Projects lost to Gujarat

[Pollack]

Old one: (2020)

 

IT IS OFFICIAL: CITY’S IFSC DREAM DEAD

 

It’s official -- Mumbai’s long-held dream of becoming an International Financial Services Centre (IFSC) is dead and buried.

 

 

The central government in its gazette notification dated April 27 has declared that Gandhinagar in Gujarat will be the headquarters for the IFSC Authority.

 

Gandhinagar is where Prime Minister Narendra Modi’s dream project – the Gujarat International Finance-Tech City (GIFT) – is taking shape.

 

 

While it has been clear for a few years that Modi wanted Gandhinagar to have the coveted title, that Mumbai stood no chance became apparent when he forced his own government in Maharashtra to give up the land set aside for IFSC in BKC for a Bullet Train terminal.

 

According to a senior banker, an IFSC in Mumbai would have helped create at least 100,000 new jobs in the financial sector directly and another 100,000 in ancillary services.

A CEO of a major brokerage house, who did not wish to be identified, said: “After Modi became the prime minister in May 2014, Mumbai’s dream of becoming an IFSC was dead. The January 27 notification has only confirmed the death.”

 

In December 2017, while answering a question in the Lok Sabha, the then finance minister Arun Jaitley had made it clear that there can be only one IFSC in the country and that it will be the GIFT city.

Political analyst Hemant Desai said Modi’s love for his home state defeated Mumbai’s natural claim to the status of an IFSC. “Modi, even after becoming the prime minister, has not forgotten that he is a Gujarati first,” he said.

Another banker requesting anonymity, however, said that just the title does not make an IFSC. “As long as Mumbai has the RBI, SEBI, BSE, NSE and several national and international financial institutions are headquartered here, the city cannot be robbed of its status as the financial capital of country,” he said.

 

 

https://mumbaimirror.indiatimes.com/mumbai/cover-story/it-is-official-citys-ifsc-dream-dead/articleshow/75481064.cms

 

 

[Pollack]

Congress slams move to shift ISRO programme from Bengaluru to Gujarat

 

BENGALURU: Congress leaders on Wednesday staged a protest outside the Indian Space Research Organization (ISRO) office in the city demanding that the space agency drop the proposal to shift the Indian Human Space Flight Programme to Gujarat from Bengaluru.

 

"Karnataka is not just the IT hub, but it is also a technology hub and ISRO is headquartered here. They are now shifting the Human Space Flight Programme to Gujarat,” Shivakumar said. After the Congress opposed the move, ISRO Chairman K Sivan is defending the government, he said."

 

“If it happens (the proposal materialises), the Kannadigas will feel that the Central Government is ignoring, betraying and giving scant respect to the feelings of the local people,” Shivakumar had stated in his letter to the CM. 

 

https://www.newindianexpress.com/states/karnataka/2021/dec/02/congress-slams-move-to-shift-isroprogramme-from-bengaluru-to-gujarat-2390668.html

 

https://www.deccanherald.com/state/karnataka-congress-protests-shifting-gaganyaan-to-gujarat-1056707.html

 

 

 

 

Edited January 2, 2023 by Pollack

[mishra]

On 12/31/2022 at 5:43 PM, Vilander said:

Folks it's disgusting to see a central govt in India which is this outright biased and clanish. Its even more disgusting to see folks trying to support such behavior. Such behavior should never be normalised, as it would be gujrat now and then some other state next. 

Only thing disgusting is divisive regionalist politics of regional family run parties being sold as projects lost to Gujrat when Gujrat model was allways quoted as example during anti Modi/anti BJP, Congress rule in Centre

Edited January 2, 2023 by mishra

[mishra]

13 hours ago, Pollack said:

Congress slams move to shift ISRO programme from Bengaluru to Gujarat

 

BENGALURU: Congress leaders on Wednesday staged a protest outside the Indian Space Research Organization (ISRO) office in the city demanding that the space agency drop the proposal to shift the Indian Human Space Flight Programme to Gujarat from Bengaluru.

 

"Karnataka is not just the IT hub, but it is also a technology hub and ISRO is headquartered here. They are now shifting the Human Space Flight Programme to Gujarat,” Shivakumar said. After the Congress opposed the move, ISRO Chairman K Sivan is defending the government, he said."

 

“If it happens (the proposal materialises), the Kannadigas will feel that the Central Government is ignoring, betraying and giving scant respect to the feelings of the local people,” Shivakumar had stated in his letter to the CM. 

 

https://www.newindianexpress.com/states/karnataka/2021/dec/02/congress-slams-move-to-shift-isroprogramme-from-bengaluru-to-gujarat-2390668.html

 

https://www.deccanherald.com/state/karnataka-congress-protests-shifting-gaganyaan-to-gujarat-1056707.html

 

 

 

 

Why shouldn’t ISRO program go to Bihar or Mizoram? Why Karnataka only?

[zen]

In makes no difference to “India” whether Mumbai or whatever has IFSC or ISRO or whatever. 

 

Moreover projects should now go out of these metros, which have benefitted a lot in the past, to other cities. 
 

Edited January 2, 2023 by zen

[gattaca]

1 hour ago, mishra said:

Why shouldn’t ISRO program go to Bihar or Mizoram? Why Karnataka only?

All space programs need to be near ocean usually. Houston and Sriharikota are examples. Bihar and mizoram are land locked. 

[gattaca]

So many articles show clear bias for gujarat. No defending that. 

[Khota]

1 hour ago, mishra said:

Why shouldn’t ISRO program go to Bihar or Mizoram? Why Karnataka only?

I agree.  But you do need coastline to avoid population centers but some other projects can easily be diverted to Bihar. Semiconductor industry is one.

[Pollack]

I have provided articles clearing showing bias. Discussed why Gujarat was not the correct choice for many of the projects with proper data, logic and arguments. Many of these projects were "Shifted" to Gujarat so werent the first choice but last moment jumlas influenced by political interference.

What arguments those defending this bias have:

"Gujarat was always great. Gujaratis are businessman. Its in their blood.Gujarat is in India." 

Only generalized statement. No proper counter arguments.

 

What qualifications does Gujarat have for IFSC when all the finance bodies are headquartered in Mumbai? This was long cherished dream of Mumbai since 2009. 

 

What qualifications does Gujarat have for such huge funds under "Khelo India" scheme? Why no arguments like Gujarat is always great in sports? Gujaratis are always sports loving people.  

 

Regarding space program it almost looks like a "need" is forcibly been created to accommodate ambition of Gujarat in space programs. If the control centre is moved Karnataka will obviously feel betrayed but in the long run it will be good to have another centre for space program.  

 

 The problem here is instead of getting new projects/programs on its own for fulfilling ambitions of Gujarat, Modiji snatches it from other states which creates discontent.

 

This is my last post here because for "bhakts" modiji is not human, he is God. He cannot have personal bias. He can do no wrong. He is perfect. 

 

 

Edited January 3, 2023 by Pollack

[Vilander]

7 hours ago, mishra said:

Only thing disgusting is divisive regionalist politics of regional family run parties being sold as projects lost to Gujrat when Gujrat model was allways quoted as example during anti Modi/anti BJP, Congress rule in Centre

 

Explain this.

 

[Vilander]

7 hours ago, mishra said:

Why shouldn’t ISRO program go to Bihar or Mizoram? Why Karnataka only?

Why everything should go to gujrat ? 

[mishra]

3 hours ago, Vilander said:

Why everything should go to gujrat ? 

Read my earlier post as to why Gujrat is most reliable state to invest when it comes to FDIs or national interest project. Bottom line is,  You can’t have a anti Hindi, anti Hindu, pro communist or a family rule in a state and then assume that rest of India will blindly trust that state for critical projects. Sinple as that

[mishra]

9 hours ago, Khota said:

I agree.  But you do need coastline to avoid population centers but some other projects can easily be diverted to Bihar. Semiconductor industry is one.

And then use road to reach Kolkata or Mumbai or Other coastal state for export purpose while occasionally production gets hijacked by Bahubali’s of Bihar. FYKI, Russian Space Program is HQed in Moscow. Our Rockets dont fall in Bay of Bengal or Arabian ocean as they used to do in 90s

Edited January 3, 2023 by mishra

[mishra]

3 hours ago, Vilander said:

 

Explain this.

 

IIRC Andaman has got most amount of money compared to land mass and population. So interest of nation is kept ahead of politics by GoI

https://eurasiantimes.com/choking-china-indias-strategic-islands-get-a-3-4b-investment/

 

Also MP doesnt gets that much importance as UP, goes to show that despite being a BJP rule state ,Investment not a guranteed unless state CM is desperate and can pull strings. Yogiji is going to Davos to get investment not Stalin and he wont get drunk and delay the flight

https://www.telegraphindia.com/india/did-a-drunk-bhagwant-mann-delay-an-international-flight/cid/1887567

Edited January 3, 2023 by mishra

[Vilander]

32 minutes ago, mishra said:

IIRC Andaman has got most amount of money compared to land mass and population. So interest of nation is kept ahead of politics by GoI

https://eurasiantimes.com/choking-china-indias-strategic-islands-get-a-3-4b-investment/

 

Also MP doesnt gets that much importance as UP, goes to show that despite being a BJP rule state ,Investment not a guranteed unless state CM is desperate and can pull strings. Yogiji is going to Davos to get investment not Stalin and he wont get drunk and delay the flight

https://www.telegraphindia.com/india/did-a-drunk-bhagwant-mann-delay-an-international-flight/cid/1887567

 

What is your point ? 

 

How do you explain Gujrat getting 20 times funding of similar sized states like Andhra or TN or 25 times Kerala. What's the logic. 

[Vilander]

1 hour ago, mishra said:

Read my earlier post as to why Gujrat is most reliable state to invest when it comes to FDIs or national interest project. Bottom line is,  You can’t have a anti Hindi, anti Hindu, pro communist or a family rule in a state and then assume that rest of India will blindly trust that state for critical projects. Sinple as that

 

Which state js like that ? All that are your assumptions. Others would opinion that funds are influenced by amit shah and modi to their state of birth. Plain simple really. 

[Vilander]

Hindi or Hindu is not equal to Indian. That's not a reason to divert funds and projects from other states to Guj. Its laughable.

[mishra]

34 minutes ago, Vilander said:

 

Which state js like that ? All that are your assumptions. Others would opinion that funds are influenced by amit shah and modi to their state of birth. Plain simple really. 

Which state isnt?

NE has insurgency and Chinese Risk.

Punjab has Khalistan

Bihar has Bahubali Yadavs

West Bengal has Communist and Mamata and Jai Bengali

Maharshrashtra has Thakare, Pawar, anti UP, anti Bihari, Anti Tamil, Anti Shetty

MP and UP have no coastline.

Andhra and Telangana-Both Family ruler no clue about any other part of India

Tamilnadu- Family rule Stalin + Some anti Northie stuff

Kerala- Communism

Karnataka- They bloody want their own flag like Kashmir.

Orissa- Family rule but not divisive like above.

UP, MP, Gujrat, Himnachal, Haryana,Rajsthan,Chhatisgarh,Orissa are only states which seem to be okie with limited divisive influence. Only two states of them have Ports. Ports in Bay of Bengal are less strategic compared to ones on Arabian side or Indian ocean ones. Hope this helps.

 

 

[mishra]

1 hour ago, Vilander said:

 

What is your point ? 

 

How do you explain Gujrat getting 20 times funding of similar sized states like Andhra or TN or 25 times Kerala. What's the logic. 

Point was that state CMs matters. Stable politics without risk of autocracy (ie family rule) is preferred by FDIs, Industrialist and GoI. No one in right mind will risk another Singur because a inefficient Corrupt leader can repeat Singur for political gains

[LordPrabhzy]

Look folks without getting into a slanging match, lets focus on the standard terms of investments ( Government or FDI). Any investment party wants things like political and social security in a place where they are investing alongside great infrastructure and access to the right talent.

 

As highlighted by @mishra other states compared to Gujarat have multiple issues when it comes to political stability and downright anti centre/anti India rhetoric and using that metric Gujarat ( at the moment) is the prime choice of development and investment due to political stability and access to the right infrastructure. I don't disagree that investments should be spread across India and lets not pretend other states in India have nothing at all.. UP is the most populous state and ruled by BJP, even bigger than Gujarat so by that logic more investments should go there than Gujarat so its not the case of BJP bias. Looking at the state which some States are. eg Punjab since the election of AAP and resurgence of Khalistani support, despite me being punjabi id rather investments go to Gujarat.

 

And there is also a wider social issue that if a large chunk of the population is staunchly against the party in the centre and have consistently voted for regional parties who are ideologically different, then yes their priority is to the electorate that they made their mandate to and voted them in. IMO BJP is developing Gujarat to show it as a model state which is the result of stable rule by BJP over many years- and if other states still don't want to give them their vote then yes they should reap the consequences of voting in anti india regional parties who loot the coffers than investing in the state 'properly'. Simply, you've made your bed now lie in it.