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Modi Vs Budhdev
by Atanu on Dec 18, 2007 04:44 PM

The Vibrant Gujarat Global Investors' Summit 2007 held in January has fetched the State proposals worth Rs 4,61,835 crore. Two years ago, a similar summit had generated proposals worth Rs 1,06,000 crore and the first of these summits, held in 2003 brought investment proposals worth Rs 66,000 crore. No wonder Mr Budhdev is forced to admit that while Mr Modi is getting huge investments, when West Bengal is struggling with the implementation of merely two major proposals - the Tata Motors' small car project and the Salem Group's chemical hub.
There is, however, a world of difference between the approaches of the two Chief Ministers. The Gujarat Chief Minister does his homework and each of his summits is preceded by a carefully orchestrated road show abroad on what Gujarat can offer. It is obvious that the healthy labour situation in the State and the pro-investment policies of its Government are also encouraging investors. Mr Modi has identified areas where investment will be worthwhile for entrepreneurs. He has coined the slogan: "Bring in a rupee and take back a dollar."
Besides, Mr Modi has no ideological hangover in securing investments. He has brought Chinese, as much as Singaporean and American, investments to his State. In the last summit, a Singaporean Minister was the guest of honour. The road shows that he organises ensure that his message reaches the right person.
Interestingly - this may also be disturbing for Mr Bhattacharjee - while West Bengal still struggle

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Modi and the Ramanujam Test