AISA Folder Modi 1 Dopdf
AISA Folder Modi 1 Dopdf
AISA Folder Modi 1 Dopdf
Why did Ratan Tata say, YOU ARE STUPID IF YOU ARE NOT
IN GUJARAT? The Gujarat government allotted 1100 acres
of land to Tata Motors Ltd to set up the Nano plant near
Sanand at Rs 900 per square metre while its market rate
was around Rs 10,000 per square metre. Further, Modi
gave Ratan Tata a soft loan of Rs 9,570 crore at a negligible
interest of 0.1 per cent to shift the Nano project to Gujarat.
Repayment of this loan was deferred for 20 years. In all,
the Modi Government has offered over Rs 30,000 crore in
sops to Tata Motors. In other words, for an investment of
Rs.220 billion by the Tatas, the Gujarat government gives
sops worth Rs.300 billion.
Land was allotted to Adani Group for the Mundra Port &
Mundra Special Economic Zone (SEZ) at Re1 per square
metre. Infact, on
March 1, 2012,
Gujarat revenue
minister conceded in
the Assembly that
The Adani Group has
been
allotted
14,305.49
acre
(equivalent to 5.78
crore square metres)