Gujarat’s Growth Under PM Modi and CM Bhupendra Patel: A Model for Development
Gujarat Chief Minister Bhupendra Patel praised Prime Minister Narendra Modi for setting a global example in achieving high developmental goals with a ‘nation first’ approach. Speaking at the National Executive Meet of the Federation of Indian Chambers of Commerce & Industry (FICCI) in Ahmedabad, Patel highlighted India’s progress towards becoming the world’s third-largest economic power under Modi’s leadership.
Patel emphasized Gujarat’s transformation into a growth engine, citing its extensive road network and the development of its 1,600 km coastline into a maritime trade gateway. The Vibrant Gujarat Summit, launched in 2003, has positioned the state on the global trade map, attracting significant foreign direct investment (FDI).
He noted that Gujarat’s Gross State Domestic Product (GSDP) has grown from Rs1.23 lakh crore in 2001-02 to Rs22.3 lakh crore in 2022-23, with the manufacturing sector and power generation capacity also seeing substantial increases. Patel commended FICCI for its role in Gujarat’s growth and expressed confidence in achieving a developed Gujarat by 2047.
FICCI President Anish Shah praised Gujarat’s transformation under Patel’s leadership, highlighting its significant contributions to India’s GDP, exports, and industrial output.
Doubts Revealed
Gujarat -: Gujarat is a state in western India, known for its rich history, culture, and economic development. It is famous for its vibrant festivals and delicious food.
PM Modi -: PM Modi refers to Narendra Modi, the Prime Minister of India. Before becoming the Prime Minister, he was the Chief Minister of Gujarat.
CM Bhupendra Patel -: CM Bhupendra Patel is the Chief Minister of Gujarat, responsible for the administration and governance of the state.
FICCI -: FICCI stands for the Federation of Indian Chambers of Commerce & Industry. It is an association of business organizations in India that works to promote trade and industry.
GDP -: GDP stands for Gross Domestic Product. It is the total value of all goods and services produced in a country, showing how well the economy is doing.
Maritime trade -: Maritime trade involves the exchange of goods and services across the sea. It is important for a state’s economy as it allows for international trade and commerce.
