Business Economy 18 Feb 2017 Jharkhand CM complet ...

Jharkhand CM completes Rs 19,118-crore projects in 3 years

DECCAN CHRONICLE.
Published Feb 18, 2017, 12:42 am IST
Updated Feb 18, 2017, 11:08 am IST
Jharkhand can employ 2 lakh people from investment proposals received in biz summit.
Jharkhand Chief Minister Raghubar Das with Indian investors and foreign representatives after signing MoU during Global Investors Summit at Khelgaon in Ranchi, Jharkhand on Friday. (Photo: AP)
 Jharkhand Chief Minister Raghubar Das with Indian investors and foreign representatives after signing MoU during Global Investors Summit at Khelgaon in Ranchi, Jharkhand on Friday. (Photo: AP)

New Delhi: Jharkhand has seen projects worth Rs 19,118 crore getting completed and starting production since investor's friendly government led by  Chief Minister Raghubar Das came into power in  2014-15. This has resulted in direct employment generation for 23,089 in the state.

Besides these Jharkhand has received investment proposals worth Rs 3.10 lakh crore which will result in direct employment to 2 lakh people and result in indirect job generation of around 4 lakh. Of these investment proposals, projects worth Rs 89,496 crore are expected to be completed in the state in around two-three years helping 1.56 lakh to get jobs.

 

Around 121 proposals, with investment commitments of Rs 2,10,505 crore are signed only by the industry, mines and geology departments. The energy and power department has received Rs 37,150 crore worth of proposals.

The IT and e-gov department has 30 proposals with an investment commitment of Rs 8,500 crore. The Government of Jharkhand is taking multiple steps to promote creation of jobs in the industrial sector as well as other sectors, with the objective of providing more employment opportunities for the youth of the state as well as creating an enabling platform for the people of Jharkhand to meet their aspiration and be at par with the leading states and the standard of living of the country.

Enabling policies, including sector specific policies have been brought out by the current government to seek investments in respective sectors. These policies for sectors include Food, Feed, Textiles, Automobile, Solar, Tourism, Industrial Park, Exports, IT/ITeS, ESDM, BPO, Start up, Film among others provide for creating an ecosystem for these industries to flourish in Jharkhand. Many establishments have started production, several MoUs have been signed and many more are being signed.

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