CM stated that the Government
of Gujarat is ready to embrace AI and is committed to its rapid adoption across
key sectors, including administration, education, health and agriculture. The meeting also focused on the use of AI
for development. CM highlighted that AI is more than just technology—it can be
a powerful tool for driving development and accelerating India’s growth.
Predictive AI and similar technologies can help improve development outcomes.
CM said that Gujarat is working to turn this potential into tangible results by
expanding the use of AI beyond the IT sector to government administration,
education, health, agriculture and public services.
Emphasising Gujarat’s strong financial discipline, CM
urged World Bank officials to explore possibilities for concessional financing
for development-oriented projects in the State. He further stated
that under the leadership of Prime Minister Shri Narendra Modi, Gujarat
has built a strong tradition of balancing financial discipline with
development. CM was confident that the World Bank would consider extending
special financing benefits for development projects to states that maintain
fiscal discipline. During the meeting with the World Bank, CM
outlined to the participants that the ecosystem for attracting global capital
to India through GIFT City is rapidly developing. He further added that the
Government of Gujarat is working to develop GIFT City in its next phase not
just as an International Financial Services Centre, but as an integrated global
ecosystem for finance, technology, fintech, AI, data and innovation. CM also
provided detailed insights about the well-developed ecosystem in GIFT City for
banking, capital markets, fund management, insurance, aircraft leasing, ship
leasing and other global financial services.
Gujarat Chief Secretary Shri M. K. Das, MD and Group CEO GIFT
City Shri Sanjay Kaul, World Bank Vice President for South Asia Johannes
Zutt, IFC Regional Vice President for Asia-Pacific Riccardo
Puliti, MIGA Vice President Junaid Kamal Ahmad, IMF Director of the
Asia and Pacific Department Shri Krishna Srinivasan, and Senior Advisor
to the World Bank Executive Director representing India Shri HemangJaniand
senior officials were present at the high-level round table meeting.