Pact On Smart Cities Signed

Pact On Smart Cities Signed
  • Chief Minister Anandiben Patel announced at the Vibrant Gujarat Summit : The Government of Gujarat, the Government of India and the World Bank have entered into a tripartite agreement in support of Gujarat’s ‘swachhta abhiyaan’ and smart city initiatives.
  • Around 2,100 MoUs to the tune of Rs. 25 lakh crore and 1,225 strategic partnership agreements were signed at the Summit in the areas : skill development, defence, renewable energy and biodiversity.
  • Corporate heads Mukesh Ambani of Reliance Industries, Gautam Adani of the Adani Group and Kumar Mangalam Birla of the Aditya Birla Group have pledged investments worth Rs. 1 lakh crore and Rs. 20,000 crore and Rs. 20,000 crore respectively.
  • Mr. Adani, whose rise is synonymous with his investments in Gujarat, announced that his company planned to invest Rs. 20,000 crore in Gujarat’s ports over the next five years.
  • Her government would constitute high-level committees to monitor the progress of projects.With Prime Minister Narendra Modi at the Centre, she hoped Gujarat would get speedy approvals.
  • She opined: The agreements will boost Gujarat’s inclusive development. They will restore confidence among investors about the investment climate in Gujarat and also help in furthering the ‘Make in India’ campaign