Rajasthan chief minister Bhajan Lal Sharma is not leaving any stone unturned. Right from wooing big overseas investors to connecting local entrepreneurs, Sharma is doing every bit for enabling Rajasthan top the investment chart. Industries minister Rajyavardhan Singh Rathore is also working hard to bring investment and investors to the state.
Senior officers including additional chief secretary to CM Shikhar Agrawal, principal secretary industries Ajitabh Sharma, principal secretary to CM Alok Gupta, BIP commissioner Rohit Gupta and RIICO managing director Inderjeet Singh were present.
Terming local entrepreneurs and industrialists as brand ambassadors of Rising Rajasthan, Sharma asked them to pursue non resident Rajasthani entrepreneurs working in other states to invest in their native place.
“The nation wide strong network of local entrepreneurs and industrialists will contribute a lot in the success of Rising Rajasthan. They can use this wide and strong network to invite their compatriots staying in Bihar, Assam, Tamilnadu, Andhra Pradesh, West Bengal. Odisha, Jharkhand and Telangana for investing in their motherland,” he said.
Attractive incentives to woo investment
Sharma said that the state government has come up with Rajasthan Investment Promotion Scheme (RIPS) – 2024, which has special incentive a for all sizes of industries be it large, medium and small scale.
“The minimum ticket size to quality for RIPS -2024 has been reduced to Rs 25 crore from Rs 50 crore. We are also launching new industry friendly policies to facilitate setting up industries and business in various sectors including startups, green hydrogen, export promotion, logistics and warehousing,” he said.
He said that the state government so far has signed an MoU worth Rs 18 lakh crore ahead of the Rising Rajasthan Summit.
“We are making every effort to see these investment commitments on ground,” he said.
No shortage of water and electricity for industries
Bhajan Lal Sharma said that the industries thrive if these get basic infrastructure and amenities like road, electricity and water.
“Our government has worked in a planned manner under a roadmap to meet the requirements of water and electricity. We have signed up an MoUs of Rs 2.24 lakh crore in power sector, which will enable us to become self sufficient in power generation by 2027. Then we will not buy power but we will be able to sell it io other states,” he said.
Similarly, Bhajan Lal Sharma, said that the state government has signed agreements of Yamuna river water and Parvati-Kali Singh- Chambal ERCP project to meet the requirements of water for industrial purposes.
Prakash Bhandari is a veteran journalist with over 50 years of experience. He has worked with The Times of India for 30 years and contributed to leading publications as well as international news agency AFP.
