The Prime Minister addressed a public gathering on the occasion. He praised the event saying “Usually, we get to see such big business Summit only abroad. Now vibrant Gujarat as well as the start of Ahmedabad shopping Festival, is a commendable initiative”.
The PM added, “The Government is constantly working to create a conducive environment for business in the country. In the past 4 years, old laws have been abolished and hundreds of rules are made easier. It is because of such efforts that we have improved significantly on the Ease of Doing Business rankings from 142 to 77”. The PM added,“It is our constant endeavour to simplify procedures for small entrepreneurs. We are moving towards the system when the banks can give credit to small entrepreneurs on the basis of GST and other returns. We are clearing loans up to Rs one crore in 59 minutes”.
The PM also inaugurated the Vibrant Gujarat Global Trade Show at the Mahatma Mandir Exhibition cum Convention Center in Gandhinagar. With this, the stage is set for 9th edition of Vibrant Gujarat Summit,scheduled to be held during January 18-20 in Gandhinagar. The Summit will witness the participation of Heads of States, Captains of global industry and Thought Leaders.