Raipur (Chhattisgarh) [India], February 13 (ANI): Chhattisgarh Deputy Chief Minister Arun Sao on Thursday asserted that the state government will make provisions in the budget to improve the conditions of the roads in the state.
“We have tried to make provisions in our budget as per what we said about urban bodies in our manifesto. We will make provisions in the budget to improve the condition of the roads in Chhattisgarh, which were worsened during the five years of Congress government,” Sai said while speaking to the media.
Meanwhile, all the cabinet ministers in the Chhattisgarh government, including Chief Minister Vishnu Deo Sai will visit the Mahakumbh in Prayagraj to take a holy dip today.
Earlier in January, Chhattisgarh paved the way for FDI opportunities after CM Vishnu Deo Sai held discussions with US Consul General Mike Hankey and Consul General of Russia Ivan Y. Fetisov on investment possibilities in Chhattisgarh in sectors like health, education, IT and tourism.
In the second leg of the investment meet in Mumbai, Chhattisgarh attracted Rs 6,000 crore investment through various industrial proposals by leading companies focusing on plastic, textile, IT, food processing sectors. The highest amount of investment proposal of Rs 2,367 crore came from Ambuja Cement.
The Chief Minister said that since the launch of the new industrial policy, the state had attracted Rs one lakh crore investments from the Investor Connect meet organized in Raipur, Delhi and Mumbai, a statement from the release stated.
Highlighting features of the state’s new Industrial Policy for 2024-30, the Chief Minister stated that to make the policy the preferred choice for investors, they adopted the motto “Minimum Governance, Maximum Incentives.”
Under this approach, the process for obtaining No Objection Certificates (NOCs) had been streamlined, and clearances were now processed through a single-window system, offering significant relief to investors.
He highlighted that to boost investment and employment opportunities, industries with investments of Rs 1,000 crore or those employing 1,000 people were eligible for the Bespoke Policy.
This policy includes provisions for permanent capital investment ranging from 30% to 50%, with amounts between Rs 200 crore and Rs 450 crore. (ANI)
Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News
HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages
