Rajasthan Unveils Investor-Friendly Land Policy to Drive Industrial Growth
The Rajasthan government, alongside RIICO, has introduced a new land policy aimed at making industrial land more affordable and fostering investment. By freezing land rate increases and offering graded discounts, the state aims to attract new investors and boost industrial growth across Rajasthan.
- Country:
- India
In a landmark move to enhance industrial investment, the Rajasthan government and RIICO have announced a transformative land policy. This initiative aims to make industrial land more affordable and investor-friendly, addressing the long-standing issue of high land costs in the region.
The new policy includes a freeze on land rate increases and introduces graded discounts on reserve rates. This is expected to encourage both domestic and international investors by providing predictability and stability in land costs.
Industry experts and observers have praised this strategic reform for its potential to generate employment and bolster Rajasthan's industrial landscape, positioning it as a competitive investment destination.
(With inputs from agencies.)
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