After a lull in the political storm that threatened to blow away Congress in Rajasthan, it is back to business for Chief minister Ashok Gehlot as he started preparations to attract investments in the state.
The state is gearing up for the ‘Invest Rajasthan Summit’ to be held on October 7 and 8. The summit will be held in the capital, Jaipur, and the state government has set a target investment of ₹10 lakh crore.
According to information, the government has so far received proposals worth more than ₹10 crore. CM Gehlot has approved a customised package for 32 projects for the promotion of investments worth more than ₹1.42 lakh crore in the state. With this, more than 32 thousand people are expected to get employment opportunities in the state.
While speculations were rife about his fate as the CM of the state, following an uprising by his supporters, the latest appears to have hinted that Gehlot will be there to stay – following his scuppered attempt to become the national president of the grand old party.
At the third meeting of the Board of Investment at the Chief Minister’s residence on Sunday, Gehlot said that the state government is dedicated to working on removing the hurdles to investment.
“The government has implemented several important policies and programmes to increase investment. In Rajasthan, many facilities are being given to investors through MSME Policy-2022, Handicraft Policy-2022, Tourism Promotion Policy-2022, Rajasthan Investment Promotion Scheme-RIPS-2019), Rajasthan Industrial Development Policy-2019 and One Stop Shop System,” he said.
“Due to the industrial policies of the state government, proposals from big international companies to set up industrial units in the state are constantly being received. This will further strengthen the industrial development of Rajasthan,” he added.
India’s leading industrial houses, Reliance Industries and Adani Group, will also make major investments in the renewable energy sector in Rajasthan. Mukesh Ambani’s firm, Reliance New Solar, has tied up with the Rajasthan government for an investment of about ₹1 lakh crore in the state.
When asked why Gautam Adani was invited to the summit when the Congress accuses him of colluding with the central government, Gehlot said that anyone who makes a good offer of investment in accordance with the laws is welcome to invest in Rajasthan because it will benefit the people of the state.
CM further informed that out of investment agreements worth ₹10 and a half lakh crores, MoU (Memorandum of Understanding) and LOI (Letter of Intent) worth about ₹8 lakh crores are in the energy sector. Most of the investors have entered into agreements for solar energy, and wind energy projects.