Over 1,200 investors, who have signed MoUs at the Rising Rajasthan Global Investors Summit here in December last year, have been allotted land for projects under RIICO’s Direct Land Allotment Policy in the past few months.
Under the policy, investors who have signed MoUs during the 3-day mega event are being provided industrial plots at reserved rates without any auction process, an official spokesman said, adding 1,200 investors have so far availed benefits in recent months.
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Besides this, under the state’s Investment Promotion Scheme (RIPS) 2024, investors were being offered the most attractive financial incentives, focusing on green development, export promotion, and skill development, the spokesman said.
This policy also covers emerging sectors such as aerospace and defense, drones, semiconductors, agri-technology, and waste recycling.
In the investment summit last year, the state government signed MoUs for investment of Rs 35 lakh crore, of which the foundation stone has been laid for projects of Rs 7 lakh crore.
He said that the government was committed to promoting investment and ease of doing business, and, in a very short time, 22 new policies have been implemented. Twelve other policies, such as the Semiconductor Policy, Space and Aero Defense Policy, Global Capacity Center Policy, and the Rajasthan Trade Promotion Policy, were in the pipeline to promote an inclusive and progressive industrial ecosystem in line with the vision of Developed Rajasthan 2047, the spokesman added.