Jharkhand signs 8 MoUs for development in various sectors

Launching a road show named 'Momentum Jharkhand' in Mumbai, the Jharkhand government signed eight MoUs with different companies in the western metropolis.
The state has signed an Memorandum of Understanding (MoU) with Orient Craft Limited in the textile sector worth Rs 1,500 crore for construction of two parks across a 140-acre land, an official release said.
In the education sector, the state signed an MoU worth Rs 350 crore with MNR Education Trust Integrated Medical and Para-medical Education Campus and it would be set up in the next five years on an 80-acre land, it said.
According to the MoU with Tata Steel Limited, training would be imparted to youth in soft skill system, in mining and meteorological sector under the CSR, the release said.

For a student exchange programme, the state signed an MoU with Tech Mahindra (IT-ITES) for skill development, robotics and cloud computing, apart from setting up incubation centre and BPO.
MoU with Desun Hospital & Heart Research Institution is for a 500-bed multi-specialty hospital and for setting up a 300-seat nursing institution and a paramedical institution.

The MoU with Fuel would in skill development for the next ten years and another MoU was signed with a company in the e-governance sector.
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The release said the government held its seminal
investment promotion road show in association with the Confederation of Indian Industry (CII) in Mumbai, under the banner - Momentum Jharkhand Global Investors' Summit 2017.

It was the campaign's second rendezvous with Mumbai following the maiden meeting of the Jharkhand Investment Promotion Board (JIPB) in July this year.
"JIPB is a special body for planning and executing strategies to enhance Jharkhand's position as a global business centre," the release said.
Speaking on the occasion Jharkhand Urban Development minister Chandreshwar Prasad Singh said "The government of Raghubar Das, on being given the people's mandate, in a matter of just 20 months, achieved political stability for the state.
"Our governance systems are focusing on making Jharkhand cities more amenable to housing global communities of investors through a strong focus on the social sector, principally healthcare, education and public recreation."

"We call upon investors to invest in our smart city project on Public-Private Partnership basis," he said.
Besides solid waste management, multi-modal urban transport and housing for all were key sectors in which the government was soliciting investments, the release said.
Speaking on the occasion, Jharkhand HRD minister Neera Yadav stressed on the centrality of the skills development agenda of the government in this campaign.
"MoUs have been signed with CISCO, ORACLE and Hewlett Packard among global corporations in the field of skills development, so that Jharkhand is ready for the next phase of technology leveraged industrial diversification.
"This strategy will greatly develop the support system that Jharkhand's key industries need to compete globally. Jharkhand's present higher education gross enrolment ratio is 16.1 per cent.

"But, I am convinced that soon we will vault over the national average and start aspiring to better global standards. We aim to set up over 600 institutions of higher education over the coming years. I call upon private institutions to partner with us in our mission," she said.
In her keynote address, Chief Secretary Rajbala Verma said "Given that Mumbai accounts for a large chunk of the country's industrial output and national GDP, we have come here again to make Jharkhand more visible to the investors of this city."
Verma also highlighted some recent MoUs signed by the government of Jharkhand.

"We have successfully matched investment opportunities with global industry trends - through focused and dynamic policies catering to a wide spectrum of sectors. These policies are indicative of the larger intent of business reforms," she said adding Jharkhand was about to launch a dedicated Start-up Policy and a highly responsive e-mentoring system for start-up entrepreneurs, and that the Chief Minister recently supervised the inking of MoUs with 42 service providers in the area of skills development.
Jharkhand Industries Secretary Sunil Kumar Barnwal presented the state's diverse investment opportunities to the audience, the release said.
"The Industrial and Investment Promotion Policy, 2016 forms the basic framework of our mission to make Jharkhand the most business friendly state in India. There are several investment ready projects, information on which is publicly through our publication.

"The projects span across sectors such as smart city development, electronic manufacturing, BPO, food processing, industrial parks, healthcare and education, etc. We have succeeded in concurrently establishing thriving systems of single window clearance, time bound grievance redress, industry consultation mechanisms and multi-pronged incentive schemes," he said.
Barnwal said Jharkhand's air-cargo hub would be inaugurated soon.
On the start-up front, Barnwal said the state government has brought on board a team from IIM Ahmedabad to help set up a centralised Start-up Incubation Facility.
On the sidelines of the roadshow, the government was scheduled to interact with several venture capitalists to promote the government's Start-up strategy, the release added.