Khattar reviews implementation of MoUs signed during investors

Image
Press Trust of India Chandigarh
Last Updated : Sep 20 2016 | 7:57 PM IST
Haryana Chief Minister Manohar Lal Khattar today reviewed the implementation of Memoranda of Understanding (MoUs) signed during the 'Happening Haryana Global Investors Summit' (HHGIS) earlier this year.
He directed the officers concerned to ensure that the process to set up these units is further accelerated, an official release said.
The Global Investors Summit was held in Gurgaon in March
The Chief Minister was presiding over the first meeting of Haryana Enterprise Promotion Board here today.
Finance Minister Abhimanyu, Industries Minister Vipul Goel and Public Works (Building and Roads) Minister Rao Narbir Singh were also present in the meeting.
The state government has so far got 558 MoUs signed for investment proposals of over Rs 6.41 lakh crore after the HHGIS. This would provide employment opportunities to 7.83 lakh people in the state, it said.
The Chief Minister also directed the officers to facilitate the entrepreneurs in availing the incentives and facilities being provided by the state government.
He also reviewed status of available land, cost of power, fixation of lease rates of Panchayat land for industrial expansion, fiscal incentives in high potential zone and cost benefit analysis framework.
It was informed that regular follow up action was being taken up by the Haryana Industrial and Infrastructure Development Corporation to facilitate the potential investors who are keen to set up businesses in the state.
Forty 'Relationship Managers' have been deputed for vigorous follow up of the MoUs. Land has been allotted for 139 projects with potential investment of about Rs 79,000 crore. Apart from this, five ultra mega projects with potential investment of Rs 2.5 lakh crore are in an advance stage, it said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 20 2016 | 7:57 PM IST

Next Story