Rajasthan Investment Promotion Scheme-2014 launched

To attract the domestic and foreign investment, Chief Minister Vasundhara Raje today launched a Rajasthan Investment Promotion Scheme-2014 (RIPS) and Solar Energy Policy-2014 for setting up of new units and more investment by existing enterprise in the state.
Speaking on the occasion, Chief Minister said her government was committed to create "business culture" and "investors' friendly atmosphere" in the state.
By providing better investment facilities to promoters and investors both Indian and foreign, we want Rajasthan to be a model state in the country, she said.
Both new policies on Solar Energy and RIPS would change the economic scenario of the state, and take the state to the front runners by opening new jobs and earnings.

Both policies would also cater and protect the needs of farmers, she said, adding the state would hold a business meet titled "Resurgent Rajasthan" next year.
Under RIPS-2014, incentive would be provided for investment made by enterprise for establishment of new unit and investment made by the existing enterprise for expansion, she said.
For specified services, initially for services related to Health, Education, Skill Development, development of industrial parsk, hotel and entertainment a number of benefits were provided in the RIPS, she said.