Vibrant Gujarat Summit: Arun Jaitley laughs off query on government appointing NRIs on key posts

Finance Minister Arun Jaitley laughed off a query about another NRI, Arvind Panagariya, being appointed at a key position by the Modi government.

Vibrant Gujarat Summit: Arun Jaitley laughs off query on government appointing NRIs on key posts
GANDHINAGAR: Finance Minister Arun Jaitley today laughed off a query about another NRI, Arvind Panagariya, being appointed at a key position by the Modi government.

"I think the NRIs are getting a little over representation!" he quipped when asked why another NRI Panagariya has been appointed to a key post.

Earlier in the month, Prime Minister Narendra Modi appointed Colombia University economic professor Panagariya as Vice-Chairman of the newly formed NITI Aayog.

Before him, Arvind Subramanian, a senior fellow at Peterson Institute for International Economics, was appointed as the Chief Economic Advisor in the Finance Ministry.

The Finance Minister said though Panagariya is a non-resident, he spent a large part of his life in various international bodies and universities.

"(Panagariya is a) very eminent economist, his area of focus has been the Indian economy. Our Chief Economic Advisor also falls into the same category," he added.
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Day1: Highlights of Vibrant Gujarat Summit 2015
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Reliance Industries chief Mukesh Ambani said his group would invest Rs 1 lakh crore in 12-18 months across businesses.

Mukesh Ambani also invited the companies from across the world to invest in the state.

" We are proud to be a Gujarati company, we have invested in Gujarat time and again to convert a business vision into reality," said Mukesh Ambani.

In pic: Industrialist Mukesh Ambani during the Vibrant Gujarat Global Summit 2015, in Gandhinager on Sunday.
Reliance Industries chief Mukesh Ambani said his group would invest Rs 1 lakh crore in 12-18 months across businesses.

Mukesh Ambani also invited the companies from across the world to invest..
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Kumar Mangalam Birla of Aditya Birla Group announced investment plans for Rs 20,000 crore in the state.

"We have a personal bias for Gujarat and our ambitions are woven with the state," Kumar Mangalam Birla said.

In Pic: Industrialist Kumar Mangalam Birla addresses business delegates during the Vibrant Gujarat Global Summit 2015 in Gandhinagar on Sunday.
Kumar Mangalam Birla of Aditya Birla Group announced investment plans for Rs 20,000 crore in the state.

"We have a personal bias for Gujarat and our ambitions are woven with the state," Kumar..
Read More
Among foreign companies, Australian mining giant Rio Tinto's CEO Sam Walsh said the group would add 30,000 jobs in diamond cutting industry in Gujarat, adding that Australia is looking forward to the state as a promising business destination.

Japanese auto giant Suzuki Corp's chairman Osamu Suzuki said Gujarat is superior in terms of infrastructure and administration, adding that he sees "India becoming consolidated into one economic identity under the able leadership of Prime Minister Narendra Modi."

In pic: Chairman of Suzuki Motor Corporation, Japan Osamu Suzuki addresses business delegates during the Vibrant Gujarat Global Summit 2015 in Gandhinagar.
Among foreign companies, Australian mining giant Rio Tinto's CEO Sam Walsh said the group would add 30,000 jobs in diamond cutting industry in Gujarat, adding that Australia is looking forward to the..
Read More
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