A total of 104 MoUs have been signed in the last two years under the leadership of Chhattisgarh Chief Minister Bhupesh Baghel for setting up industries in the state with a proposed capital investment of more than Rs 42 thousand crore. These industries will generate more than 64 thousand new employment opportunities for the youths of Chhattisgarh.
The new industrial policy of Chhattisgarh and the steps taken by the state government in the interest of industries during the corona period have led to the creation of a better industrial environment in the state. During the Corona-crisis period, the entire country was affected by the economic slowdown, while industries in Chhattisgarh remained untouched by the recession.
During the lockdown, Chhattisgarh’s industries were first in the country to have started functioning in the month of April 2020.
Many concessions and facilities were given by the state government keeping in view the difficulties faced by the industries. Industries in the core sector were given subsidies in electricity bills. All necessary arrangements were made to ensure supply of raw materials, and finished goods to reach the market. Guidelines were also issued to enable easy supply of raw materials from other states to Chhattisgarh.