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1,200 signatories of MoU at RR Global Investors Summit get lands for project

Jaipur, Oct 30 (UNI): Over 1,200 investors, who signed MoUs at the Rising Rajasthan Global Investors Summit here in December last year, have been allotted land for projects under RIICO's Direct Land Allotment scheme in the past few months.
Under the Direct Land Allotment Policy, investors who signed MoUs during the 3-day mega event, are being provided industrial plots at reserved rates without any auction process, an official spokesman said, adding 1,200 investors have so far availed benefits in recent months.
Besides this, under the state's Investment Promotion Scheme (RIPS) 2024, investors are being offered attractive financial incentives, focusing on green development, export promotion, and skill development, the spokesman said.
This policy also covers emerging sectors such as aerospace and defense, drones, semiconductors, agri-technology, and waste recycling.
In the investment summit last year, the state government signed MoU worth Rs 35 lakh crore, of which the foundation stone has been laid for projects of Rs 7 lakh crore.
The spokesman said that the government is committed to promoting investment and ease of doing business and, in a very short time, 22 new policies have been implemented. Twelve other policies, such as the Semi-conductor Policy, Space and Aero Defense Policy, Global Capacity Center Policy, and the Rajasthan Trade Promotion Policy, are in the pipeline to promote an inclusive and progressive industrial ecosystem in line with the vision of Developed Rajasthan 2047, he added.
UNI SS KD