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Rajasthan as a Global Investment Hub: A New Era of Growth and Opportunities

Rajasthan, with its glorious traditions and diverse cultural heritage, is advancing toward new horizons of growth and investment. The three-day Rising Rajasthan Global Investment Summit, held in Jaipur, not only showcased the state as a global investment hub but also positioned it as a centre of New India’s development. Through this summit, Rajasthan presented its immense potential to the nation and the world. It is anticipated that the summit will open a new chapter in the state’s journey of investment and development.

INSPIRATIONAL ADDRESS BY THE PRIME MINISTER

On December 9, 2024, PM Narendra Modi inaugurated the Rising Rajasthan Global Investment Summit 2024 and the Rajasthan Global Trade Expo at JECC, Jaipur. In his address, he described the summit as a historic step in Rajasthan’s development journey and lauded the efforts of the Bhajan Lal Sharma government over the past year.He stressed the optimal utilization of the state’s rich mineral resources such as zinc, copper, marble, and potash. He acknowledged Rajasthan’s pivotal role in renewable energy, especially solar power, and highlighted its status as one of India’s top five states with over 2.7 million micro and small enterprises.

The PM also emphasized Rajasthan’s potential as a tourism hub, citing its heritage, wildlife, and eco-tourism. Destinations like Ranthambore, Sariska, Jaipur’s palaces, and Makrana marble add unique charm to the state. He advocated for the promotion of heritage, film, and rural tourism. Additionally, he appreciated Rajasthan’s growing role in the automobile and electronics sectors, facilitated by the Delhi-Mumbai Industrial Corridor. The PM praised the state’s resilience in overcoming challenges & achieving new heights.

VISIONARY LEADERSHIP OF THE CHIEF MINISTER

CM Bhajan Lal Sharma demonstrated visionary leadership by organizing this event within the first year of his tenure. He assured that his government would strive to realize the investments proposed at the summit during the remaining four years of its term. In the inaugural session, CM highlighted the summit’s objective: to present Rajasthan’s economic, social, and industrial potential on a global stage and establish the state as a hub of investment, innovation, and sustainable development. This initiative is expected to unlock new dimensions in industry, trade, and tourism in Rajasthan.

NEW MILESTONES IN HOLISTIC DEVELOPMENT

The Rising Rajasthan Global Investment Summit 2024 served as a significant step toward ensuring economic and social development with active participation from the private sector.

The summit recorded new investment benchmarks, with MoUs worth over Rs 35 lakh crore signed. Eight international investor meetings were held, with participation from 17 partner countries and 15 other nations.

PARTICIPATION OF INDUSTRY LEADERS

In the inaugural session, Vedanta Group’s founder, Anil Agarwal, emphasized the proper utilization of Rajasthan’s abundant natural resources. Mahindra Group’s Chairman, Anand Mahindra, highlighted the state’s tradition of innovation and entrepreneurship. Kumar Mangalam Birla, Chairman of Aditya Birla Group, stressed the importance of focusing on minerals, infrastructure, tourism, and renewable energy for Rajasthan’s rapid growth. Karan Adani, Managing Director of Adani Ports and SEZ, announced an investment of Rs 7.5 lakh crore in the state.

FOCUS ON SOCIAL INVESTMENT

The convention also emphasized social investment. Ajay Piramal of Piramal Group stressed the importance of contributing to social development and pledged to collaborate with Rajasthan govt in education and healthcare sectors. Participants in convention stated that it marked a transformative step, rebranding Raj from desert state to land of opportunities. They praised CM’s leadership & policies for successfully attracting investors.

ANNUAL CELEBRATION OF PRAVASI DIVAS

During the Pravasi Rajasthani Conference, the Chief Minister announced the annual observance of December 10 as Pravasi Divas and the establishment of a dedicated department for non-resident Rajasthanis. This initiative aims to enhance their involvement in state’s development. The CM declared plans to host another Rising Rajasthan Summit in 2 years.

RAJASTHAN HAS A MORAL CLAIM OVER ITS DIASPORA

Governor Hari Bhau Bagde, in his address, highlighted the success stories of Non-Resident Rajasthanis (NRRs), emphasizing their role in strengthening the economies wherever they have settled. He stated that Rajasthan has a moral claim over its diaspora, whose participation can ensure the state’s development.

Sikkim Governor Om Mathur praised the dedication and hard work of Rajasthanis, urging them to stay connected to their roots and visit their villages annually.

RAJASTHAN: THE LAND OF OPPORTUNITIES

CM Sharma declared that Rajasthan has transformed into the “Land of Opportunities.” With an extensive network of highways, railways, and airports, the state has become a hub for business and transport.

EXPANDING THE ECONOMY TO $350 BILLION

The CM committed to elevating Rajasthan’s economy to $350 billion within next 5 years. Addressing infrastructure session, he highlighted Rajasthan Investment Promotion Scheme 2024, which has laid a robust foundation for industrial growth. Sectors such as mining, automobiles, electronics, textiles, and food processing offer extensive investment opportunities.

ANNOUNCEMENT OF “SHRI ANN PROMOTION AGENCY”

The CM announced the establishment of “Shri Ann Promotion Agency” to boost the production and marketing of coarse grains. He stated that Rajasthan’s climate & geography make it ideal for agriculture and food processing investments. The state govt is developing warehouses and cold chain facilities to ensure safe storage and transportation.

In the education and skill development session, he emphasized that investing in education and reforms is a state priority. Policies have been implemented to provide quality education and establish a world-class higher education system. The introduction of technical and vocational courses in local languages and the establishment of finishing school centers will enhance job opportunities for the youth.

SIGNIFICANT SESSIONS OF RISING RAJASTHAN SUMMIT

The summit featured discussions on inclusive development, women empowerment, and renewable energy. The CM highlighted initiatives like distributing bicycles and scooters to over 1.25 lakh and 21,000 female students, respectively. Programs like “Lakhpati Didi” and revolving funds for women self-help groups were also announced.

PARTICIPATION OF UNION MINISTERS

Union Minister Nitin Gadkari announced that from January 5, the Delhi-Jaipur Expressway would reduce travel time to just two and a half hours. He also announced nine road projects worth Rs 30,000 crore for Rajasthan, which will strengthen the road network and boost economic growth.

Union Minister of Commerce and Industry Piyush Goyal encouraged global companies to invest in Rajasthan, citing its skilled workforce and vast market. Union Agriculture Minister Shivraj Singh Chouhan emphasized promoting food processing and value addition, highlighting Rajasthan’s leading position in producing millet, mustard, and oilseeds.

In the session on “Regional Water Security: Technology and Governance,” Union Minister Gajendra Singh Shekhawat praised Israel’s technological solutions for water conservation. Agreements were signed between Rajasthan and Israel for collaboration in water management. Union Mines Minister G. Kishan Reddy referred to the mining sector as a crucial part of India’s $5 trillion economy, noting Rajasthan’s prominence in potash, gypsum, copper, and natural stone reserves.

In concluding session, Union Minister Dharmendra Pradhan lauded the Chief Minister’s initiative to organize an investment summit in his first year, terming it remarkable. He commended the entrepreneurial spirit of Rajasthanis, who are driving state’s progress through hard work.

THE VIEWS EXPRESSED BY THE AUTHOR ARE PERSONAL

Dr Govind Pareek, The writer is Additional Director DIPR (Retd)

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Daily Astro

18-03-2025

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Aries

Ganesha says it will be an important day for you, Aries. Your energy and confidence are ready to take you to new heights. Today you will be able to express your thoughts with clarity, which will increase your communication skills. New opportunities may arise in the working areas, which you have to be ready to take advantage of. In social life, you can make new meetings, which will prove beneficial for you in the future. This day will be good for solving family issues, and you will be able to establish better relations with your close ones. In the field of health, take care of your routine and resort to yoga or meditation to relieve mental stress. Controlling your expenses will be a smart move, as any sudden financial need may arise. Overall, this day is for you to stay positive, just use your insight and energy properly.

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Pisces

Ganesha says it is going to be a positive day for you. Your sensitivity and intuition will flourish today, allowing you to establish better connections between yourself and others. It is time to connect with someone or refresh old memories. Try to communicate with people close to you, as it will strengthen your relationships. In the field of work, your creativity will be cyclical today. If you are working on a project, your ideas will be new and full of innovation. Do not be afraid to share your ideas, it will give you positive feedback from your colleagues. In terms of financial condition, avoid any big investments. Small expenses will prove to be justified but think well before making any big decisions for the long term. In terms of health, focus on a balanced diet and regular exercise. For mental health, practicing meditation or yoga will help keep you stress-free.

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Aquarius

Ganesha says new opportunities are likely to open up for you. You will be in a position to take your creative abilities to new heights. This is the time to share your ideas and make new plans. Your friends and family will support your ideas, so it will be beneficial to take their advice into account. Positive changes are possible in business. This is the right time to work on an important project. You will get an opportunity to use your skills and knowledge properly. But, be careful; in some cases, you will need to control your emotions. In personal life, relationships will deepen. You will try to spend more time with your loved ones. This is a good time for love and companionship. Enjoy emotional moments that will make your relationships stronger. Be health conscious. Dedication to yoga and meditation will give you mental peace. These activities will keep not only your body but also your mind active. Overall, today will be full of possibilities for you. Stay committed to your dreams and work on them.

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Capricorn

Ganesha says your day is full of some new possibilities. You will experience grace and stability in your actions. This is the time to focus on your goals and work with determination to pursue your plans. You are likely to get success in your work, especially if you maintain your hard work and dedication. Positive changes can also be seen in your relationships. You will get a chance to spend time with family and listen to them, which will increase mutual understanding and depth. Focus on communication, as it will make your relationships stronger. However, it is also time to make monthly plans. Take care of your financial matters and try to save. This is the time when you can take concrete steps for your future. Your health condition is likely to remain normal but take some rest. Maintaining a mental balance will be important for you. Stay positive and keep faith in your actions!

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Sagittarius

Ganesha says today will be full of new possibilities and positive energy for you. You will feel a rise in your confidence, which will keep you open to new opportunities. This is the right time to make an important decision. Your spirituality and intuition will be strong, which will enable you to understand and face difficulties. Spending time with friends and family will awaken a sense of happiness and satisfaction in your mind. Relationships with colleagues at work can take a new direction. Cooperation and communication will help solve problems. If you face an obstacle or challenge, remember that you can overcome it. In terms of health, you may need to make a little improvement in your routine. Regular exercise and a balanced diet will give you freshness and energy. Strengthening social relationships and contacting new people will also be beneficial today. This is the time for self-growth and positive change for you, so recognize the energy within you and use it properly.

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Scorpio

Ganesha says today will be full of enthusiasm and energy. You will move towards achieving your goals, and your hard work will pay off. Social life will also be active; you will get a good chance to spend time with friends and family. In terms of health, take a little caution. Focusing on meditation and exercise will help reduce mental stress. This is also a good time to take up a new hobby, which can unleash your creativity. Take wise steps in terms of money. Make informed decisions while investing. For potential financial gains, take a look at past projects again. Your career is showing good signs of progress. Your ideas may be appreciated at the workplace, which will increase your confidence. Still, some issues may require restraint. Overall, today will prove to be positive and auspicious for you. Spend it with pride with your loved ones.

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Libra

Ganesha says today will be a very auspicious and positive day. You will get a chance to clarify your thoughts, which will bring stability to your personal and professional relationships. Your communication skills will increase, and this will open the doors of new possibilities for you. Your creativity and aesthetic sense will be especially strong today. If you are associated with any art or design, your work will be appreciated. This is the right time to express your feelings. If you are confused about a decision, trust your intuition; it will show you the right path. In terms of health, small changes can make your life better. Focus on regular exercise and a balanced diet. In love and relationships, a new understanding will develop, which will strengthen the mutual bond even more. Overall, this day is a sign of positive changes and new beginnings for you. Stay focused on your goals and recognize your inner strengths.

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Virgo

Ganesha says today is a suitable day to highlight your cognitive abilities and business skills. Today, you will be full of clarity and precision in your actions, which will increase your value among your colleagues and superiors. There is a possibility of bringing some changes to your routine, which will bring positive results for you. This is a good time to improve relations with family members. Try to resolve any old disputes, and keep communication open. In terms of health, meditation and yoga will bring mental peace. Also, take some time out of your routine for exercise. From a financial point of view, this is the right time to make a good plan for the right investment. Take a good look at the options available to you and make a wise decision. Overall, today will prove to be a day of new possibilities and positive changes for you. Be full of confidence and stay focused on your goals.

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Leo

Ganesha says today will be a day full of energy and inspiration. Your confidence will increase and your thoughts will come out with clarity. On this day, you will be able to see some new possibilities in your career, which will bring you hard work. Mutual understanding and harmony will increase your relationship, which will create a happy atmosphere among the family. This is a great time to express your thoughts clearly, so do not hesitate to communicate with your partner or friends. It is important to be health conscious, a little exercise and meditation will maintain your mental and physical health. Overall, this day will bring activity and positivity for you, so make the most of all the opportunities!

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Cancer

Ganesha says it will be a day of information and communication for you. Your mind will be full of ideas and you will be able to express your ideas well. There is a possibility of some new opportunities in professional life, which can prove beneficial for you. It is a good time to strengthen relationships with your colleagues, so work together at the workplace. Your emotional state will also be strong. Time spent with family will give you satisfaction. If you have any old problem going on, then the right time is coming to solve it. However, you need to keep your emotions under control, so that you do not get agitated over small things. In terms of health, try to practice yoga and meditation. It will empower you both mentally and physically. Take informed decisions in financial matters; do not rush into any investments. In summary, this day will be all about communication and cooperation, which will lead to positive changes for you.

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Gemini

Ganesha says there will be a new energy and freshness in your thoughts, which will make your personality even more attractive. Social contacts are likely to increase, which will expand your network. You will be inspired to spend blissful time with your friends and family. Some positive changes can also be seen in the business sector. The results of your hard work will gradually start coming, and this will motivate you to move forward. Keep in mind that while sharing your ideology, work with empathy, this will strengthen your relationship with colleagues. It is important to be health conscious. A little attention and relaxation will give you mental freshness. Practicing yoga or meditation will be beneficial for you. This day will be full of positivity and new possibilities for you. Express your mind openly and do not hesitate to adopt new ideas.

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Taurus

Ganesha says it will prove to be a positive day for you, Taurus. You will feel energetic and full of confidence. The time has come to reap the fruits of your hard work and efforts. The workload may stress you for a while, but you will face all the challenges recognizing your strengths. Sweetness will also remain in your relationships. Spending time with your family and friends will be a source of joy for you. Conversation with someone special can give you a new vision and promote mutual understanding. A special occasion may be organized among friends or family, which will bring happiness and harmony to you. Moments spent with loved ones will give you mental peace. It is important to be health conscious. A little exercise or yoga will give peace to your mind and energy to your body. Your day will be full of happiness and positivity, just keep your thoughts and emotions balanced.

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18-03-2025