Business Standard

Chhattisgarh a safe state to invest in: CM

According to CM Raman Singh, there are no zero power cuts in the state and power cost is 25% less compared to other states

Raman Singh (Photo: Official website of the Chhattisgarh CM)

Raman Singh (Photo: Official website of the Chhattisgarh CM)

Sanjay Jog Mumbai
Chhattisgarh's Naxal problem has been brought under control and the state is now as safe as any other to invest in, according to Chief Minister Raman Singh.

Speaking to Business Standard on the sidelines of the Make in India week here on Sunday, he said the state managed to attract a good quantum of investments over the past few years.

"Chhattisgarh is a safe state. We are number one in industrial entrepreneur memoranda and also in actual investments. Yes, there was the problem of Naxal activities in some areas, but these have come down drastically," said Singh.

He added the government had consciously taken steps to bring in more investments to the state. The state is blessed with ample natural resources including iron ore, bauxite, and cheap power, he noted. "Chhattisgarh is a power-surplus state with rich natural and mineral resources. It offers low-cost industrial land with best fiscal incentives for setting up business."
 
According to Singh, there is no power cut in the state and power cost is 25 per cent less compared to other states.

Chhattisgarh is now focusing on non-core sectors such as agribusiness and food processing, automotive, defence, information technology, etc, he added.

The state is currently ranked fourth in ease of doing business, says CM.

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First Published: Feb 15 2016 | 12:34 AM IST

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