Industries minister Gajendra Singh on Monday said that land for as much as 70 per cent of the Memoranda of Understandings (MoUs) which were signed during the Resurgent Rajasthan summit last year had been identified.
“Out of the 470 MoUs signed during the Resurgent Rajasthan Partnership Summit held in Jaipur in November last year, land has been identified for as many as 328 projects,” Singh said, during a review meet at the Secretariat on Monday.
The minister said that while a strong MoU monitoring mechanism has been devised to ensure seamless and rapid conversion of investment intent, “various departments must make further efforts for a methodical and time-bound approach” to bring the investment on ground. He also instructed that cases related to pending land conversion need to be expedited. “While the Industries Department will play a pivotal role in coordinating the implementation of MoUs, the respective departments need to monitor the cases effectively,” he said.
During the meeting, Commissioner, Bureau of Investment Promotion and NRIs, Vaibhav Galriya, gave a presentation to the minister highlighting the progress of MoUs in various sectors. The MoUs signed are worth Rs 3.38 lakh crore.