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Investment in Rajasthan: Rajasthan government says that the entire investment environment is ready in the state and investment worth Rs 7 lakh crore will come in the coming time. He said that the growth rate of the state’s GDP is also above 12 percent.
New Delhi. On the economic front, the speed of not only the country but also the states is praiseworthy. The growth rate of a less industrially known state like Rajasthan is also running above 12 percent. State Chief Minister Bhajanlal Sharma said that under the Rising Rajasthan campaign, MoUs worth Rs 35 lakh crore are ready, out of which projects worth about Rs 7 lakh crore have reached the stage of progress on the ground. This means that the state can get investment of Rs 7 lakh crore in the coming time. The CM said this in the annual convention and 98th AGM of FICCI and expressed commitment to contribute significantly to the national goal of Developed India @ 2047.
According to Chief Minister Sharma, Rajasthan has registered a GSDP growth of 12.2%, which is higher than the national average. Now per capita income has increased to Rs 1.85 lakh. He said that strong law and order, time-bound approval system, robust single-window system and transparent land allotment have created a reliable and stable environment for investors in the state. Investors say that now there is ‘predictability’ i.e. stability in Rajasthan. This is our biggest achievement.
Big investment in energy sector
Chief Minister Sharma said that Rajasthan is the national leader in renewable energy, ranking at the top in the country with 22,860 MW solar capacity and third in the country with 5,195 MW wind energy. Besides, the state is also moving towards becoming a leader in green hydrogen and green ammonia production. Referring to the mineral wealth of the state, the Chief Minister said that 86 types of minerals are available in Rajasthan and the government’s policy now is to make the state a major center of mineral-based industries instead of sending only raw materials.
Small enterprises growing in the state
On the issue of entrepreneurship, the Chief Minister said that more than 5 lakh MSMEs and more than 7,000 startups are active in the state. Nearly Rs 1,000 crore of funding and more than 42,500 jobs have been created through programs like iStart. He also gave information about big plans for infrastructure development and said that rapid work is going on towards investment of Rs 60,000 crore in roads, new industrial clusters, multimodal logistics parks, border economic zone and expansion of air and urban infrastructure. Rajasthan is a huge state, hence it is necessary to reduce the distance. Therefore, 9 greenfield corridors are being built rapidly in the state.
FICCI is playing a commendable role in giving impetus to industry and trade in the country. today in new delhi @ficci_india Interacted with entrepreneurs and young entrepreneurs from across the country at the inaugural ceremony of the 98th annual conference of ICICI Bank.As a result of the reformative and opportunity-based vision of the double engine government… pic.twitter.com/00GQ6FRaB3
