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Government is working to create an investment friendly environment in every sector: Chief Minister | News India

Jaipur, September 5 (HS). Chief Minister Bhajanlal Sharma said that there are immense possibilities for industry in Rajasthan. The state government is working with foresight to create an investment-friendly environment for industrialists and to attract investment in every sector. He said that our government is committed to develop the state as a hub of economic development and investment.

Sharma was addressing the two-day Economic Times Business Summit held in Jaipur on Thursday. He said that opportunities will be identified by exchanging ideas through this summit and new partnerships will be formed. He hoped that this two-day summit will yield positive suggestions for industrial development in the state, which can be implemented to make Rajasthan one of the leading states of the country and the vision of developed India-developed Rajasthan by 2047 will gain momentum.

The Chief Minister said that recently when a film producer told about the need of a film city in Rajasthan, the government identified the land and started the process of its allotment within four hours. Our government is taking decisions for the development of the state in hours, not months and days. He said that to provide cheap electricity to the entrepreneurs of the state, the process of making joint ventures by signing MoUs worth Rs 2.24 lakh crore in the energy sector has also been started. He assured that our government believes not only in signing MoUs but also in implementing them.

Sharma said that the state government is constantly making new policies to provide a profitable environment to investors. Rajasthan Industrial Policy, Investment Promotion Scheme, Export Promotion Scheme, Logistics and Warehouse Policy, Data Center Policy and MSME Policy are part of our concrete efforts in this direction. He said that public-private partnership accelerates industrial development. The vision of a big industrial project and strong infrastructure can be fulfilled through the PPP model. He said that now any investor from any corner of the world can apply for investment in the state through the Raj Investment Portal.

The Chief Minister said that Rajasthan is the largest state in India in terms of area and is also very important from the economic point of view. He said that mineral resources like gold, iron ore, crude oil, natural stone, uranium and lithium are available in the state. Also, Rajasthan is a leader in the production of spices, aromatic crops and coarse grains. Due to favorable geographical conditions, it will prove beneficial for industrialists to invest here.

Sharma said that 'Rising Rajasthan' Global Investment Summit 2024 will be organized from 9 to 11 December to provide a favorable environment to the investors in the state. The state government is continuously organizing road shows and investor meetings at various places to make the event a success and to connect entrepreneurs from all over the world. In this connection, the first investor meet organized in Mumbai witnessed immense enthusiasm of investors and MoUs worth more than Rs 4.5 lakh crore were signed in it.

On this occasion, Urban Development Minister Jhabar Singh Kharra said that Prime Minister Narendra Modi has launched many such programs like Make in India and Start Up India which have increased industrial development in the country. He said that under the leadership of Chief Minister Bhajanlal Sharma, a favorable environment for investment is being created for industrialists in the last eight months. During this, the organizers presented mementoes to the Chief Minister. The Chief Minister also visited the exhibition. Principal Secretary Industries Ajitabh Sharma gave information about the programs and innovations being done by the state government in the field of industries. Economic Times Business Head Amit Kumar Gupta, Google Cloud India Head Lokesh Lohiya, CEO Cement Business Adani Group Ajay Kapoor, Container Corporation of India Limited Chairman Sanjay Swaroop also expressed their views in the program. A large number of entrepreneurs and investors were present on this occasion.