Why in News?

=> Before the Invest Rajasthan 2022 Summit, a District Level Investment Summit was organized in Jaipur under the chairmanship of Industries Minister Shakuntala Rawat.

• In this, MoUs and LOIs of more than 23 thousand 528 crores were signed, due to which more than 1 lakh 13 thousand jobs will be created in the state.

Key Points:

=> On this occasion, Shakuntala Rawat said that the Invest Rajasthan Summit is being organized this time in a new way, so that more and more investment proposals can be landed.

=> For this, for the first time, the government is organizing such investment conferences in the districts before the conference. These conferences will be held in all the districts for a month before the main summit.

=> The Industries Minister said that for investment of more than Rs 5 crore, the process from MoU to purchase of land would be decided here. When the investment is confirmed, it will be brought to the main summit at the stage of inauguration itself.

=> On this occasion, MoU was also signed for manufacturing of electric vehicles and establishment of Skill University.

=> Apart from this, MoUs and LOUs were signed for the establishment of industries related to solar panels, infrastructure, food processing, furniture, automobiles, gems and jewellery, plywood, hotels and hospitals, textiles and garments.