CM Bhajan Lal Sharma said that work is being done in a planned manner in all areas to increase investment in the state.”
CM Bhajan Lal Sharma said that the state government is working with the goal of doubling the economy of the state. For this, the government and the private sector are investing in various sectors. He informed that the Government is committed to promote investment in all sectors in a planned manner so that the dream of “New Rajasthan, Changing Rajasthan, Rising Rajasthan” comes true.
Speaking at the Genpact Global Meet held in Jaipur on Thursday, CM Bhajan Lal Sharma congratulated on the completion of 20 years of Genpact. He said that more than 90% of Genpact’s 8,000 employees working in Jaipur and Jodhpur are locals, who are playing an important role in employment generation in the state. He informed that Genpact has also planned to provide employment to thousands of people by investing in the Rising Rajasthan Summit, for which the land selection process has been completed and the government is providing all possible help to get the project off the ground soon.
Ease of doing business priority for entrepreneurs
CM Bhajan Lal Sharma said the state government is working on models like InvIT and HAM to promote “ease of doing business.” MoUs worth more than Rs 35 lakh crore have been signed in the Rising Rajasthan Summit held in the very first year. For the convenience of investors, the government has implemented new policies like Data Centre Policy, AVGC-XR Policy and Rajasthan Investment Promotion. Investment is being further encouraged by giving thrust sector status to Information Technology and allied sectors.
Increased investment in infrastructure
CM Bhajan Lal Sharma informed that the state government has increased the capital expenditure by more than 65% in the first budget itself. The government is committed to the development of infrastructure. Under this, partnerships have been made with global companies like Apple, Microsoft, Oracle, Cisco and Adobe so that the youth can get high-quality training. The government is implementing new policies to boost growth in sectors such as mining, tourism, textiles and apparel and appeals to investors to take advantage of these opportunities.
There is a huge potential in Rajasthan.
CM Bhajan Lal Sharma said that Rajasthan is the biggest state in the country and there are immense possibilities in various fields. In the energy sector, the state government has signed MoUs with various companies of the Government of India for investment of more than Rs 2 lakh crore. To increase water availability, agreements have been signed with Madhya Pradesh and the Government of India under the Ramjal Setu Link Project, under which works worth about Rs 10,000 crore have been approved. Extensive work is being done for groundwater recharge through programmes like Atal Bhujal Yojana, Mukhyamantri Jal Swavlamban Abhiyan and Karambhoomi to Mathrubhumi.
The contribution of Genpact
Mr. B. K. Kalra, CEO, Genpact said that under the leadership of CM Bhajan Lal Sharma, significant progress is being made in the field of investment in Rajasthan. The recently held Rising Rajasthan Summit has opened up new opportunities for investors. He informed that Genpact is currently providing employment to thousands of youth and will play its role in the development of the state in future as well.
Shri Piyush Mehta, Country Head, Genpact, Shri Shikhar Agarwal, Additional Chief Secretary (CMO), other government officials, Genpact officials and participants from across the country and abroad were present on the occasion.