25.12.18 (RPSC) Rajasthan Current Affairs

RAJASTHAN

 

·        Rajasthan Institutions : BUREAU OF INVESTMENT PROMOTION (BIP)

ð  Bureau of Investment Promotion (BIP), is the nodal agency for investment promotion in the state, was established in 1991 to facilitate large investment in the state. BIP serves as a one-stop knowledge house with respect throughout the ‘conceptualization-to commissioning’ stage. The most important role of BIP is in facilitating speedy clearances from various departments, addressing investment concerns and clearing bottlenecks.

ð  Rajasthan Single Window Enabling & Clearance Act was enacted to provide a single window facility to investors by ensuring a time bound response on investment applications. BIP is the nodal agency for investments of more then `10 crore under the Single Window System. In an effort to renew the image of Rajasthan as the preferred investment destination, the second edition of the Resurgent Rajasthan Partnership Summit was organized on 19th and 20th November, 2015 at Jaipur Exhibition & Convention Centre. As a result of the proactive effort to reach out to investors and through road shows, and Resurgent Rajasthan Summit, a total of 470 MoUs worth `3.38 lakh crore were signed.