GIS Summit 2016: Plagued with unemployment, Madhya Pradesh CM seeks job opportunities for the state

By: |
New Delhi | Updated: October 23, 2016 4:56 PM

Aimed at showcasing Madhya Pradesh's strengths and industrial expertise, the state government organised Global Investors Summit on 22nd and 23rd of October 2016 at Indore.

The two day international summit was aimed at providing a common platform for the exchange of ideas between the leaders of the industry, policy makers and other stake holders. (PTI)The two day international summit was aimed at providing a common platform for the exchange of ideas between the leaders of the industry, policy makers and other stake holders. (PTI)

Aimed at showcasing Madhya Pradesh’s strengths and industrial expertise, the state government organised Global Investors Summit on 22nd and 23rd of October 2016 at Indore. It is an annual event which was started by the state government in the year 2007. Madhya Pradesh CM Shivraj Singh Chouhan, speaking at the annual, Global Investors Summit said “We want to increase our per capita income and bring more and more employment opportunities in Madhya Pradesh. The statement came in the wake of state economic survey claiming that there are 16 lakh educated unemployed in Madhya Pradesh. The two day international summit was aimed at providing a common platform for the exchange of ideas between the leaders of the industry, policy makers and other stake holders.

Arun Jaitley on Saturday, while addressing the summit had said that Indore is increasingly becoming an educational hub and the best of the state is yet to come. He also said that Madhya Pradesh is fortunate to have a government with leadership. The finance minister had also praised the state government for walking an extra mile to attract investors from within and outside the country. He had also talked about the strategic geographical location of the state and the significance of such a location once GST is implemented.

Also Read: Previous Global Investors Summit editions ‘super duper flop’: MP Congress

“Indore in due course will become the hub for a large number of companies which are involved in supply of goods and services across the country. Transporting goods from North to South or from South to North is always going to be more troublesome than from the centre of the country” he added.

The two day annual event is to conclude today.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Lockdown woes: Joblessness rate near 1-year high; unemployment up in rural areas; virus threat hits demand for MGNERGS work
2RBI bulletin: ‘Demand shock biggest toll of second Covid wave’
3A shot in arm for India, South Africa: On IPR waiver for Covid jabs, China backs ‘developing world’