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

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..