Rajasthan government signed MoU of Rs 76,400 crore with more than 400 investors at the Urban Development and Housing (UDH) pre summit of Rising Rajasthan Global Investment Summit at Jaipur.
The investments were done mainly in the field of real estate, data centre, IT Park, township and educational institutions. Major players signing up investment commitments included Hiranandani, K Raheja Corp, Kasturi Group and Vraj Group.
With this, the total investment commitment for Rising Rajasthan Summit has crossed Rs 13.50 lakh crore.
UDH minister Jhabar Singh Kharra said that Rajasthan is the best suited investment destination of India.
“Around 25% of the population in Rajasthan lives in urban areas and every district of Rajasthan is important economic centre, which is promoting the overall economic development of the state. The main focus of the government is to strengthen basic infrastructure and promote low cost housing and public transportation in the state,” he said.
Rajasthan chief secretary Sudhansh Pant said that the government is focusing on ease of doing business.
“Our focus is on delegation of authority, reducing file processing and facilitating fast decision making in the government,” he said.
Pant said that the Bhajan Lal Sharma government has decided to organise the summit in the first year itself so that the projects can be brought on ground in next two-three years.
UDH principal secretary Vaibhav Galriya gave an elaborate presentation on government's vision of development.
“We have the largest land parcel in Rajasthan, which is vital in view of growing urbanisation. Projects like ERCP will fulfill the demand of water in eastern districts. Moreover policies on low cost housing and township will catalyse urban development in the state. Investor friendly policies then woo investment from across the globe,” Galriya said.
Senior officers of urban development and local self governance department including principal secretary LSG Rajesh Kumar Yadav, Director Local Bodies Kumar Pal Gautam, JDA commissioner Anandhi and Housing Board commissioner Rashmi Sharma were present.
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.
