CM Bhajan Lal Sharma said that with an aim to promote investment and generate employment in the state, the state government has implemented pro-investment policies in the first year of its tenure and successfully organized the Rising Rajasthan Global Investment Summit. This has resulted in a positive change in the industrial development and entrepreneurship environment in the State.
Chairing a review meeting of the Bureau of Investment Promotion (BIP) held at the Chief Minister’s residence on Thursday, he directed the officials to regularly monitor the progress of investment proposals and employment generated from them.
The Chief Minister informed that the government is providing various concessions and facilities to the investors under the Rajasthan Investment Promotion Scheme (RIPS-2024). In addition, an in-depth analysis of the investment proposals included in the customized package has also been asked.
He reiterated that the State Government is committed to extend all possible support to the investors who are serious about getting the projects off the ground within the stipulated time frame. In the meeting, necessary guidelines were given to the officials while reviewing the benefits received on the basis of investment proposals.
Discussions on exemptions, concessions and other facilities given to industries were also discussed in detail in the meeting. Senior officers of the Water Resources, Finance, Revenue, Power, Industries and Mines Departments, including the Chief Secretary, were present on the occasion.