Rajasthan CM Bhajan Lal Sharma’s UK Visit: Boosting Investments and Sports in Jaipur
Chief Minister Bhajan Lal Sharma of Rajasthan led a delegation to London to promote the Rising Rajasthan Global Investment Summit 2024. The summit will be held in Jaipur from December 9 to 11. The delegation met with various UK-based firms in sectors like health, renewable energy, and sports.
Key Meetings and Agreements
The delegation visited the National Institute for Health and Care Excellence and Imperial Innovation Hub to explore collaborations. They also met with Royal Multisport Pvt Ltd, owners of the Rajasthan Royals cricket team, at Lord’s Cricket Ground. An MoU was signed to develop Jaipur as a sports hub.
Investment Roadshow
During an investor roadshow, CM Sharma unveiled the Rajasthan Investment Promotion Scheme 2024, offering incentives for IT, power, and logistics sectors. MoUs were exchanged with Indo-UK Institute of Health, Hindustan Silicon Resources Ltd, and ReNew Power for investments in bio-medical waste treatment, defense, and renewable energy.
Statements from Leaders
CM Sharma expressed eagerness to work with British companies to double Rajasthan’s economy. Deputy CM Diya Kumari highlighted the state’s progressive policies attracting foreign investments. High Commissioner Vikram K Doraiswami praised Rajasthan’s outreach efforts.
Previous Engagements
Earlier, the delegation visited Germany, signing MoUs with several firms. The total investment pledged for the summit has reached over INR 15 lakh crore.
Doubts Revealed
Rajasthan -: Rajasthan is a state in the northwestern part of India, known for its rich history, palaces, and desert landscapes.
CM -: CM stands for Chief Minister, who is the head of the government in an Indian state, similar to a principal in a school but for the whole state.
Bhajan Lal Sharma -: Bhajan Lal Sharma is the Chief Minister of Rajasthan, which means he is the leader of the government in that state.
UK -: UK stands for the United Kingdom, a country in Europe made up of England, Scotland, Wales, and Northern Ireland.
MoU -: MoU stands for Memorandum of Understanding, which is like a friendly agreement between two parties to work together on something.
Royal Multisport Pvt Ltd -: Royal Multisport Pvt Ltd is a company that focuses on developing sports facilities and promoting sports activities.
Jaipur -: Jaipur is the capital city of Rajasthan, known for its pink-colored buildings and historical sites.
Rising Rajasthan Global Investment Summit 2024 -: This is an event planned for 2024 to attract businesses and investors to Rajasthan, helping the state grow economically.
Rajasthan Investment Promotion Scheme 2024 -: This is a plan by the Rajasthan government to encourage businesses to invest in the state by offering them benefits.
Indo-UK Institute of Health -: This is an organization that works to improve healthcare by collaborating between India and the UK.
ReNew Power -: ReNew Power is a company that focuses on producing energy from renewable sources like wind and solar power.
