Modi slams UPA govt for casual attitude over global recession

New Delhi, Oct 18 (UNI) Accusing the UPA government of having a ''casual attitude'' about the financial market crashes and global recession, Gujarat Chief Minister Narendra Modi today said a proper solution must be worked out fast to deal with the present crisis.

He warned that if no immediate steps were taken, "dirty money" will capture world economy by International mafias, drug peddlers, which will ultimately lead to an adverse impact on the Indian economy.

He appealed to Prime Minister Manmohan Singh to convene immediately a brain storming meet of prominent economists, policy planners, intellectuals, industry leaders and tycoons and financial experts to discuss the present international financial crises.

He was speaking at a function organised by the Delhi Chapter of the Young Presidents Organisation (YPO).

Describing Gujarat as a growth engine of the nation's economy, Mr Modi invited all young Presidents and CEOs to become partners of its progressive growth.

He said Gujarat was now moving from the concept of SEZs to SIRs (special investment regions), and emphasised that in order to ensure that the industrial growth did not take place through haphazard development, his Government has identified select regions keeping in mind the existing industries.

He said the industrial belts in Gujarat that will take shape aling the Delhi-Mumbai industrial corridor under the two sanctioned SIRs and six logistics support areas will cover cities like Palanpur, Mehsana, Ahmedabad, Dholera and Vadodara.

He said his Government was organising a special Vibrant Gujarat novel promotion drive focussing on gems and jewellery for global diamond industries in December, ahead of the Global Investors' Summit to be held in January.

UNI MMG SY SB KP1727