CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: The Madhya Pradesh government is once again set to make grand claims through the Global Investors Summit (GIS). Chief Minister Mohan Yadav’s administration is spending crores of rupees to welcome industrialists and investors. However, if we look at the reality of the past six summits, the so-called investment promises have remained largely unfulfilled.
Six Investors Summits, but Only 10% Real Investment
From 2003 to 2023, six Global Investors Summits attracted investment proposals worth ₹32.45 lakh crore. However, only ₹3.47 lakh crore actually materialized, which is just 10% of the total claimed investment. Reports suggest that the real figure is even lower, around 3%.
The Reality of Investors Summits
2007: A claim of ₹1.2 lakh crore investment was made, but only ₹17,311 crore materialized.
2010, 2012, 2014, and 2016: Similar grand promises were made, but the state received little actual investment.
2023: The Shivraj government claimed ₹15.42 lakh crore investment and 29 lakh job creations, but in reality, only ₹1.95 lakh crore was invested, generating merely 38,000 jobs.
MP’s Poor Performance in Foreign Investments
Between 2019-2022, Madhya Pradesh received just ₹38,000 crore in foreign investment, which accounts for only 0.33% of the total FDI in India. In comparison, Maharashtra, Karnataka, Gujarat, and Delhi remain far ahead.
Kamal Nath Government Was More Successful
In 2019, during the Congress-led government’s Magnificent MP Summit, investment proposals worth ₹74,000 crore were received, and ₹30,000 crore was actually implemented—a success rate of 66%, which was significantly better than the BJP government.
Conclusion
The BJP government in Madhya Pradesh is merely signing MOUs and making exaggerated investment claims. In reality, the state’s people are being misled, with no substantial growth in employment or industries.
#JeetuPatwari #UmangSinghar #MPPolitics #CongressPressConference #MadhyaPradesh
