Rajasthan CM to Unveil 9 Industry-Friendly Policies

06 Dec 2024 CW Team

The policies, recently approved in a Cabinet meeting, include transformative initiatives such as the Rajasthan MSME Policy-2024, Rajasthan Export Promotion Policy, One District One Product (ODOP) Policy-2024, Integrated Cluster Development Scheme, and Rajasthan Tourism Unit Policy-2024.

These measures are designed to foster economic growth, create jobs, and lay the groundwork for the upcoming Rising Rajasthan Global Investment Summit.

Rajasthan MSME Policy-2024: Offers interest subsidies, technical upgrades, and quality certification support to empower MSMEs for global competitiveness.

Export Promotion Policy-2024: Aims to reduce logistics costs and support international trade through technical upgrades and global market access.

ODOP Policy-2024: Promotes district-specific crafts and products with financial assistance and infrastructure to enhance production and local incomes.

Tourism Unit Policy-2024: Expands to cover 24 categories, including eco-tourism and heritage restaurants, to attract private investments and boost employment in tourism.

Integrated Clean Energy Policy-2024: Positions Rajasthan as a renewable energy leader, supporting solar, wind, green hydrogen, and waste-to-energy projects.

Mineral Policy-2024: Seeks to boost the mineral sector's GDP contribution, targeting Rs 1 trillion in annual revenue and 10 million jobs by 2046-47.

M-Sand Policy-2024: Promotes manufactured sand as a cost-effective and sustainable alternative to natural gravel in construction.

Integrated Cluster Development Scheme: Enhances productivity and quality in small industries through cluster-based development and common facility centers.

AVGC & XR Policy-2024: Focuses on the animation, gaming, and extended reality sectors to nurture young talent and generate employment opportunities.

Officials highlighted that these policies collectively aim to accelerate Rajasthan’s economic and social progress, creating an attractive environment for businesses and investors while addressing the state's developmental goals. (ET)

Rajasthan Chief Minister Bhajan Lal Sharma is set to launch 9 investment-friendly policies at the Convention Hall of the Chief Minister's Office. The event, attended by industrialists and key stakeholders, aims to create a robust investment climate and propel Rajasthan toward its goal of doubling its economy. The policies, recently approved in a Cabinet meeting, include transformative initiatives such as the Rajasthan MSME Policy-2024, Rajasthan Export Promotion Policy, One District One Product (ODOP) Policy-2024, Integrated Cluster Development Scheme, and Rajasthan Tourism Unit Policy-2024. These measures are designed to foster economic growth, create jobs, and lay the groundwork for the upcoming Rising Rajasthan Global Investment Summit. Rajasthan MSME Policy-2024: Offers interest subsidies, technical upgrades, and quality certification support to empower MSMEs for global competitiveness. Export Promotion Policy-2024: Aims to reduce logistics costs and support international trade through technical upgrades and global market access. ODOP Policy-2024: Promotes district-specific crafts and products with financial assistance and infrastructure to enhance production and local incomes. Tourism Unit Policy-2024: Expands to cover 24 categories, including eco-tourism and heritage restaurants, to attract private investments and boost employment in tourism. Integrated Clean Energy Policy-2024: Positions Rajasthan as a renewable energy leader, supporting solar, wind, green hydrogen, and waste-to-energy projects. Mineral Policy-2024: Seeks to boost the mineral sector's GDP contribution, targeting Rs 1 trillion in annual revenue and 10 million jobs by 2046-47. M-Sand Policy-2024: Promotes manufactured sand as a cost-effective and sustainable alternative to natural gravel in construction. Integrated Cluster Development Scheme: Enhances productivity and quality in small industries through cluster-based development and common facility centers. AVGC & XR Policy-2024: Focuses on the animation, gaming, and extended reality sectors to nurture young talent and generate employment opportunities. Officials highlighted that these policies collectively aim to accelerate Rajasthan’s economic and social progress, creating an attractive environment for businesses and investors while addressing the state's developmental goals. (ET)

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