Resurgent Rajasthan Summit: Projects worth Rs 3.3 lakh crore proposed, says Vasundhara Rajehttps://indianexpress.com/article/india/india-news-india/resurgent-rajasthan-summit-projects-worth-rs-3-3-lakh-crore-proposed-says-vasundhara-raje/

Resurgent Rajasthan Summit: Projects worth Rs 3.3 lakh crore proposed, says Vasundhara Raje

Vasundhara Raje announced that commitments for investment in the state stand at Rs 3,30,000 crore, with the potential to generate 2.5 lakh jobs.

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Rajasthan CM Vasundhara Raje (Source: PTI photo)

The Resurgent Rajasthan summit began Thursday with Chief Minister Vasundhara Raje announcing that commitments for investment in the state stand at Rs 3,30,000 crore, with the potential to generate 2.5 lakh jobs.

Union Finance Minister Arun Jaitley, chief guest at the inaugural session, praised the Raje government. “In the past two years, Rajasthan pioneered labour reforms, and now it can pioneer in ease of doing business,” he said.

Asserting that the summit was not a one-off event, Raje said, “The Rajasthan Model of Development rests on the triad of ‘Social Justice’ ‘Effective Governance’ and ‘Job Creation’.”

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Union Minister M Venkaiah Naidu praised Rajasthan for being the first state to sign an MoU to promote housing projects. The proposed investment expected from these 27 MoUs is Rs 12,478 crore and direct employment expected is 38,950 jobs, he said.

Union Minister for Chemicals and Fertilizers, Ananth Kumar, committed to set up projects worth Rs10,000 crore in the state. Railway Minister Suresh Prabhu announced the railways will enter into a joint venture with the state to develop infrastructure, adding 24 railway stations will be developed in the state.

Singapore Home Minister K Shanmugam announced that Scoot, a group company of Singapore Airlines, would soon commence direct flights between Jaipur and Singapore.

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