Driving Investment

Jharkhand government creates land bank for industries

raghubir-das Jharkhand Chief Minister Raghubar Das | via Twitter

The Jharkhand government is ready with a land bank to attract new investment in the state.

“Land acquisition has never been a challenge for us as we have a land bank of 1,75,000 acres which is readily available for different industries to set up their business in our state,” said Jharkhand Chief Minister Raghubar Das, while launching the “Momentum Jharkhand” investment promotion campaign in Bengaluru.

“Farmers are ready to give us land as we are paying a handsome price to them. We currently hold 40 per cent of India natural mineral wealth and we are on track to become the power hub of the country by 2019.”

As part of its investment promotion drive, a delegation headed by Das along with Jharkhand chief secretary Rajbala Verma had a discussion with around 40 start-up entrepreneurs in Bengaluru.

“Our focus will not be restricted to the technology space but we will encourage start-ups in the field of agriculture, health and education. We will be developing a policy and a robust e-platform to mentor those start-ups,” Das said.

The Jharkhand government will also be encouraging start-ups in the social field as well. “We will be covering social enterprises in the start-up policy of our state. We are committed to the civil society and we would be facilitating initial funding for those start ups who would look forward to setting up start-ups in the social space,” said Verma.

The Jharkhand government also signed an MoU with networking major Cisco in Bengaluru. Under the MoU Cisco, through its Network Academy Programme, will impart network training to the students of engineering colleges, polytechnics and degree-level institutions in Jharkhand.

This is expected to increase the availability of skilled networking hands in the state. The Jharkhand government has also proposed greenfield smart cities in Ranchi and Barhi with an aim to speed up urbanisation in the state and it is organising the Jharkhand Investors Summit in February 2017 to attract more investors to the state.

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Topics : #Jharkhand

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