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295 MoUs with investment commitment of Rs 3.3 lakh cr signed:

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Press Trust of India Jaipur
Rajasthan today said it has signed 295 MoUs with a commitment of about Rs 3.3 lakh crore investment during the Resurgent Partnership Summit and a task force would be formed to get the projects implemented in a time-bound manner.

295 MoUs have been signed during the meet and it will provide 2,39,694 lakh jobs in the state, Industry Minister G S Kheenvsar told a press conference here.

He said the MoUs involve a commitment of about Rs 3.3 lakh crore investment and it could go up to Rs 4 lakh cr later.

"The government expects that at least 50 per cent of MoUs would come into force which would be 10 per cent more than Gujarat's figure," the Minister said.
 

In 2007 when Raje government in its first term signed MoUs worth Rs 1.62 lakh crore, only 33 per cent had materialised with the investment of Rs 54000 crore, he said.

This time it would be about 50 per cent, Kheenvsar said.

As per MoUs at hand, the Minister said, Energy sector got MoUs worth Rs 1,90,000 crore followed by Petroleum Rs.77,657 crore while Infrastructure gor Rs 17,038 crore, Manufacturing Rs 11,760 crore, Roads and Highways Rs 10,000 crore, Tourism Rs 5,783 crore, Medical and Health Rs 4,752 crore, Agriculture Rs 2,402 crore and Education Rs 1,807 crore.

Besides, award of sanctions in roads and highways got MoUs worth Rs 25,446 crore, the Minister said.

A task force would take up the MoUs for their effective implementation at the earliest, he said.

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First Published: Nov 20 2015 | 7:13 PM IST

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