2009 June 22

Archive for June 22, 2009

Rajasthan Government To Announce a New Industrial Policy Focusing on SME’s

The Rajasthan Government will shortly announce a new industrial policy to resolve various difficulties of industrialists, small and medium industrial units and entrepreneurs. The policy will lay emphasis on bringing security to investors in the years to come.

This new policy will help to various memorandums of understanding signed by the new government headed by Chief Minister Ashok Gehlot and promote industrial development of Rajasthan.

Industry minister Jitendra Singh is holding divisional-level meetings with local entrepreneurs in Udaipur on last saturdeay. The meeting will be followed by others on June 23, June 30, July 11, July 18, July 25 and August 3 at Bikaner, Jodhpur, Ajmer, Kota, Bharatpur and Jaipur respectively.

A Insight View on Rajasthan Economy

Rajasthan has been in the forefront of Economic Reforms. It was the first State in the country to adopt the International Competitive bidding route for setting up power projects and State Road Policy, facilitating the entry of private enterprise in the Roads sector.

The state’s economy largely depends on agriculture, industries, natural resources and tourism. Rajasthan has large deposits of zinc and copper and these are being exploited for the development of industries dependent on these metals.

Also deposits of gypsum, lignite and mica are found in various parts of the state. It has a large production of cotton and the textile industries have been coming up in several places in Rajasthan.

Other private sector industries of the state include cement, ball bearings, sugar, caustic soda and other chemicals.

Rajasthan is a state where 80% of the people depend on agriculture. The rural economy of Rajasthan largely depends on farming. The major crops grown in the state include bajra, juar, wheat and barley.

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