CM Directs RIICO to Create Land Bank for Industry Growth

11 Mar 2025 CW Team

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

Infrastructure Urban

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