Premia Group Presents “Indian State Competitive Awards 2013”

NOIDA, India - June 27, 2013 - PRLog -- Premia Group presented “Competitiveness of Indian States Function” on 26th June 2013 wherein Vice President of India, M. Hamid Ansari honored Mr Bhupinder Singh Hooda, Chief Minister of Haryana with the “Indian State Competitive Award” along with many other states including Delhi, Andhra Pradesh, Bihar, Gujarat, Tamil Nadu, Punjab, Karnataka, Rajasthan, Uttar Pradesh and Madhya Pradesh.

Tarun Shienh, Real Estate Guru and CMD, Premia Group on the occasion quoted, “It’s a great pleasure, opportunity and an event of pride for Premia Group to be associated with “Indian State Competitive Awards” today. Development of state and overall country is greatly on shoulders of its industry and infrastructure; therefore we at Premia Group with a vision of Trust and Transparency are committed to elevate and take the real estate in the country to next level with innovative high on concept projects. Premia Corporate City as India’s First Corporate city sets a great example to it and was our initiative in this direction followed by several to come in coming years.

Winners of India’s Most Competitive State 2013 Awards:

Delhi: Performed well at an aggregate level on demand conditions reflected by income distribution and demographic spread and factor conditions reflected through communication and human capacity.

Goa: Well built infrastructure for a city state with innovative & financial capacity and providing institutional support.

Maharashtra (Innovation Driven Economy): State present exceptional performance on macroeconomic factors reflected in innovation capacity in the state with competitive intensity breeding and diversity of firms.

Gujarat: Context for strategy, depth of firms reflected through diversity and business incentives that propel growth.

Haryana: Communication, administrative infrastructure reflects the movement forward for the state.

Tamil Nadu: State has exceptional hard and soft infrastructure, and is strong in innovation by firms because of good overall institutional support.

Punjab: State is good in granting business incentives and is good in factor and demand conditions, which has resulted in good overall environment for business.

Andhra Pradesh (Investment Driven Economies): State shows exemplary performance on physical infrastructure, innovative capacity and depth of firms because of strong economic clusters.

Karnataka: The state has a strong communication infrastructure and does well on the demand conditions and institutional support.

Madhya Pradesh: The state has strong human capacity and factor conditions and good overall business incentives.

Rajasthan: The state shows strong performance in administrative and infrastructure development and has strong economic clusters.

Bihar: The state has great institutional support and does well on economic growth and communication infrastructure.

Uttar Pradesh: The state has exceptional human capacity, strong physical infrastructure and offers great incentives for business.

“Despite our achievements in pursuit of socio-economic development since independence in the last six decades, we remain a developing country confronted by considerable challenges of poverty, inequality, unemployment and underdevelopment, especially in areas of health, education and shelter”, quoted by Vice President of India, M. Hamid Ansari at Indian State Competitive Awards presented by Premia Group, Real Estate Group under strong leadership and vision of Real Estate Guru, Tarun Shienh as its CMD. Addressing after presenting “Indian State Competitive Awards” based on a joint study by the Financial Daily ‘Mint’ and the Institute for Competitiveness entitled ‘The India State Competitiveness Report 2013’ at a function here today, he said that moreover, the socio-economic indicators vary significantly from state to state and from region to region within the same state. This sub-national diversity can be explained to a degree by various natural, historical and contemporary factors. He opined that however, the fact remains that if we are to fully realize our core national objective of sustained, inclusive and equitable economic growth, it has to be through a development process which is inclusive, equitable and balanced, both in social and geographical sense. Otherwise, economic and social inequity at sub-national scale will become a potent threat to our political union and could also disrupt societal harmony in our Republic. It is in this context, that the contents of the India State Competitiveness Report 2013 become relevant and important.

For Event Photographs Visit: http://www.facebook.com/premiaprojects