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Explore investment opportunities in Rajasthan, says Vasundhara

JAIPUR: Rajasthan Chief Minister Vasundhara Raje has called upon entrepreneurs from India and abroad to explore investment opportunities in Rajasthan. She sought investors to step forward for the development of a “Resurgent Rajasthan.”

Addressing business partners, corporate executives, entrepreneurs and chamber members during a curtain raiser function of “Resurgent Rajasthan: Partnership Summit and Investment Road show” at the FICCI Auditorium in New Delhi on Sunday Ms. Raje said: “Rajasthan is surging ahead on all fronts. Earlier, investors used to hesitate while making investment in the State. Now they are showing keen interest.”

On the occasion Ms. Raje launched the website, www.resurgentrajasthan.com. “Resurgent Rajasthan: Partnership Summit” is scheduled in Jaipur on November 30 and December 1, 2007.

Focusing on the progress made by Rajasthan in the last three and half years Ms. Raje said her Government has been laying strong emphasis on diversifying the State’s economy and putting it on a high growth trajectory. The industrial progress, increase in rate of economic growth, steps towards attaining self sufficiency in power, improved fiscal position, changing education scenario, water resources, public private partnership (ppp) and the mid-day meal scheme were some of the areas mentioned by her.

Ms. Raje claimed the State was a pioneer in electricity with no power cuts in any unit at present.

Rajasthan was on its way to becoming self sufficient in power and would become a surplus State by 2008. To check the T&D losses a project named Feeder Renovation Programme, costing Rs.5,000 crore, was being carried out. For water resource development a number of projects costing Rs.18,000 crore, are in operation. These projects would redress problems in irrigation, drinking water supply and water for industries.

Listing the advantages in investing in Rajasthan, Ms. Raje said the State, which stood in the neighbourhood of Delhi, Haryana, Gujarat and others, was a strategic place for locating industrial units.

Nearly 40 p.c. of the Delhi-Mumbai Industrial Corridor, proposed alongside the dedicated Rail Freight Corridor, would pass through Rajasthan. Rajasthan Industry Minister Narpat Singh Rajvi on the occasion said oil and gas exploration would add a new dimension to the development of the State.

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