Income generated from a rupee invested into net fixed assets By Rajiv Shah The Centre for Monitoring Indian Economy (CMIE), India’s topnotch independent economic thinktank headquartered in Mumbai, has suggested that half-a-dozen biennial Vibrant Gujarat business summits sponsored by Gujarat chief minister Narendra Modi to whitewash the impact of the 2002 communal riots have failed achieve their desired result. In a recent commentary, it has said, the Gujarat industrial investment was severely hit “following the 2002 riots”, and the result was, the “net capital formation was negative for three consecutive years following the riots.”