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`Democracy a game changer in industrialisation`

Madhya Pradesh CM said industrialisation was easier in China than in India.



Beijing: Noting the economic progress made by China, Madhya Pradesh Chief Minister Shivraj Singh Chouhan said industrialisation was easier in this country than in India as back home a democratic system is followed in taking decisions.

"Democracy has several advantages, but it has some shortfalls too...we may perhaps not implement decisions at such a fast pace in India," he said.

Referring to the issue of land acquisition, Chouhan said in India, a government has to ensure that the land owner is satisfied and gets adequate compensation before his land is sold for infrastructure development.

"We can take a decision only after that. Even if we take a call, people are free to criticise the decision taken by the government," he said while interacting with reporters here last night.

Chouhan, who is here on an official visit, said his government was with the Centre on the issue of security even as he invited Chinese firms to set shop in his state.

"We can`t shut our eyes on such concerns...national security is supreme," he said.

Indian agencies have raised red flags over security issues with certain Chinese firms.

The Chief Minister said that besides infrastructure development, his state would like investments under the public-private partnership (PPP) mode in the tourism sector.

"The basic infrastructure is being readied, we would like investment in the PPP mode in the sector," he said. Amid the ongoing debate on development at the cost of environmental damage, Chouhan claimed that the state government has ensured that 30 percent of forest cover remains at all costs and there should be no over exploitation of natural resources.

"This is important against the backdrop of raging debates on issues like climate change," he said.

He said while his state`s growth rate of nine percent could reach the double digit mark in the near future, it will have "little meaning" till the common man derives the benefits of development.

Chouhan said Madhya Pradesh plans to hold an investors` summit on October 27-28, 2012 where Chinese companies too would be invited. As of now, two Chinese companies have their presence in the state.

He would also attend another such seminar at Shanghai to scout for investment in development of power, infrastructure and automobile sectors.

The focus sectors of investment in Madhya Pradesh include mining, energy, infrastructure, engineering and automobile, agriculture and food processing, information technology and tourism.

PTI

From Zee News

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