CHENNAI: On March 22 this year, Chief Minister J Jayalalithaa unveiled Vision 2023, a historic document that aims to take Tamil Nadu on a high growth trajectory with a massive investment of Rs 15 lakh crore in 11 years.
Releasing the document, Jayalalithaa said over the next 11 years, Tamil Nadu would aim to increase its GDSP at a growth rate of 11 per cent per annum — far higher than the expected growth rate of India’s GDP over the same period.
She also said Tamil Nadu would be able increase its per capita income at today’s prices by six times to reach Rs 4.5 lakh or $10,000 in 2023 in line with per capita income of upper middle income countries.
Jayalalithaa’s vision document does not solely focus on the aspiration to make the State numero uno in the nation but also to make the State among the top three destinations for investment in Asia.
The CM pointed out that attaining this position would be tantamount to benchmarking the State with countries such as South Korea, Thailand and Malaysia which are ranked 8, 17 and 18 respectively in the world by the International Finance Corporation in its study on ‘Ease of Doing Business’.
Taking exception to the description of this as an Utopian dream by DMK chief M Karunanidhi, the CM responded saying that Vision 2023 was a definite, feasible initiative based on concrete home work. “It is an ambitious initiative, based on achievable goals... It is a success initiative, aimed at the welfare of the people of Tamil Nadu,” thundered Jaya, in the State Assembly.