During the ‘Rising Rajasthan’ Global Investment Summit 2024, Rajasthan government signed MoUs worth Rs 35 lakh crore, the highest in the history of the state. State Commerce and Industry Minister Colonel Rajyavardhan Rathore said while talking to Anil Sharma that this will open the way for growth in many sectors and create employment opportunities. Highlights…
,How was ‘Rising Rajasthan’ Global Investment Summit 2024?
This summit, full of limitless possibilities, was fruitful in garnering investment and creating new jobs. MoUs for investment worth Rs 35 lakh crore were signed in the summit. These investments will drive growth in many sectors. , will ensure employment generation and industrial growth in the next four years.
What was the main reason for this reaction of investors?
Several factors have made Rajasthan a preferred destination for investors, such as ease of doing business, digitalization of the investment process through the RajNivesh platform, simplification of approvals through a single-window system and pro-investment policies, etc. The Rajasthan Investment Promotion Scheme 2024 provided attractive financial incentives including subsidies, tax exemptions and employment generation incentives while Rajasthan appointed 23 senior IAS officers in international jurisdiction as a single point of contact for foreign investors, thereby facilitating smooth investment. The process was decided.
How will the government bring the MoU to fruition?
The government, under the leadership of Chief Minister Bhajan Lal Sharma, took a bold decision to organize the summit earlier in the year to ensure that the signed investment proposals are converted into ground projects in the remaining tenure.