Workshop on Rajasthan Investment Promotion Scheme

Udaipur. Under the joint aegis of the Rajasthan Government, CII and UCCI, a workshop on Rajasthan Investment Promotion Scheme-2022 (RIPS) was organized at Hotel Ramada on Tuesday evening. In the workshop, where on one hand, detailed information was given about the various benefits being received from RIPS-2022; on the other hand, the queries of the investors and industrial organizations were also resolved. Additional Chief Secretary of the Industries and Commerce Department, Mrs Veenu Gupta, was the workshop's chief guest. Apart from this, Investment Promotion Bureau Commissioner Omprakash Kasera, Mines and Geology Department Director Sandesh Nayak, RICCO MD Sudhir Kumar Sharma, District Collector Tarachand Meena, CII Vice President and Hindustan Zinc Limited CEO Arun Mishra, CII State Chief and Senior Director Nitin Gupta, CII Udaipur Zonal Office President Kunal Baglay, Vice President Udaipur Sunil Lunawat, UCCI President and Secure Meter Chairman Sanjay Singhal etc. were present.
A continuous dialogue with investors is essential: Gupta.
Addressing the program, Additional Chief Secretary Smt. Veenu Gupta informed about the efforts being made by the state government to encourage industries and create maximum employment in the state. She said that industrial development is significant for the state's overall development, for which the state government is trying to bring total investment. He noted that continuous dialogue with industrial organizations and investors is necessary, and their feedback is even more critical. Gupta said that the government had taken significant steps to open new industrial areas in the state; recently, new industrial areas have been announced in many places. She said about 2000 units have benefited under the Chief Minister's Small Enterprises Promotion Scheme.
Investment of crores in the state has created maximum employment.
Gupta said the state government is also seriously working on single window clearance. Timely disposal of applications coming from the Raj Investment Portal has been ensured. He said earlier in the Rajasthan Investment Promotion Scheme, exemption from various permissions was given for three years, which has been increased to five years. She also appreciated the ongoing work towards industrial development in Udaipur and said many entitlement certificates had been issued under the Rajasthan Investment Promotion Scheme. She informed that extensive reforms had been made in the Rajasthan Investment Promotion Scheme-2022 compared to the Rajasthan Investment Promotion Scheme-2019, greatly relieving the investors.
Immense possibilities for industrial development in the state
Arun Mishra, Vice President of CII and CEO of Hindustan Zinc Ltd. inaugurated the program and welcomed all the guests. He said there is a positive environment for developing industries in Rajasthan, and a lot of work is being done for green transformation, innovation and development of technology in the state. A presentation on RIPS was also given in the programme. After this, representatives of industrial organizations, investors and business people who reached the program asked various questions according to their curiosity. Investment Promotion Bureau Commissioner Omprakash Kasera gave information about a one-stop solution and appealed to take advantage of RIPS.
Investors are benefiting in eight categories.
It is worth mentioning that the state government is making continuous efforts to increase the investment scope of industries in the fundamental development of the state. Rajasthan Investment Promotion Scheme 2022 has started promoting investment and employment in Rajasthan. Under the Rajasthan Investment Promotion Scheme 2022, investors benefit from manufacturing, services, sunrise sectors, MSMEs, startups, logistics parks, storage and cold chains, R&D, GCC and Test Labs, renewable energy plants, etc. These focus categories enable Rajasthan to build on its competitive advantage for mature sectors and empower the state to capitalize on emerging megatrends globally. The most attractive package of financial incentives (exemptions and subsidies) is available to investors under RIPS 2022