Chief Minister Shivraj Singh Chouhan has said that “single table” concept has been adopted in the State keeping in view the wide investment possibilities in Madhya Pradesh.
Immediate decisions are taken by the Chief Minister and the Minister for Industries every Monday on the basis of deliberations between the investors and the higher officers.
He was addressing the investment seminar on possibilities of investment at Bengaluru on Wednesday. He extended invitation to the industrialists and representatives of the companies to attend Global Investors Summit to be held at Indore on October 22-23.
Deliberating on the possibilities of investment in the State, Chouhan said that there are wide possibilities of investment in tourism sector in Madhya Pradesh. A Tourism Cabinet has been made for this. Madhya Pradesh is full of natural beauty. There is a competition between States for progress.
The country moves forward when States develop. Madhya Pradesh is no more a Bimaru State. Madhya Pradesh has become a progressive State now and is leading in many areas. Better infrastructure facilities are available in the State and better law and order situation prevails in the State. Once upon a time, Chambal region where there were dense ravines is now building its image as an industrial area.
Chouhan said that Madhya Pradesh is the first State which has completed river linking project. Narmada river was linked with Kshipra river.
Chouhan said farming alone cannot feed everybody and that's why the State Government has focused on industries for employment generation for the youths. The youths are being promoted to be entrepreneurs. loan from Rs 10 lakh to Rs 1 cr is being made available under the Chief Minister Young Entrepreneur Scheme. They are provided 15 per cent grants and five percent subsidy in interest for five years. A venture capital fund to the tune of Rs 100 cr has also been formed.
Policies have been changed to provide facilities to the investors and single window system has been put in the place. Public Service Guarantee Act has been legislated. Time limit has been set for delivering different services and there is provision of penalty for delay. Textile industry from Punjab is shifting to Madhya Pradesh only because of its industry-friendly environment.
Chouhan said that today Madhya Pradesh is a leading State in infrastructure. Road, electricity and water are sufficiently available in Madhya Pradesh. What is more important is that the present leadership is investors-friendly. The Chief Minister of the State is not only the CM, but he is the CEO too. "Industrial development is our highest priority and we want to spread not only major industries but also small and cottage industries," he said.
The Chief Minister called upon industrialists and companies' CEOs to invest in Madhya Pradesh.
On the occasion, minister for industries Rajendra Shukla said that there is good environment for investment in the State. Chief Secretary Antony DeSa, and Principal Secretary, Industries, Mohammed Suleman informed about the industrial policies.
Managing director of lepp India Mark Jarort, executive chairman of Mind Tree Krishna Kumar Natrajan, Vardhman Group of Garment manufacturer co-ordinator Mukesh Bansal, Mayur Uniquarter chairman Suresh Poddar, coordinator Swapanil Vyas, Amazon seller service director Avinash Ramachandra, Smile Security and surveillance managing director Rahul Gupta, Volvo India MD Kamal Bali, ABB MD Sanjeev Sharma and other companies and industries bodies office-bearers were present on the occasion.