Two panels set up to fasttrack investments CM

  • | Saturday | 22nd September, 2018

He said the state government will set up 16 new GIDC estates over 1,000 hectare.The minister further said his government, having already trained 75 lakh youth, plans to train 1 lakh apprentices in various trade, along with skill development necessary for quality control.The state has already made it mandatory that new industrial units in the state have to provide 80 per cent jobs of local youth. Bharuch/Surat: Gujarat chief minister Vijay Rupani on Friday announced that two high level committees have been constituted one to fast track investment proposals up to Rs 500 crore and another for projects over Rs 500 crore.“The committee headed by the chief secretary will clear investment proposals up to Rs 500 crore while for projects with investment higher than Rs 500 crore the committee headed by CM will clear the projects,” Rupani said after laying the foundation stone for Emami Papers' greenfield packaging board plant involving Rs 1,000 crore investment in the first phase.Rupani said the committees will meet every fortnight to review projects and its status.

Bharuch/Surat: Gujarat chief minister Vijay Rupani on Friday announced that two high level committees have been constituted one to fast track investment proposals up to Rs 500 crore and another for projects over Rs 500 crore.“The committee headed by the chief secretary will clear investment proposals up to Rs 500 crore while for projects with investment higher than Rs 500 crore the committee headed by CM will clear the projects,” Rupani said after laying the foundation stone for Emami Papers' greenfield packaging board plant involving Rs 1,000 crore investment in the first phase.Rupani said the committees will meet every fortnight to review projects and its status. He said the state government will set up 16 new GIDC estates over 1,000 hectare.The minister further said his government, having already trained 75 lakh youth, plans to train 1 lakh apprentices in various trade, along with skill development necessary for quality control.The state has already made it mandatory that new industrial units in the state have to provide 80 per cent jobs of local youth. tnn

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