Shivraj Singh Chouhan, the chief minister of Madhya Pradesh, announced on Thursday that the state has received IoIs totalling more than Rs 15.42 trillion during the two-day Global Investors Summit (GIS). In the upcoming years, this will contribute to the creation of more than 2.9 million employment in the state.
Chouhan did not provide a timetable for when the investments would be made but stated that his state will make every effort, including, if necessary, establishing a dedicated officer, to guarantee that the summit’s obligations were kept.
According to Industry Minister Rajywardhan Singh Dattigaon, “It’s not like before. We modified the procedure. The customary MoUs have not been signed by us. Investment aims to achieve this. Every serious investor will complete an intention form, which will then be included in the process. As soon as we receive it, we will forward it to the appropriate department. Industries will occasionally look for incentives in addition to the policy. Employer-focused industries are preferred.
Them investors who wanted to set up facilities in the state, Chouhan said all permissions would be waived—but only provided they could arrange for land. This will only apply to the industries that the state has identified.
“We will now make sure that no competent official or inspector visits the business premises of a corporation for three years, even for permissions thought to have been provided,” the chief minister stated.
He stated that in order to solve the worry of start-ups and clothing having restricted access to funding, unique plug-and-play facilities would be opened.
With no additional capital expenditure, “these enterprises can easily operate their machines and equipment from such locations,” Chouhan said.
He declared that a new window labelled “How Can I Help You” would be added to the state government’s “invest MP” webpage. An organisation of top officials will respond to and follow up on complaints and concerns sent through this channel.
They will be evaluated by the chief minister once per week.
To increase investment in the state, Chouhan outlined his government’s seven-point platform.
A single window in practical terms, samvaad (discussion and deliberations with investors), sahayog (cooperation with them), suvidha (ease of doing business), swikriti (ensuring all clearances on time), setu (a dedicated helpline to attend to all concerns of investors and businessmen), and finally samanvay were among them (coordination between all states).
Once you have made your home in Madhya Pradesh, I can tell you that we will hold your hand and make sure that you (the investors) don’t leave us.
Numerous Central ministers from the state, including Minister of Agriculture Narendra Singh Tomar, Minister of Civil Aviation Jyotiraditya Scindia, Minister of Social Justice and Empowerment Virendra Kumar, and Minister of State for Rural Development Faggan Singh Kulaste, attended the closing session.