Nidhi
New Member
All that Indian state of Punjab has been getting from its visiting Non Resident Indians is talk, suggestions and Demands. In stark contrast, Indian State Gujarat has been able to garner 450 billion dollars of investment intent during the annual Vibrant Gujarat convention for Non Resident Indians this year, while Punjab government failed to attract even single penny worth of investment offer during its version of convention held at Jalandhar.
Though the Punjab government officially denied calling it an investment meeting, deputy CM Sukhbir Badal made a power point presentation aimed at attracting investments from NRIs.
When asked about the quantum of commitments for investment by NRIs, the deputy CM claimed that the function was not organized for attracting investments from the NRIs but only to strengthen bonds with non resident Indians.
In fact, the Punjabi version of the conference also did not see NRIs of profiles that have surplus money for investments. One of the NRI leaders Satnam Singh Chahal, who could not attend the meet due to a last minute invite, said that the government seems to be targeting NRIs as such, whether poor or rich as they are potential voters rather than investors.
Source : Visiting Punjabi NRIs give zero, Gujaratis shower $450 billion - The Times of India
Though the Punjab government officially denied calling it an investment meeting, deputy CM Sukhbir Badal made a power point presentation aimed at attracting investments from NRIs.
When asked about the quantum of commitments for investment by NRIs, the deputy CM claimed that the function was not organized for attracting investments from the NRIs but only to strengthen bonds with non resident Indians.
In fact, the Punjabi version of the conference also did not see NRIs of profiles that have surplus money for investments. One of the NRI leaders Satnam Singh Chahal, who could not attend the meet due to a last minute invite, said that the government seems to be targeting NRIs as such, whether poor or rich as they are potential voters rather than investors.
Source : Visiting Punjabi NRIs give zero, Gujaratis shower $450 billion - The Times of India