Shri 𝗦𝘂𝗱𝗵𝗮𝗻𝘀𝗵 𝗣𝗮𝗻𝘁, Chief Secretary, Government Of Rajasthan, today chaired a review meeting to assess the progress of MoUs ranging from INR 100 crore to INR 1,000 crore, signed during the ‘Rising Rajasthan’ Global Investment Summit 2024. The review meet was organised as part of the 3-layered monitoring framework put in place to facilitate smooth implementation of the MoUs signed during the investment summit. During the meeting, a key decision was taken to classify the signed MoUs into A, B and C categories basis the level of commitment and interest expressed by the investors. Investors with highest interest and commitment will be categorized in A category followed by those in category B and C. Hon'ble Chief Secretary directed the officials to prioritize A category investors and take dedicated steps towards their project implementation. During the meeting it was decided that by 31st January 2025, the officials will facilitate site visits for all investors and assist them in identifying suitable land parcels. The allotment of the identified land parcels will also be closed by 31st March 2025. Shri Ajitabh Sharma, IAS, Principal Secretary, Industries, Government of Rajasthan, termed land-related approvals as key for fast-tracking the implementation of the investment proposals. He also suggested that workshops would be conducted for the nodal officers to familiarize them with the portal tracking progress on the MoUs. #RisingRajasthan #MoU #Review #Meeting Col Rajyavardhan Rathore | Inderjeet Singh | Rajasthan Government | Bureau of Investment Promotion, Rajasthan | Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) | Confederation of Indian Industry | Rajasthan Foundation
Rising Rajasthan
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Jaipur, Rajasthan 11,477 followers
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The 'Rising Rajasthan' Global Investment Summit 2024, held from 9th to 11th December 2024 at JECC, Jaipur, concluded with resounding success. The summit, organized by the Department of Industries and Commerce, was inaugurated by Hon’ble Prime Minister Shri Narendra Modi Ji. The summit, organised under the leadership of Hon’ble Chief Minister, Shri Bhajan Lal Sharma, turned out to be the most successful in state’s history with the signing of investment proposals worth INR 35 lakh crore. The government is now working tirelessly to convert these investment proposals into running projects in a time bound and expeditious manner. For more updates, please visit our website - https://bit.ly/RisingRajasthanWebsite
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Hon'ble Chief Minister Shri Bhajan Lal Sharma chaired a meeting to review the progress on implementation of investment proposals exceeding INR 1,000 crore, signed during the 'Rising Rajasthan' Global Investment Summit 2024. The review meeting is part of the three-layer review structure created for the implementation of MoUs. The Chief Minister directed the officials to ensure that steps are taken in a timely and rule-abiding manner to implement the investment MoUs. He also instructed the Industries Department to expedite the MoU implementation process by formulating the necessary guidelines and submit a fortnightly progress report on the implementation of investment proposals of over INR 1000 crore to the Chief Minister's Office (CMO). The progress reports will be submitted to the CMO on the 11th and 26th of each month. Additionally, the CM directed the officials to submit a detailed report on land requirements for all MOUs of investment over INR 1,000 crore within next 10 days. The Chief Minister also directed the Department Secretaries and Collectors to rigorously monitor the progress on all MoUs and establish a direct channel of communication with the investors to understand and freeze their requirements. The review meeting presided by Hon'ble CM will be held every month to expedite the on-ground implementation of the MoUs signed during the investment summit. #RisingRajasthan #MoU #Review #Meeting Col Rajyavardhan Rathore | Ajitabh Sharma, IAS | Inderjeet Singh | Rajasthan Government | Bureau of Investment Promotion, Rajasthan | Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) | Confederation of Indian Industry | Rajasthan Foundation
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Rising Rajasthan reposted this
🌟 Maharaj Kumar Sahib Lakshyaraj Singh Mewar, Executive Director of Historic Resort Hotels Pvt. Ltd., shares his insights at #RisingRajasthan. He discusses the immense potential of Rajasthan’s heritage tourism and the role of luxury hospitality in preserving the rich cultural legacy of the state. A vision of blending tradition with modernity to promote sustainable tourism and economic growth. 🏰🌍 Rising Rajasthan | Rajasthan State Industrial Development and Investment Corporation (A Govt. of Rajasthan Undertaking) | Ajitabh Sharma, IAS Know more: https://lnkd.in/gj5-VkY3 #RisingRajasthan #RajasthanSummit #EconomicTimes #ETStudios
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🌟 Shashi Kiran, Chief Public Relations Officer at North Western Railway, shares his insights at #RisingRajasthan. He discusses the significant role of railway infrastructure in driving Rajasthan's economic development, focusing on improvements in connectivity, sustainability, and the future of transportation within the state. 🚆🌱 Rising Rajasthan | Rajasthan State Industrial Development and Investment Corporation (A Govt. of Rajasthan Undertaking) | Ajitabh Sharma, IAS Know more: https://lnkd.in/gDB364Tv #RisingRajasthan #RajasthanSummit #EconomicTimes #ETStudios
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Rising Rajasthan reposted this
🌟 Bharat Saxena, President - Renewables at Jindal Renewables Power, shares his insights at #RisingRajasthan. He emphasizes the transformative potential of renewable energy in Rajasthan, highlighting Jindal Renewable Power's efforts to harness solar and wind energy to promote sustainable growth and energy independence for the state. 🌞💨 Rising Rajasthan | Rajasthan State Industrial Development and Investment Corporation (A Govt. of Rajasthan Undertaking) | Ajitabh Sharma, IAS Know more: https://lnkd.in/gmEbxusN #RisingRajasthan #RajasthanSummit #EconomicTimes #ETStudios
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Rising Rajasthan reposted this
Kiran Patil, Managing Director of Wonder Cement Ltd., shares his insights at #RisingRajasthan. He highlights the crucial role of the cement industry in driving Rajasthan's infrastructure development, emphasizing Wonder Cement’s commitment to sustainability, innovation, and contributing to the state's growth. Rising Rajasthan | Rajasthan State Industrial Development and Investment Corporation (A Govt. of Rajasthan Undertaking) | Ajitabh Sharma, IAS Know more: https://lnkd.in/gBAuUiEv #RisingRajasthan #RajasthanSummit #EconomicTimes #ETStudios
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Rising Rajasthan reposted this
First detailed review, for four hours today, by Hon’ble Chief Minister Shri Bhajan Lal Sharma of the implementation of the MoUs, amounting to more than ₹1000 crores each exchanged under the Rising Rajasthan Global Investment Summit 2024. This is part of the three-layer review structure created for the implementation of MoUs. First layer — MoUs of amounts more than ₹1000 crores each would be reviewed by the Hon’ble Chief Minister himself every month with fortnightly updates to be sent to the Chief Minister’s Office on a regular basis. In the second layer, MoUs amounting to more than ₹100 crores and up to ₹1000 crores to be reviewed by the Chief Secretary on a fortnightly basis. The third layer for MoUs, less than ₹100 crores each, would be reviewed by the Administrative Secretary Incharge of the Department on a weekly basis. Rajasthan has created an online portal as an end-to-end solution for tracking of implementation of MoUs. An Investor Facilitation Interface of this online portal will be made available to the project proponents soon. The following has been the focus of the review meeting: 1. The departments to personally connect with the investors to freeze their requirements as highlighted by them in the MoUs. 2. All land-related matters to be taken up, expeditiously as per the timelines predefined. 3. Data cleaning and data enrichment of the MoUs to categorise them and identify the non-serious players so that more focus is given to genuine investors. 4. A total of 126 MoUs amounting to ₹4.13 lac crores were discussed in detail one-by-one as to the project requirements posed by the investors.
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Taking a giant leap towards smoother and quicker land allotment for investors that signed MoUs during 'Rising Rajasthan' Global Investment Summit 2024, Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) unveils the 𝗗𝗶𝗿𝗲𝗰𝘁 𝗟𝗮𝗻𝗱 𝗔𝗹𝗹𝗼𝘁𝗺𝗲𝗻𝘁 𝗦𝗰𝗵𝗲𝗺𝗲! Investors can now secure affordable land parcels quickly through an easy online process. #RisingRajasthan #MoU #Land #Allotment Col Rajyavardhan Rathore | Ajitabh Sharma, IAS | Inderjeet Singh | Rajasthan Government | Bureau of Investment Promotion, Rajasthan | Confederation of Indian Industry | Rajasthan Foundation
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Rising Rajasthan reposted this
Rajasthan is turning promises into progress! RIICO's new scheme fast-tracks land allotment for 'Rising Rajasthan' 2024 investors. Rising Rajasthan Ajitabh Sharma, IAS Inderjeet Singh Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO)
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📰 𝗪𝗲𝗲𝗸𝗹𝘆 𝗡𝗲𝘄𝘀 𝗪𝗿𝗮𝗽 (1st - 4th Jan 2024) Catch a glimpse of the week’s news highlights that showcase the key initiatives taken by the Government Of Rajasthan to transform the vision of 'Rising Rajasthan' into reality. 📌 Stay tuned for more updates and insights. #RisingRajasthan #MediaWatch #WeeklyNews #Coverage Col Rajyavardhan Rathore | Ajitabh Sharma, IAS | Inderjeet Singh | Rajasthan Government | Bureau of Investment Promotion, Rajasthan | Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) | Confederation of Indian Industry | Rajasthan Foundation