Resurgent Rajasthan deals under govt lens

Pending agreements of Resurgent Rajasthan have come to the notice of the new administration at the industries department. According to department officials, files related to the investment summit deals are being looked into on directions of senior officials. 

However, unlike in the last tenure where the government had set up a commission to probe the decisions of then Vasundhara Raje government, the officials deny of any vindictive exercise. 

“Many of the memorandum of understandings signed during the period have remain unfulfilled. An attempt will be made to contact the investors and inquire of their present intentions to advance in the direction,” said an official. 

The Resurgent Rajasthan summit held during previous state government had witnessed the signing of investment proposals aggregating to more than Rs2 lakh crore. The BJP government under Vasundhara Raje had held the summit as a major achievement in drawing investment to Rajasthan and made immense effort to facilitate the interested investors. 

The many memorandum of understandings, though, failed to materialise in most cases. Several of the proposals signed during the summit have failed to acquire the necessary land use change permission, while in other cases, the investors lost interest following the bureaucratic complications. There are also proposals that failed to materialise inspite of good progress.

The Congress in the Opposition had deemed the summit as a failure and had charged the government with corruption on several occasions. While it held the investment summit as a waste of public money, many Congress leaders had also accused the Raje government to have benefitted big national and international companies while neglecting the local industrialists. 

No that the Congress is in power, the achievements of the investment summit are likely to get reviewed and many of the pending cases may get discarded. 

In the same sequence of events, recent land allotment made by Rajasthan state Industrial development and Investment Corporation (RIICO) are also likely to be reviewed by the new administration, sources said. The Ashok Gehlot government had said that the Congress government would not be vindictive against the previous BJP government and shall complete the public works undertaken during its tenure. 

Files Checked

Many of the memorandum of understandings signed during the period have remain unfulfilled. An attempt will be made to contact the investors and inquire of their present intentions to advance in the direction,” said an official.