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Rajasthan govt inks MoUs worth ₹69,789 cr; over 11,000 jobs to be created
Currently, Rajasthan is a leading state in the country which is receiving a huge flow of investments in refinery, petrochemicals, solar energy, education, health, infrastructure development, among others
The Rajasthan government inked a memorandum of understanding (MoU) worth ₹69,789.93 crore with investors in the national Capital on Wednesday.
The MoU is expected to generate a total of 11,846 direct employment opportunities in the state.
Addressing the MoU signing ceremony as part of the ‘Invest Rajasthan 2022’ to be held on 7 and 8 October in Jaipur, chief minister Ashok Gehlot said Rajasthan holds immense potential for establishment of industries.
The state government’s key priority is to identify and get rid of the problems faced by investors.
Currently, Rajasthan is a leading state in the country which is receiving a huge flow of investments in refinery, petrochemicals, solar energy, education, health, infrastructure development, among others.
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Rajasthan has emerged as the preferred choice for investors due to its favorable policy framework.
Gehlot said industrial areas are being set up by RIICO in every block of the state.
Around 25% of the NCR area falls in Rajasthan which has an excellent connectivity across the country.
“Rajasthan leads the chart in the field of solar energy. A major part of the dedicated freight corridor and Delhi Mumbai Industrial Corridor also passes through Rajasthan. This will benefit the investors in a massive way,” he said.
“Along with the cultural and geographical diversity, there is now diversity of investors. Investments in renewable energy, agro processing, mining, e-vehicles, ceramics and glass are testimony to this”, the CM said.
The chief minister said that under RIPS, investors are being given packages according to their needs.
Under MSME-2019, all government approvals are being done through a one-stop-shop system with no government permission required for 3 years for new ventures. He said that policies have been prepared by the state government for each sector including solar energy, wind energy, MSME and RIPS.
Gehlot said Jodhpur district has the world’s largest solar park spread over 14,000acres.
He said that during his first term as chief minister, Jaisalmer produced only 2MW wind energy but at present, over 5,000MW is being produced.
Industries and commerce minister Shakuntala Rawat said 40% of the DFC corridor area and about 60% of DMIC area passes through the state.
Being the largest state with a strategic location, Rajasthan offers huge investment opportunities.
In order to promote investment, several steps have been taken like One-Stop-Shop, Rajasthan Investment Promotion Scheme 2019, Facilitation of Establishment and Operation Act.
