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Permission to set up industries reduced to 7 days: Raghubar Das

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Kolkata/Ranchi, Aug. 19: Promising a better environment for investment, both in terms of doing away with red-tapism and security from Maoists, Jharkhand Chief Minister Raghubar Das on Friday said that situation has improved in Jharkhand since the last 18 months.

Further, evincing confidence in the New Investment Promotion Policy of his government, the CM said the time for permission to set up industries has been reduced to seven days, thanks to the single window system. CM was in Kolkata with his delegation to woo the investors.

Addressing delegates, the Chief Minister of Jharkhand Raghubar Das said, �We celebrated our 70th Independence day recently. We worry why the nation still struggles with poverty, illiteracy and health issues. The reason I believe is a combination of our policies and our attitude. After decades, the nation now has a PM who is committed genuinely to change this. West Bengal, Bihar and Jharkhand should together progress forward for India to progress.

All Industrialists on this dais have experienced the struggle of driving business and growing in this region. We are set to greatly benefit from their experience. Jharkhand Government is directly targeting poverty reduction through judicious and inclusive exploitation of resources. For this, we are becoming increasingly policy driven. We already have the political will and we will deliver on our promises,� said Chief Minister Das who also holds charge of the industry ministry in Jharkhand.

The CM further added, �Within 10 years Jharkhand will emerge as one of the most developed states of the world. Jharkhand is now focusing on a massive uplift of basic infrastructure including road, rail and power networks to usher in the next stage of reforms and attract more investment. As part of this plan, the state is also aggressively pushing for private investment in mineral exploration and looking to rope in private talent in government departments and key state entities.

Addressing the show Chief Secretary, Rajbala Verma said, �Jharkhand has 33% green cover and I am proud to say that even the investment landscape in the state is as vibrant. New policies and reforms in the state are leading to change in the investment climate across all sectors.

Industries Secretary, S. K. Barnwal made a detailed presentation on the agenda of the mission. �The society and people of Jharkhand relate very positively with industry.

They consider industry as an opportunity and medium for better living. 10 new policies have been drafted to respond to investors�concerns in the last one year. The New Industrial and Investment Promotion Policy is the key, providing the best incentive set nationally. Our efforts have resulted in some big agreements with global corporations such as CISCO, Oracle and HP among many others.�

Regarding logistics development, Barnwal said, �Jharkhand is covered under the Dedicated Freight Corridor of Eastern India. The Amritsar Kolkata corridor covers five cities of Jharkhand. Hon�ble Chief Minister has decided to connect Jharkhand’s four major industrial cities through a modern expressway.�

Gaurav Swaroop, Chairman FICCI, West Bengal State Council said, �New Indian business narrative is placing Jharkhand in a very important position in the country. Jharkhand is ranked high in Ease of Doing Business and has already overtaken many other Indian states. Their bid to seek investment today in Kolkata is marked by an MoU that is being signed with Carnival Group. FICCI is happy to host the delegation for Government of Jharkhand.�

While sharing his experiences Sutirtha Bhattacharya, Chairman, Coal India said, �While momentum can increase only through application of force, the force is here with us in the form of CM and his vision. The approachability of the administration in Jharkhand makes for it a truly formidable partner for potential investors.

Amit Khare, Addl. Chief Secretary cum development commissioner proposed vote of thanks.

Today, The Government of Jharkhand signed an MoU with entertainment sector major Carnival Group. Shrikant Bhasi, Director and CEO, Carnival Group was present here for the MoU signing.

This is part of the Government�s efforts to refine its social infrastructure, where entertainment and recreation have assumed increasingly critical importance to enhance urban cosmopolitanism, boost employment opportunities and woo global investors. Carnival group is set to establish centers across the state that will blend in skill, entertainment and education.

The Government also held in-depth one-to-one meetings with potential investors. The next roadshow is scheduled to be held at financial hub Mumbai on September 16, 2016.

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