Tsunami of money came in Gujarat, now so much investment will come, 166 countries will be left behind - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

Breaking

Saturday, January 13, 2024

Tsunami of money came in Gujarat, now so much investment will come, 166 countries will be left behind


Chief Minister Bhupendra Patel said that during the 10th edition of Vibrant Gujarat Global Summit 2024, MoUs were signed for 41,299 projects with investment proposals worth Rs 26.33 lakh crore. Patel made the announcement in a post on Twitter at the end of the three-day summit in Gandhinagar.

The echo of Vibrant Gujarat is now being heard even in foreign countries. Even though Tesla may not have come to this event, domestic and foreign companies have poured money into Gujarat. Gujarat CM himself has given this information on Twitter earlier. He has said in his post that MoUs for investment of Rs 26.33 lakh crore i.e. 317 billion dollars have been signed in Vibrant Gujarat. In fact, this amount is more than the GDP of 166 countries in the world. Yes, which includes many European, Asian and African countries. Pakistan's 6 year budget will also be completed with this amount. Let us first look at the figures of that tweet by Gujarat CM Bhupendra Patel and try to understand them.

How many investment MOUs were signed?

Chief Minister Bhupendra Patel said that during the 10th edition of Vibrant Gujarat Global Summit 2024, MoUs were signed for 41,299 projects with investment proposals worth Rs 26.33 lakh crore. Patel made the announcement in a post on Twitter at the end of the three-day summit in Gandhinagar. He said that if the MoUs signed in the VGGS to be held in 2022 are added, this figure will exceed Rs 45 lakh crore, which will include a total of 98,540 MoUs.

He said in his post that under the guidance of Honorable Prime Minister Shri Narendra Modi, Vibrant Gujarat Global Summit 2024 has created a new record. In the Vibrant Summit postponed due to the Corona epidemic in the year 2022, MoUs worth Rs 18.87 lakh crore were signed in 57, 241 projects. In this 10th edition of Vibrant Summit held in January 2024, MoUs have been signed for investment of Rs 26.33 lakh crore in 41,299 projects. In this way, Gujarat has achieved the historic feat of MoUs for a total of 98,540 projects for an investment of more than Rs 45 lakh crore.

CM said in his next post that Vibrant Gujarat Global Summit 2024 organized with the theme of Gateway to the Future, through various MoUs in the new age emerging sectors Semiconductor, E-Mobility, Green Hydrogen, and Renewable Energy, the Honorable Prime Minister Shri Will be at the forefront in realizing Narendra Modi ji's vision of Developed India @ 2047.

Investment more than GDP of 166 countries

According to CM Bhupendra Patel's tweet, MoUs worth Rs 26.33 lakh crore have been signed in Vibrant Gujarat. If this amount is converted into dollars then it will be more than 317 billion dollars. The surprising thing is that the GDP of 166 countries of the world is not even 317 billion dollars. According to IMF, Finland's GDP is about 306 billion dollars. The GDP of countries like New Zealand, Greece, Qatar, Hungary, etc. is less than 250 billion dollars.

Equal to Pakistan's 6 year budget

The special thing is that this amount is equal to the budget of Pakistan for 5 to 6 years. Rs 26.33 lakh crore is equal to Pakistan's Rs 88 lakh crore. Pakistan's budget for the financial year 2023-24 was Rs 14.33 lakh crore. If this is taken as the basis, then this amount is equal to the budget of Pakistan for 5 to 6 years.

No comments:

Post a Comment