Loosen red tape, get
investment, NRIs tell Govt
When state officials come to France or other European countries,
they expect our hospitality.
But when we come here, they just refuse to take care of us."
AHMEDABAD, JANUARY 13, 2005
TIMES NEWS NETWORK
: A large number of non-resident Gujaratis (NRGs) attending
the Vibrant Gujarat summit believe that the government's long-time
hang-up with the prohibition policy is mainly responsible
for their poor investment in the state.
In a pledged investment blitzkrieg of over Rs 1 lakh crore
announced at the summit, the NRI inflow was a trickle. This
despite the fact that out of a total of 5,000 investor-delegates,
around 1,000 were NRIs. Nishit Desai, a Mumbaibased consultant
working with the state finance department to set up the NRI
Infrastructure Fund and an NRI Charitable Fund, believes,
"One should not underestimate the need to remove prohibition.
One should understand and respect the changed lifestyle of
NRIs if one wants their investment in Gujarat."
Sunil Nayak of the Apex Hospitality Corporation of the US
is proposing a Rs 70-crore convention centre in Ahmedabad
and a beach resort somewhere around Ahmedpur-Mandvi on the
Saurashtra coast. He says, "There is lot of more interest
in Gujarat than last year", but emphatically adds, "If
I want to invest in a beach resort, I would not like to lose
out on states where alcoholic drinks are easily available.
I will have to think about this aspect before signing an
MoU." He says it's wrong to think NRIs do not want to
put their money in Gujarat. "They invest in a big way
in hotels in the US, why shouldn't they do that here if good
returns are guaranteed?" Darkesh Shah, an NRI who met
Chief Minister Narendra Modi on Thursday, has a printing machine
firm in Stuttgart.
He complains, "It is unfortunate that the government
thinks only big. There are NRIs like us who want to invest
in small and medium-scale projects." Pointing out that
this was particularly possible in the tourism sector, he adds,
"Prohibition is a problem".
"There is a need to relax it at least on the beaches,
otherwise how can tourists come to Gujarat?" A France-based
NRI, Shambhu Patel, who heads the Federation of Gujarati Samaj
of Europe and who has brought dozen people from his country,
believes that the government's response is "not up to
our expectations".
He complains, "When state officials come to France or
other European countries, they expect our hospitality. But
when we come here, they just refuse to take care of us."
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