Rajasthan Summit: At least half of MoUs should be implemented, says CM

Rajasthan Chief Minister Ashok Gehlot on Saturday said his government would try to ensure that at least 50 per cent of the total investment committed in the Invest Rajasthan Summit is implemented.

He said usually around 25 per cent of MoUs signed in such summits held in various states reach the implementation stage.

As many as 4,192 MoUs/LOIs totalling Rs 10.44 lakh crore have been signed during roadshows at international, national and state levels from November 2021 to September 2022 before the summit, which was held on October 7 and 8 at Jaipur.

Gehlot said the state government changed its policy this time and got the agreements signed before the summit.

"Such events are held in several states and only 15, 20 or 25 per cent (of the total committed investment) comes as the actual investment. We have signed agreements worth around Rs 11 lakh crore. Of this, we will try to achieve 50 percent of the investment," he told reporters on the concluding day on Saturday.

He further said ..