ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

CM Directs RIICO to Create Land Bank for Industry Growth
ECONOMY & POLICY

CM Directs RIICO to Create Land Bank for Industry Growth

Chief Minister Bhajan Lal Sharma has directed the Rajasthan State Industrial Development and Investment Corporation (RIICO) to identify suitable locations for new industrial zones and collaborate with district collectors to establish a land bank. This initiative aims to facilitate industrial expansion and ensure easy access to land for potential investors. The directive was issued during a review meeting assessing the progress of Memorandums of Understanding (MoUs) signed at the Rising Rajasthan Global Investment Summit. Additionally, the chief secretary has been instructed to conduct regular reviews of land allocation cases to ensure efficiency in the process.

The state government is focused on ensuring that the MoUs materialize into concrete projects, with significant progress already observed. Departments have been tasked with maintaining coordination and continuous monitoring to expedite implementation. This initiative aligns with Rajasthan’s broader economic goals, particularly its commitment to achieving a $350 billion economy by fostering industrial growth and investment. Several investors have already commenced on-ground work, reflecting the state's proactive approach to economic development.

As part of the Viksit Rajasthan 2047 vision, the government is prioritizing comprehensive development across both urban and rural areas. Emphasis is being placed on ensuring balanced progress in all regions, from major cities to the smallest villages. Government schemes, the 2025-26 budget, and the execution of investment-related agreements will be closely monitored to drive sustainable growth. In the coming days, the chief minister plans to conduct a video conference to evaluate the performance of district administrations, reinforcing accountability and efficient governance across the state.

News source: MSN

Chief Minister Bhajan Lal Sharma has directed the Rajasthan State Industrial Development and Investment Corporation (RIICO) to identify suitable locations for new industrial zones and collaborate with district collectors to establish a land bank. This initiative aims to facilitate industrial expansion and ensure easy access to land for potential investors. The directive was issued during a review meeting assessing the progress of Memorandums of Understanding (MoUs) signed at the Rising Rajasthan Global Investment Summit. Additionally, the chief secretary has been instructed to conduct regular reviews of land allocation cases to ensure efficiency in the process. The state government is focused on ensuring that the MoUs materialize into concrete projects, with significant progress already observed. Departments have been tasked with maintaining coordination and continuous monitoring to expedite implementation. This initiative aligns with Rajasthan’s broader economic goals, particularly its commitment to achieving a $350 billion economy by fostering industrial growth and investment. Several investors have already commenced on-ground work, reflecting the state's proactive approach to economic development. As part of the Viksit Rajasthan 2047 vision, the government is prioritizing comprehensive development across both urban and rural areas. Emphasis is being placed on ensuring balanced progress in all regions, from major cities to the smallest villages. Government schemes, the 2025-26 budget, and the execution of investment-related agreements will be closely monitored to drive sustainable growth. In the coming days, the chief minister plans to conduct a video conference to evaluate the performance of district administrations, reinforcing accountability and efficient governance across the state. News source: MSN

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement