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Come to Jharkhand without any hesitation, CM tells investors

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Ranchi, Aug. 6: “I was a labor at Tata Steel and this is the characteristic of Indian democracy that even a labourer can become the Chief Minister of a state. Due to my humble background I understand the industrial scenario and investors’ desire of secured returns.

I invite you all to come to Jharkhand without any hesitation. Jharkhand offers huge potential in almost every sector. You can look at Jharkhand for investment in different sectors including industry, tourism, education, health, IT etc. Each sector has got the potential and opportunities for business and industry to invest”, Jharkhand Chief Minister Raghubar Das said while addressing ambassadors of 45 countries at Le Meridien in Delhi on Friday evening.

He further added natural resources like coal; iron and many other minerals which are located in Jharkhand are not just for the Jharkhand or for the country only but for the whole humanity across the globe. We are of firm belief that it must be used for the betterment of the life of the people in this world.

This is the thought of our Prime Minister and we work for using natural resources for the humanity, said Mr. Das. He cited the example of proposed Godda Mega Power Plant and said -in fact our power plant which is going to be located in Godda district of our state is going to generate and provide electricity to neighboring Bangladesh. I appeal you all to come and invest in Jharkhand.”

CM further said, “The global destination of choice for investors’ is what GOJ wants Jharkhand to be, and to encourage it, Government of Jharkhand has accorded highest priority to improve business ecosystem in the state. With the view to steer rapid economic reforms and to promote investment in the state, it is imperative to create an environment which is congenial to entrepreneurship development.

Industry consultation, timely clearances, responsive administration and transparent government have been identified as the corner-stone for improving business environment and boosting investor’s confidence. To that end GOJ is ready to provide both, pre and post investment services and facilitation for rapid industrialization.”

Measures like, Jharkhand Investment Promotion Board, single window clearance, online payments, online verification, third party certifications, self- certification, time bound approvals, availability of information online, standard operating procedures for approvals, deemed approvals, etc. are being adopted by various departments and government agencies. Jharkhand is progressing fast on adopting best practices for making an investor friendly environment in the state to facilitate investments, employment generation and welfare of the people.

On this occasion Union Minister of State for External Affairs M. J. Akbar talked about unique features of Jharkhand. He said, “Jharkhand is the birthplace of modern India. Modern Indian economy took route from Jharkhand’s Jamshedpur city. Lauding the stability and pro-investment scenario of state he invited all for investment in Jharkhand.”

Addressing the dignitaries present, Raj Bala Verma, chief secretary, GOJ, said, “The objective of today’s meet is to familiarize world fraternity about immense potential and investment opportunities offered in India especially by the state of Jharkhand.”

The CS added, “We are looking forward to your support in conveying our message to the potential investors in your respective countries; your message will have the conviction to encourage the investors to make their investment in the state of Jharkhand. Jharkhand is among the most progressive state in India.

It is a new land of opportunities .State has abundant natural mineral resources, Jharkhand has 40% of India’s natural mineral resources.” Verma outlined the enterprising and skillful human resources of state and said GOJ is determined to scale the new heights in industrial development.

With 26 policies state is poised for next level of economic growth she added. She invited the investors to be the part global investors’ summit, Ranchi proposed in February, 2016.

Sunil Burnwal, secretary, Industries & Mines, GOJ said, “Jharkhand is an important cog in the wheel of ‘Make in India’ initiative. Multiple factors such as promoting micro, small and medium enterprises (SMEs), availability of a land bank, improved law and order and a single-window clearance policy are promoting the state as a manufacturing hub.”

Burnwal added, “Jharkhand is known for its rich mineral resources. We have initiated a single-window clearance policy for the state. We have created a land bank that is available district-wise. The Jharkhand government has launched a portal for single-window clearances, under the Jharkhand Industrial Facilitation and Single Window Clearance ordinance, 2015. 24-hour highway patrol is being set up, with police pickets at every 20 km.

“ Law and order in the state has improved significantly, Burnwal claimed. “Our policy aims at creating industry-friendly environment for maximizing investment especially in mineral and natural resource based industries, MSMEs, infrastructure development, energy, smart cities, plastics, agriculture and food processing, electronics, apparel, minerals and metallurgy, automobile and auto components and rehabilitation of viable sick units.

The objective here is to maximize the value addition to state’s natural resources by setting up industries across the state, generating revenue and creating employment,” he added.

G. Parthsarthy and R. K. Srivastva, additional chief secretary energy also addressed the gathering.

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