announces landmark reforms to encourage mining and tourism
Jaipur, As a part of the efforts of the State to promote investment opportunities in Rajasthan, the Chief Minister, Smt. Vasundhara Raje, met with ambassadors and senior diplomats from various countries at an event organized in New Delhi today by the state government in association with the Confederation of Indian Industry (CII).
The Chief Minister was accompanied by the Minister for Industries, Gajendra Singh Khimsar; the Chief Secretary, C. S. Rajan; the Principal Secretary of Industries and Managing Director, Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO), Smt. Veenu Gupta; Principal Secretary Tourism, Shri S.K. Agarwal; and the Principal Secretary Mines & Petroleum, Shri Ashok Singhvi.
The Japanese Ambassador, Mr. Takeshi Yagi; the Singapore High Commissioner Mr. Lim ThuanKuan; the Korean Ambassador MrJoon-gyu Lee; the Danish Ambassador Mr. FreddySvane; the Malaysian High Commissioner Mr. DatukNaimunAshakli Bin Mohammad; the Spanish Ambassador Mr.Gustavo de Aristegui; the United Arab Emirates AmbassadorMr. SaedAlMheiri; andthe Slovenian Ambassador Ms. DarjaBavdažKuret, among others, were present at the event.
The Chief Minister explained the strengths of the Rajasthan economy and the direction of some of the policies initiated by her government.
Chief Minister Raje said, “Rajasthan is now writing its growth story. From simplifying and rationalizing regulations to establishing associations at the global level in technological, industrial as well as social spheres, we have always put the happiness quotient of all our stakeholders at the centre of our development strategy.
She added, “We have completely revitalized our policy framework. Our Solar Policy is already receiving accolades. Our government has already shown the way forward in enhancing the ease of doing business through our landmark labour reforms and an efficient single window clearance system. Today, we have launched a new Mineral Policy and Tourism Unit Policy. The essence of all our efforts lies in the creation of an enabling, conducive and thriving environment for businesses, enterprises and industries that leads to generation of job opportunities for our youth, nurturing of our MSMEs, improved capabilities for our farmers, value-added educational and health services and much more. Rajasthan is where all the excitement is. There can be no better time to invest in Rajasthan than now!”
TheChief Minister also extended an invitation to the dignitaries to attend the Resurgent Rajasthan Partnership Summit, slated to be held in Jaipur on November 19-20, 2015.
Industries Minister Gajendra Singh said, “A number of factors make Rajasthan an ideal destination for investment in industry. Being the largest state in the Union with a comfortable population density, Rajasthan can provide land for industry with ease. We have surplus power and are blessed with 79 varieties of minerals, of which 58 are being commercially mined. We have a geographical advantage because of which 327 industrial areas have been setup over 19,200 acres. More such parks will come up once the Dedicated Freight Corridor, under the Delhi Mumbai Industrial Corridor, is operational.”
Chief Secretary C.S. Rajan said, “Rajasthan has 24x7 availability of power throughout the year and has abundant raw material and land for setting up industries. Investors in the state have direct access to five major states of India with a combined population of 385 million. We have the second largest network of National Highways in India, a strong rail network of 5,822 km; and three airports offering domestic and international connectivity.”
Principal Secretary – Industries Veenu Gupta, who made a presentation to the dignitaries, said, “In Rajasthan, you will find a good mix of leading foreign and domestic companies, large and small enterprises, traditional and sunrise sectors. We have made far reaching changes in our industrial, labour and investment policies. The Rajasthan Investment Promotion Scheme (RIPS) 2014 provides for attractive financial incentives and subsidies for investors.”
The Chief Minister unveiled the new Tourism Unit and Mineral policies of the state government at the event.
Sharing the salient features of the new Tourism Unit Policy 2015, Principal Secretary – Tourism, S.K. Agarwal, said, “Our attempt has been to incentivize private players to take up new projects by broadening the category of Tourism Units, simplifying land conversion and rationalising taxation. We have also recognized the role of private players in the training and skilling of manpower. It is expected that the new Tourism Unit Policy will induce fresh investments and revitalize the existing industry.”
Details of the highly-anticipated Rajasthan Mineral Policy-2015 were also provided to the audience. Said Principal Secretary – Mines & Petroleum Ashok Singhvi, “The period of mining lease will be 50 years from the date of initial grant, which can be subsequently extended twice for a 20 year period, subject to a maximum lease period of 90 years. Benefits under the RIPS scheme shall be extended to encourage value addition and setting up of industry. International prospecting companies shall also be invited to identify mineral resources for development.”
Mr. Chandrajit Banerjee, Director General CII added that the Resurgent Rajasthan will set new landmarks for growth and development in the country as well as internationally to attract investments. CII has been working closely with the state government in providing sectoral policy inputs and sharing best practices. “Today’s Ambassadors’ Roundtable is a unique endeavor to bring together select Ambassadors, High Commissioners and senior diplomats to meet and interact with the top team of the State government for future collaborations."
Advisor of Chief Minister Advisory Council Mrs. Meera Mehrishi, Union Finance Secretary Mr. Rajiv Mehrishi, Additional Chief Secretary Ashok Jain, Secretary to CM & Information Public Relations T.Ravikant, IAS Kuldeep Ranka, Samit Sharma etc also were present at the event.
About Resurgent Rajasthan Partnership Summit
The Resurgent Rajasthan Partnership Summit, scheduled to be held in Jaipur, Rajasthan, India on November 19-20, 2015, will bring together leading investors from all over the world for interacting with policy makers, including the political leadership, government officials and local business leaders on the investment environment and opportunities in Rajasthan. The summit is being organized by the Government of Rajasthan in association with the Confederation of Indian Industry (CII). The summit will have thematic seminars, conventions, panel discussions, discussion forums, B2B & B2G meetings, exhibition pavilions and other networking programmes. The state government expects a significant surge in global investor interest and definite commitment to invest as a result of the Resurgent Rajasthan Partnership Summit.