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242 MoUs and LoIs amounting to a total of Rs.1.55 lakh crore signed People of Rajasthan are source of my energy, says CM JAIPUR: The Rajasthan Government’s two-day investment overdrive, “Resurgent Rajasthan Partnership Summit,” led to the signing of a total of 242 memorandums of understanding (MoUs) and letters of intent (LoIs) amounting to a total of Rs.1.55 lakh crore investment on its opening day here on Friday. Among those who have shown interest in new investment as well as in expansion of their existing infrastructure in the desert State are the Vedanta Group, Cairn Energy, Fortis Healthcare, Mahindra Group, ICICI Bank, The Grand Hotels, Narayan Hridayalaya and Deutsche Bank. It was Chief Minister Vasundhara Raje all the way at the summit in which despite some apprehension, dissident Industries Minister Narpat Singh Rajvi too joined while a good number of her Cabinet colleagues were absent. In her inaugural address as well as in her speech at the national executive committee meeting of FICCI, partners in the summit, in the afternoon, Ms. Raje dwelt on the emergence of “New Rajasthan” and spoke about the State finally coming out of a “certain mindset”. The captains of trade and industry, including K. V. Kamath, chief of ICICI Bank, Anil Agarwal, chairman Vedanta, Shivendra Mohansingh, managing director of Fortis Health Care, Arun Nanda of Mahindras, and M. Takedagawas of Honda Siel Cars India Ltd were present. “The investors are coming on their own. We have not offered any special incentives to them here. We just showcased what we have to offer as well as the changed atmosphere in the State,” a visibly pleased Ms. Raje told journalists in the evening as the top bureaucracy, diffident till the other day about the volume of the investments coming, tallied the commitments. Of the agreements, 216 are MoUs and 25 LoIs. “Rajasthan has moved in the right direction. Nobody has been arm-twisted to come here,” she said in her inaugural address in which she desisted from making any politically scoring comments on the eve of the fourth anniversary of her taking over the reins of Rajasthan. Only once she mentioned the “Parivarthan Yatra” which steered her to victory in the State elections in 2004. Ms. Raje, who concentrated on the breakthrough the State could make in its finances, power, road infrastructure, education and healthcare, urged others, especially the media, to be “positive”. “Why don’t we give some hope to the people? Until the mindset changes you cannot change anything in Rajasthan,” Ms. Raje said. “I am fed up with this negativism. It is difficult to think positive when you are worried about TRPs and the sales of the newspapers,” she said taking a dig at the media. “The people of Rajasthan are the source of my energy. Everything I have has come from them. For the past four years they have struggled together with us and have kept it going,” she said. FICCI Secretary-General Amit Mitra in his vote of thanks did not miss the “Rajevision”: “Your vision today is tomorrow’s vision, Madam,” he said.
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