J'khand Investment Board to implement MoUs

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The State Government is setting up Jharkhand Investment Board (JIB) for effective implementation of the 210 Memorandums of Understanding (MoUs) signed by it during the Global Investors’ Summit. Chief Minister Raghubar Das today said that the board will be headed by the CM and Chief Secretary will be the Vice Chairman with principal secretaries and secretaries of different departments as members.

While holding a review meeting three days after the Global Investors’ summit here on Tuesday, the CM said that the board will hold monthly review meetings to clear hurdles in the way of implementation of the MoUs swiftly. Similarly, Global Investors’ Committees, headed by Deputy Commissioner, would be formed at the district level, which will be monitored by the Director, Industries, said the CM.

Reiterating the government’s commitment to implement 172 MoUs out of the total 210 MoUs signed during GIS in one year itself, Das said that the government will appoint a nodal officer in every department and district industrial centres would work on the lines of single window system. The DIC officers will be nodal officers who will coordinate with investors and departments for effective implementation of the MoUs.

The CM warned government officials and employees of stern action if they are found to be dillydallying in the work. He said that Jharkhand has gained

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J’khand Investment Board to implement MoUs

 confidence at the national and international level after holding the GIS and the efforts to attract more and more investors to the State should be continued. 

The CM also reviewed the financial budget of 2016-17 and 2017-18 on the occasion. By February 20, 70.45 per cent of funds were used under total planned expenditure of `36,673 crore. During 2015-16, `18,981 crore was spent which was 63 per cent of total planned expenditure. In the current FY, 15 departments have spent more than 60 per cent. Seven departments have spent in between 60-40 per cent of the funds. Special work officer Sunil Kumar Sinha has been appointed nodal officer to sort out problems related with treasury.

The Governor has consented to Budget Appropriation Bill 2017-18 and meeting on Rajya Yojana Pradhikrit Samiti has been started. As many as 38 proposals worth ` 4,009.13 crore have been recommended in Rajya Yojana Pradhikrit Samiti. The meeting of Rajya Yojana Pradhikrit Samiti will start from Thursday so that new schemes can be approved.

The CM said that year 2017 is a turning point in the history of Jharkhand and thanked the organisers of Global Investors’ Summit.

Chief Secretary Rajbala Verma, Additional CS Amit Khare alongwith all senior officials of the State Government were present on the occasion.

 CM to head leaders’ delegation to China

Chief Minister Raghubar Das will lead the delegation of Indian leaders to China. Union Minister for External Affairs Sushma Swaraj has written to the CM in this regard. Swaraj asked the CM to fix a date before August 15 and inform the Union Foreign Ministry.

Union foreign Ministry and Communist Party of China hold high level bilateral exchange programmes. Under this, senior

China visit India and an Indian delegation in the leadership of Chief Ministers visits China. The motto of this meeting is to understand one another and strengthen bilateral relations.

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