Cabinet approves investment proposals worth Rs 5,700 crore

The investment is proposed in sectors such as cement, IT, auto parts, guar gum powder, liquor manufacturing, textiles and cement.

jaipur Updated: Jul 18, 2018 21:56 IST
HT Correspondent
HT Correspondent
Hindustan Times, Jaipur
Rajasthan news
Cabinet minister Rajendra Rathore addresses a press conference in Jaipur on Wednesday. (HT PHOTO)

The cabinet on Wednesday approved 13 investment proposals worth Rs5738 crore for putting up industrial units in the state. The total job creation in the industries will be 13,234.

The investment is proposed in sectors such as cement, IT, auto parts, guar gum powder, liquor manufacturing, textiles and cement, parliamentary affairs minister Rajendra Rathore said briefing the media after the cabinet meeting.

The cabinet, which met after four months, also decided to give a guarantee to the National Cooperatives Commission for obtaining a loan of Rs5000 crore for funding the farm loan waiver.

On loan waivers, Rathore said that so far the state government has given loan waiver amounting to Rs5077 crore to 16.56 lakh farmers through 4361 camps held across the state.

Rathore said the government will give a guarantee to the NCDC and repay the loan at the rate of Rs 2000 crore per year over the next four years. Currently, the loans are being funded through the working capital of the apex bank. The first instalment of the loan will be received by January 2019, he said.

Rathore said by August 15, all eligible farmers would be issued loan waiver certificates.

The government has taken the power to appoint a committee for the selection of home guards. Rathore said earlier the DGP used to appoint the committee but now the state government will do so. He said the selection process for recruiting 1650 home guards will begin soon.

To woo different communities in an election year, the government has been allotting land to various communities. On Wednesday, the cabinet decided to give 1,629 sqm land to the Khandelwal Vaishya Sewas Samiti at 50% of the reserve price for a community centre in Vidyadhar Nagar, Jaipur while Sewa Bharti will be given 2000 sqm land in Kota and the All India Rebari Raika Samaj Sewa Sansthan will be given 2000 sqm land for a hostel in Jaipur at 50% of the reserve price.

Rathore said the cabinet decided to withdraw an amendment to the Pension Rules 1996 which stipulated that a government employee would be suspended if he or she has more than two children.

The cabinet has also decided that the vice-chancellor for the Sanskrit University will be selected according to UGC guidelines. A search committee, comprising one member nominated by the governor, one member from UGC, one member nominated by the state government and one member from the academic council of the university will select the vice-chancellor, said Rathore.

The cabinet decided to amend the Housing Board 1970 rules and give houses to families of martyrs. In the first instance, families of eight martyrs will be given MIG houses in Jaipur, said Rathore.

First Published: Jul 18, 2018 21:56 IST