Latest news with #MP-RISE2025
India Gazette
19 hours ago
- Business
- India Gazette
Investment Proposals worth Rs 30,402 crore received at Ratlam's MP RISE 2025 Conclave, says CM Mohan Yadav
Ratlam (Madhya Pradesh) [India], June 27 (ANI): Madhya Pradesh Chief Minister Mohan Yadav attended MP-RISE 2025 (Regional Industry, Skill and Employment) conclave held in Ratlam district on Friday and informed that investment proposals worth Rs 30,402 crore received at the Conclave, which expects to generate 35,520 employment opportunities. CM Yadav highlighted that Madhya Pradesh is undergoing transformation and innovations are being made in every sector of development. He affirmed that the journey of Madhya Pradesh's industrial growth will now move forward at an even faster pace. The CM also said that the government is making every possible effort to enhance the state's prospects and create more job opportunities for youth, adding that interactive sessions are being conducted across cities to attract investment, with the next to be held in Surat on June 29. He announced, 'Six villages adjoining the Ratlam Mega Investment Region -- Bibdaud, Palsodi, Rampuria, Sarwani Khurd, Jamthun, and Julwaniya -- an amount of Rs 50 lakh per gram panchayat has been approved for the construction of roads, community buildings, and necessary infrastructure development for the benefit of local residents. Establishment of a 220 KV power line in the new area to facilitate the industrial units in the investment zone and industrial park of Ratlam.' Additionally, he declared that an international-standard hockey astro turf would be built at the Polo Ground in Ratlam, and a large airstrip will also be constructed. He further announced the development of a satellite township in the Kalika Mata temple complex. CM Yadav also transferred Rs 3,861 crore as loan amount to over 4 lakh beneficiaries for self-employment and provided land allotment letters to 35 large industrial units investing over Rs 6,000 crore, promising more than 17,600 jobs on the occasion. Along with this, he also performed Bhoomi-Poojan and the inauguration of 94 industrial units and clusters worth over Rs 2,012 crore. The CM Yadav further disbursed Rs 270 crore incentive grants to 288 MSMEs and Rs 425 crore financial support transferred to 140 large industries. He also provided land allotment letters to 538 MSME units. The Chief Minister also emphasised the state's improved connectivity, stating that with the Delhi-Mumbai Expressway, both cities are now just six hours away from Ratlam. In the coming years, air cargo services will be introduced to facilitate goods transport, and discussions are underway with the Maharashtra government to provide port facilities for Madhya Pradesh traders. The Chief Minister stressed that even the smallest investor is valuable to the government. 'The world is amazed by the strength of our economy. Many households run their kitchens because of your factories. Factories are no less than temples of prosperity,' he remarked. CM Yadav emphasised that RISE Conclave is an innovative step toward creating new entrepreneurs. He interacted virtually with entrepreneurs and representatives from Rewa, Sagar, Alirajpur, Dhar, and Ratlam. The CM also inaugurated 8 major development projects worth Rs 202 crore and distributed job offer letters to 263 aspirational youth, according to an official release. Furthermore, various leading industrialists across the country held one-on-one discussions with Chief Minister Yadav and presented their investment proposals, expressing keen interest in setting up industries in Madhya Pradesh. The discussions focused on potential investment zones and various industrial facilities available in the state. The Chief Minister assured the investors of a highly conducive and supportive environment for industrial growth in Madhya Pradesh. (ANI)
India Gazette
a day ago
- Business
- India Gazette
CM Mohan Yadav to inaugurate MP-RISE 2025 conclave in Ratlam
Bhopal (Madhya Pradesh) [India], June 27 (ANI): Madhya Pradesh Chief Minister Mohan Yadav will inaugurate the MP-RISE 2025 (Regional Industry, Skill and Employment) conclave in Ratlam district on Friday. The event aims to reshape the path of industrial, economic, and social progress in the state. It will also bring together investment, employment generation, skill development, and beneficiary-oriented welfare programs into a comprehensive model. On the occasion, CM Yadav will also virtually perform the bhoomi-pujan (foundation stone laying) and inaugurate employment-oriented industrial units in Rewa, Sagar, Alirajpur, and Pithampur. With the theme 'Successful Entrepreneurs, Prosperous Industries, Inclusive Growth,' the event is being organised by the Department of Industrial Policy and Investment Promotion, with active participation from the Department of Micro, Small, and Medium Enterprises (MSME) and the Department of Technical Education, Skill Development, and Employment. More than 2,500 participants, including MSME entrepreneurs, investors, trained youth, bankers, and government officials, are expected to attend. The Chief Minister will distribute job offer letters to youth and hand over letters of intent and land allotment documents to industrialists for new investment projects. He will also interact with beneficiaries from selected districts and felicitate three banks for outstanding performance in self-employment credit schemes. According to an official release, the Conclave will witness the Bhoomi-Poojan of 16 new industrial areas worth Rs 243 crore and the inauguration of 11 state industrial clusters. Over Rs 2,400 crore in aid will be disbursed to more than 2 lakh beneficiaries under various employment and entrepreneurship schemes. Additionally, the MSME Department will sign MoUs with Walmart and ONDC to boost market access for local enterprises. Letters of intent will be issued for investment proposals worth Rs 2,850 crore, expected to generate over 5,450 new jobs. CM Yadav will also inaugurate an exhibition showcasing inspiring success stories in self-employment and entrepreneurship. Over 100 innovation-based stalls will feature ODOP/GI-tagged products, MSME units, and start-up innovations. Three thematic sessions will be held, focusing on investment policies, ease of doing business, technical education, and skill development. The Chief Minister will deliver a special address and also hold one-on-one meetings with investors. MP RISE 2025, being hosted in Ratlam, represents the Madhya Pradesh government's strategic vision for inclusive, participatory, and self-reliant development. The conclave will promote regional industrial and skill-based balance, open new avenues for women entrepreneurs, and offer emerging opportunities to investors. MP-RISE 2025 is not just a conclave, but a transformative platform for shaping the future of Madhya Pradesh's industrial and employment ecosystem. (ANI)
