA), and GIFT City, under the aegis of Government of India, as a precursor event to Vibrant Gujarat Global Summit 2024. The forum provides a platform, where progressive ideas, pressing problems, innovative technologies from across the world get discovered, discussed and developed into solutions and opportunities.

The theme of 2nd edition of Infinity Forum is ‘GIFT-IFSC: Nerve Centre for New Age Global Financial Services’, which will be dovetailed through the following three tracks:

  • Plenary Track: Making of a New Age International Financial Centre
  • Green Track: Making a case for a “Green Stack”
  • Silver Track: Longevity Finance Hub at GIFT IFSC

Each track will comprise of an Infinity Talk by a senior industry leader and a discussion by a panel of industry experts and practitioners from financial sector in India and across the globe, providing practical insights and implementable solutions.

The Forum will witness the participation by 300+ CXOs with strong online participation from India and global audience across 20+ countries including USA, UK, Singapore, South Africa, UAE, Australia and Germany. The event will also be attended by Vice-Chancellors from foreign universities and representatives of foreign embassies.