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Rajasthan Will Become an Investor Friendly State: CM Ashok Gehlot

Chief Minister Ashok Gehlot has said that our government is committed towards creating an investor friendly atmosphere in the state. Many steps have been taken in the last six months to promote investment and make Rajasthan investor friendly state, he said. Promulgation of ‘The Rajasthan Micro, Small and Medium Enterprises (Facilitation of Establishment and Operation) Ordinance, 2019’ and the launching of MSME web portal are the revolutionary steps taken in this direction, he added.
Shri Gehlot was addressing the launching function of MSME web portal (www.rajudyogmitra.rajasthan.gov.in) here at the conference hall of Chief Minister’s office on Wednesday. Shri Gehlot also handed over ‘Acknowledgment Certificates’ to the entrepreneurs who had submitted application for ‘Declaration of Intent’ on the MSME web portal to start an enterprise.
The Chief Minister said, this initiative will be beneficial for the youth and more employment opportunities will be created. He said that the state government was aware of the problems faced by the investors and assured that the government was ready to remove all the hurdles faced in establishing enterprises, he added.
Shri Gehlot said Rajasthan is the first state which has enacted a law to ease the process of establishing enterprise. Now entrepreneurs will be free from interference of government agencies. Any entrepreneur who intends to start an enterprise will apply online for ‘Declaration of Intent’ and an ‘Acknowledgment Certificate’ will be issued immediately to the entrepreneur by the Nodal Agency.
The state government will also bring new Industry Policy as well as new Investment Promotion Policy soon, he added. Rajasthan Export Promotion Council on the line of National Export Promotion Council will be formed in the state and the Single Window system will be made more effective, he said. RIPS will also be made more investor friendly, he added.
The Chief Minister said there was no requirement of land use change up to the 10 hectares to establish Food Processing Unit in the state. He said initiatives were taken to use the wind energy potential of the state during his last tenure. Now around 4500 MW wind energy is being generated in the state, he said.
Minister for Industries Shri Parsadi Lal Meena said the Rajasthan Micro, Small and Medium Enterprises (Facilitation of Establishment and Operation) Ordinance, 2019 will give pace to the establishment of enterprises in the state. Chief Secretary Shri DB Gupta divulged details about the Ordinance and MSME web portal and said that this ordinance will eradicate the hurdles faced by the entrepreneurs. Additional Chief Secretary, Industry Shri Subodh Agarwal gave presentation regarding the importance of MSME sector and about scope and working of this portal.

UDH Minister Shri Shanti Dhariwal, Forest & Environment Minister Shri Sukhram Vishnoi, Minister of State for Industry Shri Arjun Bamania, Economic Advisor to CM Shri Arvind Mayaram and Advisor to CM Shri Govind Sharma and other senior officials were present on this occasion.
Ordinance to Become A Milestone:
To create investor friendly atmosphere in the state Chief Minister Shri Ashok Gehlot has taken many positive steps. To ensure that entrepreneurs are not made to run pillar and post for approvals and clearances, the state government has put in place a robust mechanism whereby just filling ‘Declaration of Intent’ on the portal the entrepreneur will get Acknowledgment Certificate immediately online. The enterprise will be exempted from the approvals and clearances for three years. However, after expiry of three years, the enterprise shall have to obtain required approvals within six months.
This Ordinance is seen as first major step to promote entrepreneurship and materialize investment by this government and it is expected that many more will follow. It is a major law to facilitate investment, foster innovation and increase employment opportunities.