Vasundhara Raje
indianexpress

To provide more employment opportunities for the people of Rajasthan, the state government is busy in creating an industry-friendly environment in the state. In fact, investors also like to invest their capital in the desert state. In the recent times, CM Vasundhara Raje took a meeting of State Cabinet ministers and approved various investment proposals worth more than Rs 6,000 crore. In this meeting, 13 proposals regarding various investments worth Rs 6000 crore were approved. Know more.

This approval for investments not only provides employment to almost 15,000 people but gradually improves the economy of Rajasthan. Various important decisions were also taken like Rajasthan government also rolled out several rebates and subsidies on investments as per the state government policies, shared Parliamentary Affairs Minister Shri Rajendra Rathore.

Vasundhara Raje
image credit: dna

He also said that the Cabinet also approved to take loan worth Rs. 5000 crore from the National Cooperative Development Corporation for the state government’s crop loan waiver scheme. He also told that the investments would be coming up in various sectors including guar gum powder, gypsum based industries, textiles and yarn. Different industrial and business units would be set up on approved investment proposals across various districts of Rajasthan.

Major projects
There are also some grand proposals which got approval of CM. These are yarn spinning project by Shree Vallabh Pitti Group with an investment of Rs. 2000 crore at Eklera in Jhalawar, a cement manufacturing units by Bangur Cement with investment worth Rs. 1013 crore at Jaitaran in Pali and Udasar in Sri Ganganagar districts. Along with this, cement plant by Wonder Cement to invest Rs. 800 crore at Nimbahera in Chittorgarh and a BPO by Siyaram services in Sitapura Industrial area with an investment of Rs 140 crore would be set up. The proposals for setting up an auto-parts manufacturing unit at Karoli (Alwar) and PVC pipe manufacturing unit were approved.