Monday, March 27, 2023

State govt to scrap MoUs signed in past two years: Industry secy


Kolkata, March 14: In a bid to attract greater volume of investments, Jharkhand has rolled out red carpet for investors, said Sunil Kumar Barnwal, Secretary, Department of Industries, Mines & Geology, Jharkhand, on Tuesday.

“We have constituted a dedicated team to support investors on a fast track basis. To support the investments we are heavily investing in upgrade of overall infrastructure of the State including all the regions of the state,” Barnwal told a large assembly of senior industry members at a session on ‘Momentum Jharkhand’ organized by CII Eastern Region here today coinciding with its Annual Regional Meeting.

“We have also formed a team to ground the MoUs which have been signed by the government in the last two years,” he said, adding that the State Government is determined to take Jharkhand to new heights through the active participation of people of the state and the Government machinery. “I invite you all to participate in this journey towards prosperity & well-being of the people of Jharkhand,” he said.

According to Barnwal, innovation is the key success factor for start-ups. “We are encouraging startups in the state by creating an ecosystem that supports and nurtures new ideas and innovation and entrepreneurial spirit.”

“Jharkhand is ranked as the 5th highest receiver of Foreign Direct Investments (FDI) in 2015, in a ranking of top FDI earning states in India, reaffirming its position as one of the most favorable investment destination.

Since its creation in 2000, Jharkhand has got a stable government for the first time,” said the senior bureaucrat.

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