The State government’s global investors’ meet, which is scheduled to be held from February 3 to 5, has received a thumbs-up from the Centre which has assured all help to make it a success.
"Organising the GIM is a good move," Union Urban Development Minister M. Venkaiah Naidu told reporters in Bengaluru on Tuesday, while maintaining that: "it is not possible to manage everything with local investments. We need global investments to cater to the needs of various sectors."
He said the centre was willing to extend any help to ensure that the GIM became a success.
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Claiming that India was moving forward even at a time of global slowdown, he said the GIM was an indication that the states too wanted to move forward and that they were competing with each other in this regard.
"Politics of poverty should be replaced by politics of development," he said, while defending such a competition among the states for development.