Madhya Pradesh getting 250 requests daily: Chouhan

Chief minister Shivraj Singh Chouhan said Madhya Pradesh has received an overwhelming response for the forthcoming Global Investors’ Summit with 3,245 delegates sending their confirmation.

Chief minister Shivraj Singh Chouhan on Monday said Madhya Pradesh has received an overwhelming response for the forthcoming Global Investors’ Summit with 3,245 delegates sending their confirmation.

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"We are getting almost 250 requests daily for registration. But unfortunately the venue cannot accommodate more people," the CM said, after reviewing preparations for the investors’ summit.

Prime Minister Narendra Modi will formally inaugurate the summit on October 9. Union minister for micro, small and medium enterprises Kalraj Mishra will attend the event on October 8, which has been specially organised for the SME sector.

The chief minister said there was a time when global investors were ignorant about Madhya Pradesh.

Replying to a query on the impact of Modi’s presence during the summit, Chouhan said, "Modi has now become a global leader and his presence will definitely give a boost to the summit."

Later in the day, the chief minister will hold one-to-one meetings with leading industrialists.

The government has planned 36 sectoral presentations with focus on different sectors. The presentations will also highlight policies of the government in different sectors such as IT, textile, tourism and food processing.

"All the ministers concerned and department officials will be present during the sectoral seminars," Chouhan said.

The chief minister said state government has created a land bank of 20,000 hectares for industrial allocation.

"Last time the focus was more on signing MoUs (memoranda of understanding) with the investors. The focus will now be on showcasing the investment potential through sectoral seminars," Chouhan said.

'No fiscal crisis in MP' Chief minister Shivraj Singh Chouhan said there was no financial crunch despite government giving a compensation of Rs 3,000 crore to farmers for crop damage and Rs 4,000 crore for power subsidy.

The state government has reportedly taken a loan of Rs 4,000 crore to disburse salaries and allowances to government employees and put a restriction on payment of more than Rs 5 crore at a time to any agency.