 "Jharkhand receives Rs 1-L cr investment proposals")
The BJP-led government in Jharkhand has received 27 investment proposals of Rs 1 lakh crore in mining, power, agriculture, food processing, health, education and tourism. The investors include Tata Steel, JSW, Adani, Essar, NTPC, NDMC and SAIL. The government has stepped up its efforts to project Jharkhand as a leading investment hub of eastern India.
Jharkhand chief minister Raghubar Das told Business Standard: “The government has already put in place policies for industry, food processing, feed processing, mining, tourism and export to attract more investments. Besides, the government has introduced single window system, online registration, self certification and self inspection to reduce red tape.” He also said the government will soon bring in comprehensive policies for automobile and MSME sectors.
According to Das, the Adani Group has initiated the process for development of a power project of 1600 MW. He informed that the Adani Group has expressed its desire to invest Rs 50,000 crore in Jharkhand.
Das, who heads the Jharkhand Investment Promotion Board (JIPB), was here to chair a maiden meeting. He noted that JIPB, which comprises Kumar Mangalam Birla, Sajjan Jindal, Gautam Adani, among others, will help facilitate new investments in sunrise sectors and thereby make Jharkhand a global investment destination. He added that the state government has organised a global investors meet in February next year.
Das said land is not a major issue faced by investors in the state as the government has created a land bank. “The government land from the existing land bank will be transferred to the Jharkhand Industrial Area Development Authority for the smooth transfer of land to investors in a time bound manner.”
In the road sector, Das said the Centre will soon undertake road and highways projects of Rs 20,000 crore. Besides, the Centre has already issued tenders for a bridge over Ganga and river-based port.
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This apart, the Jharkhand chief minister said the government has already carried out labour reforms and it was successful in maintain law and order across the state. “Jharkhand, which was known for issues related to law and order and also for naxal menace, is now a thing of the past. The state is quite safe for investors and even for the common man,” he noted.
The state chief secretary Rajbala Varma said the state government has introduced the Right to Services whereby of the total 176 services, 113 have been put on online. Some of these services include registration, mutation, caste and school certificates.
Meanwhile, Das strongly criticised the Congress party for blocking the passage of the GST Bill in the Rajya Sabha and termed it anti-people and poor. He hoped that the Congress and other parties will help the passage of the much-awaited GST Bill in the upcoming monsoon session of the parliament.