Rajasthan readies for implementing MoUs of Resurgent Summit

The Rajasthan government is geared up to give shape to the memorandum of understandings (MoUs) and letter of intents (LoIs) signed with the investors at the "Resurgent Rajasthan-Partnership Summit" held in Jaipur on November 30 and December 1 last year.

Around 300 MoUs and LoIs, valued at over Rs 160,000 crore, were signed by promoters with the state government at the summit.

"We want these investments to come to us and we have directed the departments concerned to do the follow-up on priority," an official said.

While the departments that signed these investment agreements are responsible for ensuring that implementing these investment proposal is done fast, the Bureau of Investment Promotions will offer a single-window service to investors, coordinating with the departments concerned or agencies, and monitoring follow up and implementation.

"Many of these proposals will require action at district level for allotment of land, change in land use, electricity and water connection and other approvals and permissions," officials said.

Chief Secretary DC Samant has directed all divisional commissioners and district collectors to take speedy action on the investment agreements for quick translation of the agreements into investments.

The chief secretary said the departments would send proposals to district collectors clearly indicating the case being a "Resurgent Rajasthan Partnership Summit" MoUs and LoIs should receive the attention and priority it deserves.