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Post on Medial

Venkata Srikara Praneeth Kanagala

Stealth • 8m

Hello everyone! I assume you all might know what "GIFT" city is(in Gujarat). As per the articles & reports, I came to know that, Modi is offering zero tax policy in this particular area in Gujarat inorder to encourage startups and to boost their economy and growth. For me, this is indeed an excellent motive & I can see future of India is bright when such exceptional policies are implemented. However, I have a few concerns over this. Why is this only being implemented in Gujarat, as we have New Delhi, Mumbai & the so called Silicon Valley of India aka Bangalore as startup hubs? Do you think, this policy should be implemented all over India to increase Indian economy by encouraging startups and entrepreneurs to start their business? What are your ideas on this?

12 replies10 likes

Replies (12)

Rini Paul

Stealth • 8m

I think it's more of a strategy to uplift Gujarat as a region which is parallel to Mumbai, Bangalore, Delhi. Mumbai is already called the Financial Capital of India, Bangalore is already the Silicon Valley of India and Delhi region is already the political capital with lots of big corporates present there. These regions are already crowded. So it would be counter productive to promote these regions.

1 replies5 likes

Aditya Avhad
•

UrbanWrk • 8m

Cities are more than buildings It would have been much more beneficial to create satellite cities, something like what NCR has

0 replies1 like

Sathwik Shailesh Kumar

Stealth • 8m

The gift city is basically a prototype. Even the government is not entirely sure if it will work or not. Plus the tax reduction is to attract companies to invest in the resoures there, places like bangalore or delhi dont need such promotions. This is purely my personal opinion and is not backed by any data

1 replies1 like

Bishal Agarwal

Stealth • 8m

Maybe other states might not have come up with such plans , a grand plan needs a visionary leader.

1 replies3 likes

Anonymous 3

Stealth • 8m

There are some sustainance issue with the smart city.

0 replies1 like

Anonymous 2

Stealth • 8m

Imagine the cost implementing it all over India without doing it first somewhere. I think that’s what happening. It was just trying to create artificial demand, then coincidentally the chinese policies tightened, hence the move toGIFT was a good opportunity. Other places, I’m not so sure of, though i believe it performs well, there might be in the future.

0 replies1 like

Anonymous 1

Stealth • 8m

Yeah ofc the Biased part of It is there. But looking at it overall, seems like a good initiative, as it is close to port as well

1 replies1 like

SHIV DIXIT

Stealth • 8m

Maybe he have some plans to present gujrat as a silicon valley of India ?

0 replies2 likes

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