November 27, 2018
International players calls airport privatization a welcome move
The government is targeting to complete the privatization of 6 major airport including Jaipur, Rajasthan by February 28 by awarding a 50 year lease indicating that the roadmap to reforms is strong despite elections around the corner.
Foreign players are finding it a good opportunity, See Ngee Muoy, spokesperson, CAI (Changi Airports International) said “ As a global airport investor, manager and consultant, Changi Airports International (CAI) continuously evaluates opportunities in airport projects where we can add value and where there is a strong fit with our global strategy.” More..
3rd November 2018
Rajasthan MSME sector to benefit from Outreach Programme for MSME Sector
The Prime Minister on November 2, 2018 launched the Micro, Small and Medium Enterprises (MSME) Support and Outreach Programme at Vigyan Bhavan in New Delhi.
Major aspects for facilitating the MSME sector:
- Access to credit
- Access to market
- Technology upgradation
- Ease of doing business
- A sense of security for employees
It is noteworthy that there shall be a 59 minute loan portal to enable easy access to credit for MSMEs. Loans up to Rs. 1 crore can be granted in-principle approval in just 59 minutes through GST Portal. MSME Development Institute, Jaipur, welcomed the initiative and called all trade associations in Rajasthan to support and further circulate the initiatives announced to support growth of the sector.More…
29th August 2018
Union Government, World Bank and Rajasthan comes together to support “Power for All”
The Union Government, Rajasthan and the World Bank on August 28, 2018 signed a USD 250 million Development Policy Loan (DPL) to support Rajasthan in improving the performance of its Electricity Distribution Sector under the State’s ‘24×7 Power for All’ program.
The key areas that the program will support are:
- Strengthen governance in the distribution sector in the state
- Putting in place a Performance Management System
- Providing incentives to employees for improving performance More…
July 31, 2018
Rajasthan becomes first state to implement Bio- Fuel policy
State Rural Development and Panchayati Raj Minister Rajendra Rathod Said that Rajasthan has become the first state in the country to implement the National Biofuel Policy 2018 of the Government of India. More…
June 15, 2018
Rajasthan to get multi-product SEZ at Mahindra World City, Jaipur
Rajasthan Minister for Industries Rajpal Singh Shekhawat inaugurated multi-product SEZ at Mahindra World City. On this launch, he said that Rajasthan’s policies are focused on meeting the emerging needs of businesses and citizens. He also called this opening a contribution to ‘Make in India’ vision of Modi government. With this launch, the state of Rajasthan will now generate more employment for Rajasthan and boost economy of the state. More…
April 1, 2018
Rajasthan Government Plans for Setting up India’s Biggest Startup Hub
The State Government has planned a massive large scale startup drive aimed at establishing India’s biggest startup hub. With this initiative of the government, Rajasthan is going to beat places like Pune, Telangana and even Bengaluru which have been the hub for techies for a long time now. The plan encompasses all aspects ranging from free space, funding, connectivity, mentorship, and exposure. More…
8th April 2018
MOU for refinery signed by Rajasthan government
Memorandum of Understanding (MoU) was signed on Tuesday between Hindustan Petroleum Corporation Limited (HPCL) and Government of Rajasthan to establish a Refinery-cum-Petrochemical Complex in Barmer. This would be the biggest ever investment project in Rajasthan amounting to Rs. 43,129 crore. Also, this refinery would produce petroleum products with BS VI emission standards. Another Business Transfer Agreement was signed between Rajasthan State Gas Ltd (RSGL) and GAIL Gas Ltd for distribution of piped domestic gas in Kota City…more
29th March 2018
Government invites foreign investments in food processing sector
At a program held recently in Sri Ganganagar, Chief Minister Vasundhra Raje announced the formation of a food processing hub in the city and creation of logistics units for the same. CM was interacting with farmers and industrialists . She also advised government officials to initiate dialogue and get expression of interest for the same with Israel, Netherlands and Dubai so that MOU’s could be signed at upcoming Agro meet in Jodhpur…more
5th March 2018
Cairn India plans to invest Rs 12bn in Rajasthan block
Cairn India has signed up Halliburton Company, for a Rs 1,200-crore contract to drill 100 wells at the Rajasthan on land block RJ-ON-90/1 over the next 18 months, says report. Cairn India won approval to drill exploration wells in the block last year. Cairn plans to up production from the current level of 200,000 barrels a day to 500,000 barrels a day in five years… more
29 January 2018
Rajasthan to host a new consumer durable manufacturing plant
Havells is setting-up a new facility at Ghiloth, Neemrana, Rajasthan to manufacture consumer durables, as per the BSE filing. The total estimated cost for the project is Rs360cr. The total investment will be funded through a mix of internal accruals and borrowings. Company expects to start the production from Q3FY19E…more
16 January 2018
PM Modi inaugurates work commencement of Barmer refinery in Rajasthan
Barmer: Prime Minister Narendra Modi on Tuesday inaugurated the commencement of work at the oil refinery in Rajasthan’s Barmer district. The state of the art refinery will be first of its kind in the country.
The project, which is a joint venture of Hindustan Petroleum Corporation Limited (HPCL) and Rajasthan Government, is worth Rs. 43,000 crore. The project will generate employment in the state as well…more
16th Dec 2017
Union minister announces projects worth Rs 8500 crore
Union minister for road transport and highways, shipping and water resources, river development Nitin Gadkari and Rajasthan chief minister Vasundhra Raje on Friday doled out over ten developmental projects for Hadouti region worth Rs 8509 crore including Parwan Dam project worth Rs 6490 crore that would benefit the people of Baran, Jhalawar and entire Kota division with drinking water for over 820 villages and irrigation water for over one lakh hectare agriculture land…more
13th December 2017
Rajasthan set to get a new cement Plant with an investment of 1850 cr.
UltraTech Cement on Tuesday announced to set up a greenfield plant with an investment of Rs 1,850 crore at Ballara village in Pali through a digitally groundbreaking ceremony by chief minister Vasundhara Raje from her office here along with the company’s chairman Kumar Mangalam Birla….More
29th August 2017
PM Modi inaugurates major highway projects worth Rs 15,000 cr in Rajasthan
“The Prime Minister inaugurated several major highway projects in Rajasthan. The total outlay on these projects is estimated to be over Rs. 15,000 crore.” The projects being inaugurated include 6-Lane Cable Stayed Bridge across river Chambal at Kota; 4 Laning of Gomati Chauraha – Udaipur section of NH-8; and 4-Laning of Rajsamand-Bhilwara section of NH-758.
18th July 2017
PM to inaugurate road projects
Prime Minister Narendra Modi will visit Rajasthan to lay foundation stones as well as inaugurate some road projects worth Rs 25,000 crore. Rs 15,000 crore of road project work that are either completed, under construction or will start soon. These are funded by the central government. About Rs 10,000 crore work are being carried out by State government. Along with it government will finalize the detailed project report (DPR) on access controlled expressway between Jaipur and Delhi…More
Centre focusing on railway facilities’ development in Rajasthan
The Centre is focusing on development of railway facilities and infrastructure in Rajasthan to accelerate growth in the State. The State of Rajasthan is in the priority of the Centre, and the budget allocation for the State has been increased after 2014. From 2009 to 2014, annually Rs 682 crore were invested by the Centre in the State which was increased to 1960 crore in last two years and further increased in the budget this year…More
Rajasthan to strengthen business ties with Japan
Speaking during her meeting with delegation of JETRO at Chief Minister’s office on Wednesday, Chief Minister Smt. Vasundhara Raje has said that Rajasthan has benefitted from the special relationship between India and Japan. She said Japan and Rajasthan have been working together for more than a decade and this partnership will keep going stronger. The Japan External Trade Organization (JETRO) has been playing pivotal role in this partnership, she said.
The Japanese zone, set up in Neemrana during her last regime has become a role model and other states also emulating it. Chief Minister, while remembering her fruitful visit to Japan said because of the Seminars and Investors Meets organized by JETRO, Rajasthan saw inward received investment of more than 1700 crores from Japan…More
CM Raje gives major relief to Mining business in state
Chief Minister Smt. Vasundhara Raje has given a big relief to mines lease owners in the state. On her directions, to ensure encouragement to the mining industry in the state, Department of Mines and Geology amended and simplified the Rajasthan Minor Mineral Concession Rules, 2017 (New Rules).
This would benefit thousands of mines licensees.
As per the new amended rules, against the previous provision of yearly advanced payment, a miner could now pay the Dead Rent in four quarterly installments. This would also ease the mine owners. Also, the maximum amount of premium to be charged from the miner for transfer of ownership in the name of her or his spouse or children had been reduced from 10 lakh to 50,000 rupees….More
Rajasthan to benefit from increased activities in Railways.
In order to accelerate growth in the State of Rajasthan, Centre is focusing on the development of infrastructures and railway facilities, said Union Railway Minister, Suresh Prabhu. The State of Rajasthan is placed on the priority list of the Centre with an increased budget allocation, added the Railway Minister. From 2009 to 2014, annually Rs 682 crore were invested by the Centre in the state which was increased to Rs 1,960 crore in the last two years….More
Banking integration and GST a positive move..CM Vasundhara Raje
Demonetization has “hammered hard on corruption” and the GST implementation has brought a positive change in the economy, Rajasthan Chief Minister Vasundhara Raje said on Thursday, praising 3 years of Modi government at Centre. She added that banking integration and GST implementation have brought a positive change in the economy. She said at a time when the world is reeling under recession, India is on continuous path of economic growth under the effective policies and management of Prime Minister Narendra Modi.
Meanwhile, Raje on Thursday, 25th May announced a package Rs 24.25 lakh for construction of roads and bridges in Jhalawar district. She also announced to provide international standard medical facilities at SRG Hospital in Jhalawar….More
Refinery MoU Inked : Rajasthan govt signs MoU with HPCL
The Rajasthan government signed a MoU with HPCL to resume the big infra project. The project, envisaged to process the crude oil production from the Barmer basin will be one of the first projects in the country to produce BS-VI fuel. This would bring down the state’s financial burden from Rs 56,000 crore to about Rs 16,000 crore, saving the exchequer about Rs 40,000 crore. The state’s equity in the project remains at 26 per cent…More
Rajasthan- a natural business Partner
Addressing a high level business delegation Malaysian Prime Minister Dato’ Sri Mohd Najib Bin Tun Abdul Razak lauded the economic reforms initiated by chief Minister Vasundhara Raje that have resulted in the state achieving an impressive growth. He said that Rajasthan has emerged as a business friendly state at a time of global economic instability …More
Chief minister Vasundhara Raje, after presenting the budget estimate for 2017-18 in the Rajasthan Assembly, said that no area remained untouched and it contained something for everybody in the state. “The budget emphasizes on infrastructure development – the budget for public works department (PWD) at Rs 6657.32 crore has been raised by 58.47 per cent as compared to last year. Similarly, the budget for the water resources has been raised by 15.68 per cent as compared to last year,” She said, while addressing the media persons after presenting the budget estimate. Copy of budget speech…More
7th February 2017
Rajasthan tribal communities gets support from IIT Bombay for solar manufacturing plant
A solar module manufacturing plant fully owned and operated by local tribal communities is being set up in Dungarpur, Rajasthan with the help of IIT Bombay.
The Institute has helped implement this first-of- its-kind solar photovoltaic (PV) module manufacturing plant, which will be completely owned and operated by tribal women in Dungarpur, Rajasthan, according to a release.
IIT Bombay has also started a Department of Energy Science and Engineering and established a National Centre for Photovoltaic Research and Education…More
6th February 2017
Solar Data throws attractive numbers for Rajasthan
As per the Rajya Sabha quoting data, Gujarat, Rajasthan and Tamil Nadu have crossed 1 Giga Watt (GW) in solar power installations while Andhra Pradesh, Telangana and Madhya Pradesh are close to this mark.
In the context, Minister of Power and Renewable Energy Piyush Goyal said that “ in the last two and half years, the solar energy capacity has been quadrupled”. The minister also said that the government has also revised the targets for 2022 from 20,000 MW to 1 lakh MW.More
1th February 2017
Rajasthan to get crude oil refinery project
In a bid to insulate the country from volatility in global oil market, the government will build two more underground crude oil storages in Odisha and Rajasthan.
Announcing the two new facilities at Chandikhol in Odisha and Bikaner in Rajasthan, Finance Minister Arun Jaitley in his Budget for 2017-18 also exempted income of foreign company, which books a capacity in the strategic storages, from sale of leftover stock.
“For strengthening our energy sector, Government has decided to set up Strategic Crude Oil Reserves. In the first phase, three such Reserves facilities have been set up. Now in the second phase, it is proposed to set up caverns at two more locations, namely, Chandikhole in Odisha and Bikaner in Rajasthan.”Strategic storages provide a country with two-fold advantage. Firstly it ensures utilization of reserves in times of high oil and gas prices and secondly they can be used in the event of supply disruptions following unforeseen events like a natural disasters or a war like situation.
The storage at Chandikhol will be an underground rock cavern while the one at Bikaner will be an underground salt caverns…More
10th January 2017
Jaipur – First Lighthouse City of India
Addressing at the inauguration of the Global Centre of Excellence here at Genpact, Jaipur on Monday Chief Minister Smt. Vasundhara Raje has said, “Rajasthan is the best equipped state when it comes to embracing the Digital Economy. Rajasthan stands out for making Digital India a reality”. She further said to the youngsters “Get yourselves skilled, since the skill set shall be your only ticket to the future and it is imperative that in order to be relevant, you keep improving, keep learning and keep innovating”…More
9th January 2017
CM Vasundhara Raje : Jaipur next destination for startups
Chief minister Vasundhara Raje today said the state capital is emerging as the next destination for startups for which the government is providing supporting environment.
“Bangalore (now Bengaluru) is a great place for startups but Jaipur is next place for startups. Incubation center which supports startups is now in the policy of the government of Rajasthan,” said the Chief Minister. While asking all stakeholders to work together, C M Raje quoted “We are making Rajasthan strong, aggressive and a progressive state. Women are our new strength and they are going to unleash new energy”…More
27th December 2016
Online monitoring of Large Projects commences in Rajasthan
Rajasthan too now has come up with an e-Project Monitoring System (e-PMS) portal, just like the center. “The e-PMS has been put in place to monitor projects having investments between Rs 50 crore to Rs 1000 crore and to ensure they get timely approvals leading to expeditious implementation,“ said Ms. Tina Kumar, commissioner, Bureau of Investment Promotion.Nodal officers have been appointed from different departments of the government for the portal…More
21th December 2016
State Infrastructure to get much needed Thrust
Chief minister Vasundhara Raje is all set to inaugurate and lay foundation stone for six infrastructure projects, worth about Rs150 crore in the city. Projects such as Riddhi Siddhi high-level bridge, Arjun Nagar underpass which were constructed recently will be thrown open for public. The JDA has recently completed construction work of six lane high-level bridge over Dravyavati river connecting Riddhi Siddhi and Mansarovar spending Rs 47 crore. It is expected that thousands of commuters will be benefited once the project is thrown open after the inauguration…More
24th September 2016
Ajmer makes to the list Of Smart Cities
Ajmer has finally made it to the list of 27 smart cities announced on Tuesday, 20th September . Under the Smart City Mission, the government aims to have 100 smart cities by 2022. Sixty have been chosen so far, including 20 in January and 13 in May this year. The remaining will be picked by 2018.As an agenda, the residents of the cities which are selected under the mission, will enjoy uninterrupted power and water supply, internet connectivity, e-governance along with quality infrastructure. Under the mission, each city will receive central assistance of Rs 200 crore in the first year and Rs 100 crore over the three subsequent financial years…More
24TH September 2016
56 MOU’S in Tourism
The state tourism department showcased more than 100 investible projects to the investors and held more than 50 business-to-business meetings with potential investors at the Incredible India Tourism Investors’ summit (IITIS) held in New Delhi. As a consequence,56 MoUs were signed involving proposed investments of Rs 977.57 crore that would generate employment for 4,745 persons. The event was also attended by state tourism secretary Roli Singh and director of the department Ashutosh A T Pednekar…More
Sep 21 2016
Multiple MoUs at investors’ meet Likely
“It is going to be the biggest event in tourism for the state governments wherein all the states are going to hard-sell their investible projects. About 50 MoUs from aviation to hotels to adventure tourism are going to be signed”, said Ashutosh A T Padnekar, director tourism, government of Rajasthan. According to official sources, investors from across the globe are going to be visiting the summit. Besides, the tourism department would showcase about 100 investible projects, against the backdrop of the tourism campaign `Jaane Kya Dikh Jaaye’. With the tourism policy in place, the investors are going to be lured with several sops from free land conversion, special consideration in luxury and entertainment tax to admissible VAT reductions. With 50 more MoUs, the state would attract investment to the tune of approximately Rs 2,760 crore in the tourism sector. Earlier in the `Resurgent Rajasthan (RR2015)’, the government signed 122 MoUs only in the tourism sector with an expected investment of Rs 5,783 crore that is likely to generate an employment for 18,617 people. This was the largest number of MoUs signed during the RR-2015. Now with 50 more in the kitty, it would take the likely investment to Rs 6,783 crore…more
August 19, 2016
BRICS countries can cooperate mutually to develop smart cities
At a recent BRICS Smart Cities Conference held in Jaipur, Smt. Raje, Chief Minister of Rajasthan, stressed on the fact that that BRICS countries can cooperate mutually for the development of smart cities and other infrastructure.Smt. Raje said innovative urban environmental management practices made in Saint Petersburg in Russia, Rio and Sao Paulo of Brazil, Cape Town and Johannesburg of South Africa, Shanghai and Beijing of China could be implemented in India keeping in view the conditions here. The Chief Minister said smart cities are of little use without smart citizens. To make our citizens smart and skilled our government has taken skill development as a top most priority, she said. Smt. Raje said with support from Govt. of India we are developing Jaipur, Ajmer, Kota and Udaipur as smart cities. Jaipur with its effort in smart lighting, IT enabled services, interactive kiosks, remote e-Governance solutions, Parking Management Systems and increasing Wi-Fi connectivity is moving ahead to become a smart city. Jaipur has been declared first Light House City in South Asia. UNESCO has nominated Jaipur as the City of Crafts and FolkArt while the World Crafts Council has also declared Jaipur as a Crafts City…more
26th July, 2016
70% of Resurgent Rajasthan’s MoUs have been successfully identified
Mr. Gajendra Singh, the Industries Minister said during the Resurgent Rajasthan summit held in the capital city of Jaipur in November 2015 “70 per cent of the Memoranda of Understandings (MoUs) which were signed had been identified.” Out of the 470 MoUs signed, 328 projects have been assigned with an acknowledgeable land. As far as the pending cases are concerned, Singh said, “While the Industries Department will play a pivotal role in coordinating the implementation of MoUs, the respective departments need to monitor the cases effectively.”…more
22nd July 2016.
Rajasthan gets a fully automated textile plant in Jhalawar
Chief Minister Vasundhara Raje inaugurates 450cr textile plant in Jhalawar on 22nd July 2016. After inaugurating the plant, Chief Minister said, “We are committed towards forging partnerships that promote manufacturing and create employment opportunities in Rajasthan.” She further said, “This effort by The Pittie Group is an excellent example of development realized by effective governance – a pillar of the Rajasthan Model of Development. Our mission of ‘Make in Rajasthan’ compliments the PM’s vision of ‘Make in India’. “She went on to say, “This plant, set up in record time, is a manifestation of the efforts made by the state in the Resurgent Rajasthan Partnership Summit 2015 and validates the claim the Rajasthan is an investor friendly state.”
A leading textile company ,Shri Vallabh Pittie Industries (SVP), with its revolutionizing innovations in polyester and cotton blended yarn, stands behind the Rs450 crore new textile facility here. The plant is fully automated with 1,00,000 spindles holding a manufacturing capacity of 22,000 tonnes per annum and is spread across 25 acres of area. As per Mr. Chirag Pittie, Managing Director, SV Pittie Group, the plant will provide employment to over 500 people directly and will annually provide a stable source of livelihood to more than 30,000 farmers….more
May 18, 2016
NCDEX opens silos facility for wheat storage in Rajasthan
Leading commodity bourse NCDEX announced launch of bulk silos facility in Rajasthan for storage of wheat. This facility is being offered at the Star Agri Warehouse in Khasrain Kota, Rajasthan, for two grades of wheat — WHET-11111 and WHET1121. …more
May 16, 2016
TVS launches: TVS XL 100 in Rajasthan
Adding a new chapter to its iconic brand: TVS XL, TVS Motor Company today announced the launch of its new four stroke TVS XL 100 in Rajasthan. The all new TVS XL 100 has been designed to meet the evolving needs of today’s customer…more
March 1, 2016
Rajasthan signs MOUs worth Rs.586 crore in tourism sector
…..These projects, ranging from hotels and motels to resorts and museums and amusement parks and slated to be implemented within next two to three years, are expected to create employment opportunities for over 5,390 people in the state in the state when operational…more
Smart cities: Madhya Pradesh, Rajasthan take lead in setting up SPVs
Madhya Pradesh and Rajasthan have taken the lead in setting up Special Purpose Vehicles (SPV) for the implementation of smart city plans, the Ministry of Urban Development said ….more
January 20, 2016
Rajasthan, India’s top mustard producing state, sees higher output
Mustard output in Rajasthan, India’s top producing state, will rise more than a fifth this year, according to a government estimate,….more
November 19, 2015
Reliance Group to develop 6000 MW solar park in Rajasthan
“The Reliance Group has signed an MoU to develop Solar Park and Solar Projects of 6,000 MW capacity, spread over nearly 30,000 acres, over next six years, with a potential to attract investment of about Rs 60,000 crore in Rajasthan,”…more
November 16, 2015
Mytrah brings wind project in India’s Rajasthan to 35.7 MW
Indian wind farm operator Mytrah Energy Ltd (LON:MYT) said Monday it has put into operation the 18.9-MW second phase of its 50-MW wind power project in Bhesada, Rajasthan state…more
October 16, 2015
Vedanta lines up over Rs20, 500cr. for Rajasthan Business
Mining conglomerate Vedanta has set aside more than Rs.20, 500 crore towards investment in oil and gas and zinc business in Rajasthan over the next three years….more
May 08, 2015
Hero targets Rs.6,000 crore revenues from spare parts business
India’s largest two-wheeler manufacturer, aims to generate as much as Rs.6,000 crore, or about 10% of its annual revenue, through sales of auto parts by 2020…more
May 07, 2015
Ghilot in Rajasthan is one of the 11 sites identified by Japan to set up industrial townships in India
Japan has identified 11 sites to set up industrial townships in India, which would serve as hubs for investments into the country. These include Tumkur in Karnataka, Ghilot in Rajasthan, Mandal in Gujarat and Supa in Maharashtra. Japan will also provide soft-skills training to Indian workers in the manufacturing sector to help bridge the demand-supply gap…more
May 06, 2015
HZL to invest Rs 8,000 cr in Rajasthan over next 3 yrs
Hindustan Zinc is set to invest Rs 8,000 crore in Rajasthan over the next three years. A subsidiary of Vedanta Resources, HZL, will invest Rs 6,600 crore in mining and Rs 1,400 crore in Greenfield fertiliser plant. The company has close to Rs 30,000 crore cash in books…more
April 28, 2015
Rajasthan offers tax sops for investment in defence sector
To attract investors, the Rajasthan government has amended its investment promotion scheme, 2014, to offer tax benefits for funding in the defence sector…more
April 13, 2015
Rajasthan eyes Rs two lakh cr investment from Resurgent Rajasthan summit
After Vibrant Gujarat and Global Bengal, its time for Resurgent Rajasthan. The state has now joined the league to attract investment, promising a resurgence of opportunities in the state…more
Rajasthan to have second Japanese industrial zone
Rajasthan is soon going to have a second special Japanese industrial zone that will focus on sectors such as ceramics and electronic systems design and manufacturing…more