Investors leave disappointed as over 50% MoUs hit barrier

Jaipur | Wednesday | 8th February, 2017

Summary:

However, the private investors returned disappointed.The Jaipur Development Commissioner (JDC), Vaibhav Galriya directed the officials to resolve the problems after listening to the private investors. JAIPUR: Private investors , who had signed memorandum of understandings (MoUs) during the Resurgent Rajasthan 2015 , are disappointed with the Jaipur Development Authority (JDA) due to delay in land conversion and other related work.In the summit, around 77 private investors signed MoUs with the state government. Kamal Singh Baid, who has proposed to develop a resort in Motu Ka Bas, has applied for revenue documents in Amer Tehisl. Directions were given to provide the related documents so that work can be expedited. An offical source said, "Investment of Rs 1,300 crore is stalled due to the delay..