Jharkhand highly conducive for investment: Das

Jharkhand Chief Minister Raghubar Das today said the state is highly conducive for investment and his government is using enabling policy framework, responsive administration to bring in transformation in governance and execution of programmes.
"To simplify the investment and its regular monitoring, we have online single window system, we are moving towards becoming paperless government," Das said while addressing the inaugural session of the first Jharkhand Global Investors' Summit at the Khelgaon here.
He said the government had formulated 16 new policies -- to name a few are Jharkhand Industrial and Investment Promotion Policy, ESDM Policy, Start Up Policy, IT Policy, Automobile and Auto component policy, Food Processing Policy, Textile Policy and Film Policy.

He said Jharkhand is number one in labour reforms in the last two years and ready for GST implementation.
The chief minister said that Jharkhand was highly conducive for investment having all ingredients in the state required to support the growth of business as there was political stability and good law and order situation.
"We have constituted land bank for industrial development and there is ample availability of skilled manpower. We have constituted a team of experts who would support and facilitate investors at every stage," he said.

He said the state wished to invite investment in power generation to bridge the demand-supply gap and become self-reliant in the next three years.

He said Jharkhand is one of the richest mineralised regions in the world possessing 40 per cent of mineral resources of the country.
"Though we are known for our rich mineral deposits and steel and automobile Industry, I feel our biggest assets are our people. Nearly 60 per cent of our population is between 15 and 59 years of age," he said.