GIS: Congress to organise ‘halla bol’ protest | bhopal | Hindustan Times
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GIS: Congress to organise ‘halla bol’ protest

bhopal Updated: Oct 21, 2016 12:26 IST
Ranjan, Bhopal
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State Congress president Arun Yadav (left) addresses a press conference in Bhopal on Thursday. (Chandresh Mathur/HT)

The MP Congress will launch a halla bol agitation against the state government and industrialists to protest against the government’s alleged favouritism towards influential industrialists and on the issue of the upcoming global investors summit (GIS).

The agitation has been named ‘dhokhebaaj punjipatiyon ki dhol ki pol (to expose swindling industrialists).’ The party will launch the agitation from Indore on October 22, the day the summit begins.

Terming the GIS a super duper flop show, state Congress president Arun Yadav said a few industrialists of the country were looting the resources of the state.

Yadav said the industrialists first got land in the name of setting up their industries and then got the status of the land changed to a freehold to get bank loans by pledging the same land with the bank. “All this took place illegally,” he added.

He said in the 2007 GIS, the state government claimed to have received investment proposals worth Rs1.20 lakh crore but actual investment of only Rs 4,777 crore took place which was 3.92% of the proposed amount.

Similarly, Rs 8,000 crore worth of investment came against the claim of Rs 2.37 lakh crore during the 2010 GIS in Khajuraho, he alleged.

According to Yadav, during the Indore summit in 2012, the government put the figure at Rs1.22 lakh crore but the real investment stood at Rs 4,747 crore — 3.88% of the investment proposals.

Yadav alleged that the government spent Rs 25 crore during the 2014 GIS in Indore and claimed that Rs 6.79 lakh crore worth of investments will come to the state. However, when information was sought on real investments, the officials said since there were no MoUs signed during the summit, no information was available on it, he added.

He said one of the industrialists had claimed he would invest Rs 5 crore every hour in Madhya Pradesh and Rs 75,000 crore in five years in the state. “I would like to know from the state government how much investment came from that industrialist?”