# Government of Gujarat

Government of Gujarat is a Sovereign Wealth Fund based in Gandhinagar, India.

## Overview

- **Organization type:** Sovereign Wealth Fund
- **Headquarters:** Gandhinagar, India
- **Region:** Asia
- **Address:** Gandhinagar, Gujarat, India
- **Founded:** 1960
- **Assets under management:** Undisclosed
- **Website:** gujarat.gov.in
- **LinkedIn:** https://www.linkedin.com/company/gog-india

## Regulatory record

- **Reports private funds:** No

## About

The Government of Gujarat is the supreme governing authority of Gujarat and its districts. It is based in Ahmedabad, India. The government consists of an executive, a judiciary, and a legislative body.

## Sectors

- Infrastructure
- Energy & Renewables
- Industrial Development

## People

- Narendra Modi — Chief Minister (2001–2014)
- Bhupendra Patel — Chief Minister (2021–present)
- Amit Shah — Former Home Minister of Gujarat (2003–2014)

## Questions

### How does the Government of Gujarat allocate capital across sectors?

The government uses a multi-entity model: GSPC for energy, GIDC for industrial estates, and GUVNL for power distribution. Capital is allocated through annual budgets that earmark funds for infrastructure, health, agriculture, and industrial incentives. The fiscal year 2025–26 budget allocated ₹3.2 trillion total (per the Gujarat Budget document).

### What is the 'Gujarat Model' of economic development?

It refers to the state's strategy of using proactive industrial policy — land acquisition for special economic zones, subsidized power tariffs, and large-scale infrastructure spending — to attract private investment. First implemented under Narendra Modi from 2001–2014, the model has been cited in World Bank research on state-level growth in India.

### Does the Government of Gujarat invest directly in private companies?

Generally, no. The government invests through state-owned enterprises and public-private partnerships (PPPs). It ventures with private firms like Adani and Reliance on port and power projects. The state does not hold a traditional equity portfolio in public or private companies.

### What is the government's role in the renewable energy sector?

Gujarat is a national leader in solar and wind energy. The state has built the 1.3-GW Gujarat Solar Park in Kutch and has targeted 100 GW of renewable capacity by 2030. Through GUVNL, it procures power via reverse auctions and offers land for mega solar parks (per Ministry of New and Renewable Energy, 2024).

### How is the Government of Gujarat structured to manage its finances?

The state government operates through 31 departments, overseen by the Chief Minister and a cabinet. The Finance Department manages tax and non-tax revenues, while state-owned enterprises report to line ministries. The government also has a contingent fund for emergencies and a consolidated sinking fund for debt management.

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Last updated: 2026-06-03T20:00:00.000Z

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