Five proposals for investment of Rs 6,994 crore approved in Rajasthan

Rajasthan Chief Minister Ashok Gehlot approved five projects with a total investment of Rs 6,994 crore in the state. These proposals were approved in the fourth meeting of the ‘Board of Investment’ at the Chief Minister’s residence on Saturday. About 5,415 people are expected to get employment from these projects, according to a statement. The statement quoted Gehlot as saying that the state government is committed to setting up new industrial units in the state and increasing employment opportunities in the private sector.

He said that the state government has implemented several important policies and programs in the last four years to increase investment in the state. In Rajasthan, facilities are being provided to the investors through MSME Policy, Rajasthan Investment Promotion Scheme, Rajasthan Industrial Development Policy and ‘One Stop Shop System’. He said that the recently released ‘RIPS 2022’ has been widely appreciated by the investors. Due to these policies, we are continuously getting offers from international companies. This will further strengthen industrial development.

Instructing the concerned departments, the Chief Minister said that by removing the obstacles coming in investment, it should be ensured that the projects are started in a time-bound manner. He directed the Chief Secretary to hold a meeting with the departmental officers for a detailed study on the proposals received. The projects of Wonder Cement Ltd., JK Cement Ltd., Fortelia Industries Pvt Ltd, Barwe Group and Maya Hill Resorts LLP were approved in the meeting.

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