By Gopal Krishna Agarwal,
Prime Minister Narendra Modi’s
20 years in public life. In the last two decades, from being a hard-working
chief minister, he has gone on to become a towering global personality. He has
become the longest-serving head of an elected government, fourth longest-serving
Prime Minister and the longest serving non-Congress Prime Minister of India.
During 2001 to 2014, he served 4,607 days as the chief minister of Gujarat. He
was elected as the 14th Prime Minister of the country in 2014 and since then he
has been in office. He enjoys mass appeal like no other leader, neither in the
party nor in the country.
When he took the baton of Gujarat in 2001, the state was ruined by a
devastating earthquake and then struggling with economic disruption due to
communal violence in 2002. To revive the state, he conceptualized and held a
state-level conclave ‘Vibrant Gujarat Global Investors Summit’ (VGGIS) in 2003
to attract investment and to build investors’ confidence. The result of the
efforts made by him was that Gujarat registered an impressive double-digit
growth during 2004-05 to 2011-12. The growth rate peaked at 15 percent in
2005-06. According to IBEF, Gujarat is one of the high-growth states
and a leading industrialized state in the country. It is estimated that
Gujarat’s GDP will grow by 7 percent YoY and will reach at Rs 18.80 lakh crore
in FY22.
The Gujarat development model has always been a subject of
discussion. The Gujarat model made such a splash in the 2014 General Election
to the Lok Sabha that it pushed Modi to the pinnacle of power. As in Gujarat,
Modi found the Indian economy too in a dilapidated condition. In 2014, our
economy was bracketed with the worst performing economies. The economy was
going through challenging times that culminated in lower than 5 percent growth
of GDP at factor cost at constant prices for two consecutive fiscals – FY13 and
FY14. Wholesale price index inflation in food articles that averaged 12.2
percent annually during 2008-09 to 2013-14 was significantly higher than
non-food inflation.
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