On three days of December – 9, 10 and 11th, the sun will rise in the west with the herald of ‘Rising Rajasthan' – an investment summit, which promises to bring huge investments and industrial development to the state from across the globe.
This investment summit is likely to be different from other ‘investment jumboree' held in previous governments. Confederation of Indian Industry (CII) is the industry partner while at the government arm – Bureau of Investment Promotion (BIP) is the nodal agency for this summit.
“We are not like previous governments, which had organised these summits during close to their term-end so that they don't have to be accountable. We are not afraid of challenges. That's why we are organising this in the first year itself,” said chief minister Bhajan Lal Sharma while launching the colourful and attractive investor summit logo.
He said that the government will provide every possible support to realise the investment pledged by investors in this summit.
“We will provide them with prior information about the policies and facilitate with other details of the sector in which they intend to invest. This will help them realise their investment,” he said.
Road shows to attract investors in Rising Rajasthan
Rajasthan government has planned road shows across the globe to attract global players. This will also enhance the brand identity of Rajasthan at various forums. The government will organise road shows in potential cities to hard sell Rajasthan as a dream investment destination.
CM launches single-point investor interface
To ease the process of MoUs, chief minister Bhajan Lal Sharma launched single-point investor interface. This interface will help investors to express their interest online for investment in a particular sector. Their proposals will then be processed online without any human interface. Soon after launching this innovative system, Bureau of Investment Promotion – the nodal agency for Rising Rajasthan – received investment proposals of more than Rs 8,000 crore.
Rajasthan is an ideal state for investment
Rajasthan industry minister Col. Rajyavardhan Singh Rathore said that the state has unlimited investment opportunities.
“The objective of Rising Rajasthan is not only signing MoUs but to realise the investment proposals on ground. We want to bring global companies to state, which is endowed with immense mineral wealth, natural resources and skilled manpower. We want to generate employment opportunities for our youth,” he said.
Aim is to institutionalise Rising Rajasthan investment summit
The chief secretary Sudhansh Pant said that the state government is organising investors summit in the first year itself to generate fresh investment opportunities through industry-friendly policies.
“We have made investment process simple. Investors need not to come in person to pursue their investment proposal. The government will clear their proposals online through single-point investor interface. We are here to institutionalise Rising Rajasthan Investment summit so that development in areas like green energy, skill and women empowerment can be ensured,” he said.
Knowledge-rich sessions and conclaves to be part of this summit
Principal secretary of industries and chairman RIICO Ajitabh Sharma said that the state government will organise a series of road shows across the world to attract investment and introduce the investor-friendly policies of Rajasthan.
“We will also organise strategic sessions on various topics, sectoral sessions and interactive sessions with leading industrialists to enhance the knowledge of participants. We will also organise various conclaves on MSME, Start-up and summit of non resident Rajasthanis,” he said.
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.
