Shivraj invites investment in Madhya Pradesh

Banks on improved infrastructure

geetanjali

Geetanjali Minhas | August 31, 2010



In the race to attract more and more investment in the state, Madhya Pradesh chief minister Shivraj Singh Chouhan is banking on skilled workforce, abundant natural resources, continuous power  supply, peaceful industrial work atmosphere, a single table clearance facility for quick disposal of investment approvals and a proactive government.  

Delivering his keynote address at an interactive organised by Assocham in Mumbai on Monday, Chouhan said, “For the last three years our endeavour has been focused on promoting investments in the state. Working groups have come together to formulate a road map for providing better infrastructure in the state, i.e., power, water and roads.

“We have enough power for industry and by 2013 we will make Madhya Pradesh a power surplus state,” he said.

Speaking on various development activities Chouhan said that work was currently going on for 13 power projects and the state will produce 5,000 MW electricity in next three years. To promote farming as a profitable business the state government is providing farmers loans at three percent interest. The state is also focusing on food processing for value addition.
 
He said: “MP was once the centre of dacoits  epitomised by the Bollywood film industry. Unlike other neighbouring states hit by Naxalism, Madhya Pradesh is now devoid of any strife or turmoil. There is no regional factionalism in the state. Abundant land, water and electricity is available in the state. The state has skilled manpower, people are peaceful and hardworking and there are no strikes.

“Textile producers from Punjab want to come to Madhya Pradesh  and set up industries. It is the largest cement producer in the country .With nine national parks; the state has tremendous tourism attraction.”

Talking to media on land acquisition, he said, “Firstly, our priority is to identify land which is not suitable for farming, and for that reason we have created a  land bank of 21,000 hectares in parts of the state. Secondly, the industry also requires private land, and for that reason farmers and investors should sit together to come to an agreement where the policy prescribes compensating not just the cost of land  to the farmer but also assures them two times their livelihood. Some industries have assured them salaries for the next 30 years in lieu of providing them two times livelihood. Here the government acts as a facilitator.”

Comments

 

Other News

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain

Supreme Court gets five new judges

Five new judges were appointed to the Supreme Court of India on Monday. "Vide Notifications of even number dated 01.06.2026, in exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the Hon’ble President of India is pleased to appoint (i) Shri

Astonishing breadth and depth of ancient Indian knowledge systems

The Greatest Books of Ancient India: Incredible Ideas about Science, Music, Maths, Art and More By Dr. Pradeep Chakravarthy and Dr. R. Thiagarajan Hachette India, 208 pages, Rs 399  

Strong El Nino threat over India`s monsoon, food & water security

India is heading into the southwest monsoon season this year under the shadow of a rapidly strengthening El Nino, with meteorologists warning that the climate phenomenon could significantly disrupt rainfall patterns, intensify heat stress and place additional pressure on the country’s agriculture-d

How corporates can nudge real change

The Business Of Business Is (Not) Just Business: How Behavioural Tools Can Drive Real Change Edited by Sutapa Banerjee, with Foreword by Nadir Godrej HarperCollins, 336 pages, Rs 699  

India stopped jailing people for paperwork. Now comes the hard part

A small pharmacist in Rajkot neglects to change a notice in his store under a little-known clause of a public health law. This was not only a non-compliance matter, but also a criminal offence, and a jail sentence was the punishment under the old system. Not a fine. Not a warning. Jail. Now scale





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter