PM to inaugurate Global Investors' Summit on Oct 9

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Prime Minister Narendra Modi will inaugurate the two-day Global Investors’ Summit on October 9, at Indore, Madhya Pradesh , which would be attended by 20 countries.

This was announced on Sunday by Madhya Pradesh Chief Minister Shivraj Singh Chouhan while interacting with media here at the MP Bhawan. “The Prime Minister has given his consent to inaugurate the two-day Global Investors’ Summit to be held at Indore on October 9 and October 10,” said the Chief Minister. Seven countries will be taking part in the Global Investors’ Summit as partner state. A total of 20 countries are participating in the Summit.

The Chief Minister said Madhya Pradesh was not known to people internationally but scenario has changed now and the state has been visited by global investors.

Chauhan said at the investors summit the state will make presentations on several sectors to illustrate potential of Madhya Pradesh so that investors could pick up things of their choice.

He said many countries including Japan, China and Singapore have shown interest in Madhya Pradesh with  their representatives visiting the state. In this reference, he mentioned the visit of former Singapore Prime Minister Goh Chok Tong.

On the question as how many of Memorandum of Understanding singed by MP would translate into real investment, Chauhan said it would take time to assess to feel the real impact of  the summit. 

He said the Government was working all to facilitate small scale  Industries in the state and spend Rs 700 crore in developing infrastructure.

Prior to the Global investor summit, on October 8, a MSME Summit  at Indore will be inaugurated by Union Micro , Small & Medium Enterprises Minister Kalraj Mishra.

Chauhan on Sunday also met Union Finance & Defence Minister Arun Jailtey to expedite issues relating to 14th Finance Commission. He requested  the finance minister  an Early release of Central Assistance to the tune of Rs 2,150 crore to mitigate the loss  caused by successive hailstorms and rains  during March 2o14.

The Chief Minister also drew Union Defence Minister's attention to the  pending issue of proposed National Memorial of Bharat Ratna Dr. Baba Saheb Ambedkar at his birth place Mhow  in Mahya Pradesh.

Chauhan requested Arun Jaitley for an early decision on swapping of land with the Army Authorities which has not yet been taken. The proposed land belong to the Defence Ministry and there are some technical issues which needs to be sorted out as early as possible, he added.

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