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Press Release

JHARKHAND GOVT HOLDS ROADSHOW FOR GLOBAL INVESTOR SUMMIT TO BE HELD IN FEBRUARY NEXT YEAR

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Aug 5, 2016

In a move to woo investors from India and abroad through its Global Investor Summit 2017, which is scheduled to be held on February next year, Jharkhand held a roadshow in the capital on Thursday.

Speaking on the occasion, Jharkhand Chief Minister Raghubar Das said the state could play a decisive role in ‘Make in India’ campaign. “There are opportunities in every sector in Jharkhand. We want investors to come to the State to explore these opportunities. I have come to invite investors to the Jharkhand Global Investor Summit to be held in February,” Das said.

Jharkhand Government earlier had 3 roadshows in Mumbai, Bengaluru and Hyderabad and Delhi is the fourth place to attract perspective investors to participate in its effort. Though there were no leading investors for the event, the State is hopeful that it will get maximum response from Delhi. “We have met many corporate giants here in Delhi and I got good response from them.”

When asked about the key sectors that the State is looking for, the Chief Minister told the reporters that the focus of the State Government is on IT, agriculture, automobile sectors.

As the Jharkhand is mine-rich State, the State is trying to give all-out support for the investors for expanding their business in the State. As per reports, there are illegal mica mines due to which some deaths have happened and to check such practices in future the State Government is planning to float tenders in a couple of months for e-auction these mines.

In a response to a question on a report which alleged a ‘cover-up’ on child deaths in mica mines in 4 States including Jharkhand, Das said, “The mica mines are illegal due to which some deaths have happened. We are in the process of issuing tenders in a couple of months so that mica is sold through e-auction to alleviate such malpractices.”

State Mines and Geology Secretary Sunil KumarBarnwal said, “Mica has recently been categorised as a minor mineral, earlier it was a major mineral. Now, the state Government can grant. State Government is modifying its rule. These minerals will also be allotted through auction. Once that is there we will put these Mica mines on auction.”

Ref : The pioneer

Link : http://www.dailypioneer.com/business/jharkhand-govt-holds-roadshow-for-global-investor-summit-to-be-held-in-february-next-year.html