No, that is business economics which is endorsed by profitability of businesses.
Govt of Gujarat has not yet given any document that speaks about benefits given to a lot of companies that have established business which indicates towards use of public money to please private businesses, Indian or foreign.
First of all let me say two things(Which Modi said very loud and clear in his recent speech):
1.
Government has no business to do a business.
2.
Minimum Government, Maximum Governance.
Let me add few more points here:
Without industralisation, it is impossible to create employment. We have witnessed this, how Nehru, Indira and Rajiv have screwed up country by Licence Raj. Liberalisation happenned in 1990 because there was no other option left for government. Anyway coming to the point of industralisation in Gujrat. Let me present few links from
The Economist:
1.
Gujrat is compared with China's most performing place Guandong.(Gujarat's economy India's Guangdong)
http://www.economist.com/node/18929279
2.
Look at the how The Economist compared Surat with Gurgaon(I tell you Gurgaon is a mess. Unplanned, lack of infrastructure, full of corruption etc)
http://www.economist.com/node/21563412?zid=306&ah=1b164dbd43b0cb27ba0d4c3b12a5e227
About Surat:
"A far more encouraging example can be found farther up the coast. Surat, a city in Gujarat of 4.5m people, is a flourishing trading hub that not long ago was a wretched dump like Gorakhpur. In 1994, after a reported (but never confirmed) outbreak of pneumonic plague, it became famous for squalor, gridlock, slums and rotten management. Since then it has been transformed. Effective managers cleaned up. Rubbish was collected and transport improved, streets were swept and public services delivered. Miraculously, the improvements were sustained. Some 96% of residents pay their municipal taxes on time. Manoj Kumar Das, who now runs the city, says that over the past decade the growth in Surat’s population averaged 5% a year, among the fastest of any city in the world. According to his planners, by 2031 it could have 9.3m people, overtaking London."
About Gurgaon (A Ghetto):
"Gurgaon, a business district near Delhi, has plenty of glass towers but falls short on sewerage and power supplies and is only slowly acquiring public transport. Gridlocked Mumbai can appear to be falling to bits, especially in heavy rains"
You can read more about Gurgaon in this article:
http://www.sbs.com.au/news/article/1652167/Middle-class-ghettos-spreading-in-India
"But in the subterranean of Gurgaon, a catastrophe is about to happen. With over 30,000 illegal wells, the ground-water level is decreasing at an alarming pace, by about one meter each year. Water tables are also contaminated by the infiltration of untreated wastewater stagnating in hidden sight."
Such comparision can carry on if you want between Congress ruled state Haryana and Modi's ruled state Gujrat.
