Jaipur,Scheduled for November 19 and 20, 2015, Resurgent Rajasthan Partnership
Summit will conduct an exclusive sectoral session ‘Regulatory Reforms: Creating
an Investor-Friendly Environment’. This session will be attended by both
industrialists and senior government officials.
The focus of the discussion is expected
to be on the need for a sound policy and regulatory framework and efficient
supporting institutions to enforce the relevant laws and regulations imperative
for attracting investments. The session will also stress on the importance of
putting in place an adequate physical and social infrastructure in the state
which complements the policy and regulatory framework to create an
investor-friendly environment. These measures are expected to result in ease of
doing business in Rajasthan.
The main objective behind conducting
this session is to enable two-way communication between the government
regulators and the industry. The Chief Guest for the session will be Mr. Ananth
Kumar, Union Minister for Chemicals and Fertilisers. The key government
officials who will speak at the session will include Mr. Amitabh Kant,
Secretary, Department of Industrial Policy and Promotion; Dr. Ajay Shankar,
Chairman, Expert Committee on Ease of Doing Business and Mr. Abhay Kumar,
Commissioner- Industries, Government of Rajasthan.
Representing the industry, there will be addresses by Ms. M Teresa Kho, Country
Director (India), Asian Development Bank, Mr Sunil Kant Munjal, Joint Managing
Director, Hero Moto Corp, and Mr Ajay Shriram, Chairman & Sr. Managing
Director, DCM Shriram Ltd. Mr. Ajay Shriram lauded the reformative attitude of
the Rajasthan government and said, “Rajasthan has everything going for it; it
has a progressive political leadership, a responsive bureaucracy, adequate
land, access to markets and a hardworking young population. Further, several
policy announcements for improving the business environment has given it a head
start.”
“Rajasthan was amongst the first few
states to realize that the need of the hour is to create jobs for its young
population. The State has generated the right climate for investment and
growth. I am confident that this will result in furthering employment and
thereby reducing poverty.”
In September 2015, Department of
Industrial Policy Promotion published a report on the ranking of Indian states
on ease of doing business. Rajasthan has led several Indian states in
introducing business reforms. The state has been ranked amongst the top 5
states in India for complying with tax and environmental procedures, carrying
out inspections, allotting land and providing construction permits timely.
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