Should not BJP PM candidate Modi start selling Indian growth prospects stories to woo foreign investors that will reflect his confidence on 2014 ?
Gujarat Chief Minister Narendra Modi on Monday addressing the 2013 Global meeting of emerging markets forum sold his Gujarat model of development.He said, "Growth rate is maximum in Gujarat but things are changing in other states also and we must accept this. We have always believed in mantra of Gujarat's growth for India's growth."
Stating that Gujarat has moved from a trading to knowledge driven society in 10 years, he said, "We have created many jobs, allowed healthy business environment due to which there is investment and job creation."
Narendra Modi said the people pf Gujarat have always believed in mantra of Gujarat's growth for India's growth. He added, "Gujarat setting up smart cities driven by technology and e-governance."
BJP PM candidate Narendra Modi, though did not miss the opportunity to show case failures of Congress government at Delhi, when he said indirectly hitting out at the Congress saying the government cannot operate from secret files (coal files).He added, "The government has to move away from representation to participation."
On effective running of the government, the BJP prime ministerial candidate said, "People's own government in the democracy is the best possible system. For any government interest of the people has to be paramount." He added there is no alternative to good governance. "Good governance starts from good intentions. Lack of good governance is like diabetes which affects each and every part of the body," .
As BJP's PM candidate Narendra Modi must watch the present status of the economy,which is going from bad to worst in spite of all assurance by PM Manmohan Singh , finance minister P. Chidambaram and RBI Governor or even the Commerce minister.
The latest report on the index of industrial production (IIP) numbers for August confirms the assessment that there are few, if any, signs of recovery in the industrial sector. The year-on-year growth is mere 0.6 per cent, significantly below assured or consensus expectations. The April-August period is almost flat or may be in sliding slope to negative with a chart of measly 0.1 per cent.
With manufacturing sector, that accounts for 80% of IIP , has declined slightly in August and was flat for the April-August period. As almost six months of the year has gone negative, the signs do not auger any hope for big economic growth in the second half , while the projections by Finance Minister, of anything over five per cent for the year becoming critically doubtful, and here Gujarat Chief Minister Narendra Modi must switch his role to as BJP's PM candidate, when 2014 is not far away.