Chandigarh: Haryana Industries and Commerce Minister Rao Narbir Singh said that translating investment MoUs into actual projects on the ground is a top priority of the State Government. The government has set a target of converting at least 70 per cent of the MoUs signed under the new industrial policy into actual projects. He directed officials to extend all possible support to investors and ensure regular follow-up on investment proposals.
Rao Narbir Singh held a meeting with officials of the Industries Department at his office in the Chandigarh Secretariat today. He informed that following the Haryana Investor Roadshow and launch of the new industrial policy in June, 123 MoUs worth Rs. 2.37 lakh crore and additional MoUs worth Rs. 9,600 crore have been signed in the State.
Dr. Agrawal informed that a subsidy of Rs. 5 lakh is available under the Plug and Play Policy for MSMEs. Under the revised approach, investors will participate as buyers rather than sellers. In addition, proposals for the Haryana Multi-Modal Logistics Plan and the Haryana EV-Cargo Logistics Scheme have also been prepared.
