Rajasthan Chief Secretary Commends MoU Progress Initiatives

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Rajasthan Chief Secretary Commends MoU Progress Initiatives

Synopsis

Rajasthan Chief Secretary Sudhansh Pant praises the rapid progress on MoUs worth Rs 1.66 lakh crore during a review meeting. He emphasizes the importance of communication with investors and the role of online platforms in enhancing business operations.

Key Takeaways

  • Rajasthan Chief Secretary Sudhansh Pant chaired a review meeting.
  • MoUs worth Rs 1.66 lakh crore are currently being implemented.
  • Establishment of an online investor interface for real-time updates.
  • Efforts to improve the ease of doing business in the state.
  • Importance of direct communication with investors highlighted.

Jaipur, Feb 13 (NationPress) Rajasthan Chief Secretary Sudhansh Pant convened a meeting on Thursday to assess the advancement made in the execution of MoUs established during the Rising Rajasthan Global Investment Summit 2024.

Praising the contributions of essential government bodies for advancing MoUs valued at Rs 1.66 lakh crore to the implementation stage in a remarkable timeframe of two months, Pant instructed officials to regularly connect with investors.

Pant also lauded the prompt initiation of an online investor platform, allowing investors to receive real-time information regarding the execution of their respective MoUs.

Commending Principal Secretary of Industries & Commerce for leading the launch of the investor interface, Pant remarked that this initiative will significantly enhance the ease of doing business and the competitive business landscape of the state.

Recognizing the efforts of Department Secretaries in facilitating the MoUs' implementation, Pant urged them to establish direct communication channels with investors for a smooth execution process. He further emphasized the importance of continuous efforts to maintain the state's status as one of India's most attractive investment hubs.

During his address, Sudhansh Pant stated: “Under the visionary and proactive guidance of Chief Minister Bhajan Lal Sharma, all key departments tasked with MoU execution are operating in a mission-oriented manner to accelerate the realization of investment proposals. It is commendable that in such a brief period, execution work has commenced on MoUs valued at Rs 1.66 lakh crore. We must continue this momentum for the remaining MoUs, maintain contact with investors, comprehend their needs, and foster a conducive environment for the implementation of these proposals.”

It is significant to note that during the investment summit conducted from 9-11 December 2024, the government secured unprecedented investment proposals totaling Rs 35 lakh crore.

To date, the government has initiated the execution of MoUs worth Rs 1.66 lakh crore within a record span of two months, which constitutes about 5% of the MoUs signed during the summit. Numerous senior officials were present at the meeting.