Rajasthan CM to Launch Nine Investment-Friendly Policies
Rajasthan Chief Minister Bhajan Lal Sharma is going to launch nine investment-friendly policies at the Convention Hall of the Chief Minister's Office. The industrialists and all other stakeholders across various sectors have been invited for the event where an attempt is going to be made at making the atmosphere investment-friendly so that Rajasthan can go closer to reaching its double-economy growth target.
In a recent Cabinet meeting, several transformative policies were approved to accelerate Rajasthan's development, including the Rajasthan MSME Policy-2024, Rajasthan Export Promotion Policy, Rajasthan One District One Product (ODOP) Policy-2024, Integrated Cluster Development Scheme, and Rajasthan Tourism Unit Policy-2024.
These initiatives are designed to drive economic growth, generate employment, and promote social prosperity while laying a robust foundation for the upcoming Rising Rajasthan Global Investment Summit.
Rajasthan MSME Policy-2024: This policy offers additional interest subsidies on loans, technical upgrades, and quality certifications for micro, small, and medium enterprises, which are to be strengthened to compete globally.
Export Promotion Policy-2024: This is to reduce logistics cost along with support for documentation, technical upgradation, and other events where Rajasthan's products can make a mark globally.
One District-One Product (ODOP) Policy-2024: Increasing production capacity and income for the local producers by facilitating unique products and crafts of each district with financial assistance and integrated infrastructures.
Tourism Unit Policy-2024: This policy incorporates 24 tourism units. It has increased from the previous policy of 16 tourism units. It is divided into categories such as eco-tourism, heritage restaurants, integrated tourism villages, and tourism start-ups. It is proposed to attract private investments in tourism and create employment.
The Integrated Clean Energy Policy-2024: This policy seeks to make Rajasthan a state leader in renewable energy and promotes solar, wind, green hydrogen, and waste-to-energy projects.
Mineral Policy-2024: This policy aims at enhancing the contribution of the mineral sector to the GDP of the state, with the goal of generating one crore jobs by 2046-47 and ₹1 lakh crore annual revenues.
M-Sand Policy-2024: This program promotes the use of M-Sand as a sustainable substitute for mineral gravel in construction, saving costs and minimizing environmental damage.
Integrated Cluster Development Scheme: Focus on enhancing productivity and quality of small industries through cluster-based development including availability of raw materials, training, and product testing at Common Facility Centers.
AVGC & XR Policy-2024: Targeting animation, gaming, and extended reality sectors; it is a policy that promotes nurturing of young talent along with creating new employment, further solidifying Rajasthan as the leader in this sector.
These policies, officials underlined, represent a comprehensive strategy for boosting the state's economic and social progress, creating an all-inclusive environment for businesses and investors.
