Rajasthan to get investment worth Rs.3.3 lakh crore: CM

Jaipur, Nov 19 (IANS) The Rajasthan government has garnered investment commitments to the tune of over Rs.3,30,000 crore that have the potential to generate 2.5 lakh jobs, Chief Minister Vasundhara Raje said on Thursday.

“As many as 295 MoUs have been signed with proposed investment of over Rs.3.3 lakh crore. It has the potential to generate employment of 2.5 lakh,” she said while addressing the “Resurgent Rajasthan Partnership Summit 2015” here.

Stating that the state has been ranked sixth on the World Bank’s ease of doing business, Raje said the government would focus on various sectors — such as solar energy, roads and healthcare — to attract investment.

Applauding the initiatives of the union government, she said “the Centre is nurturing an ecosystem of strong, empowered states”.

Raje said foreign direct investment (FDI) in regional airlines would give a “huge impetus” to the tourism sector in Rajasthan. “We intend to be the first state to capitalize on this,” she said.

Asserting that the summit would not be just an a “one-off event”, she said: “We do not live in an economy but in a society. And that is why the Rajasthan model of development rests on the triad of social justice, effective governance’ and job creation.”

The two-day summit brought together leading investors from across the world to interact with the political leadership, government officials and local business leaders to discuss investment opportunities in Rajasthan.

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