Raipur (Chhattisgarh) [India], February 13 (HBTV): Chhattisgarh's Deputy Chief Minister, Arun Sao, asserted on Thursday that the state government will allocate funds in the upcoming budget to improve the condition of roads across the state.

"We have made provisions in our budget as promised in our manifesto regarding urban bodies. We will ensure that the budget addresses the worsening road conditions in Chhattisgarh, which deteriorated during the five years of Congress rule," Sao stated while speaking to the media.

In related news, all cabinet ministers in the Chhattisgarh government, including Chief Minister Vishnu Deo Sai, will visit Prayagraj today to take part in the Mahakumbh and take a holy dip.

Earlier in January, Chhattisgarh paved the way for Foreign Direct Investment (FDI) opportunities after Chief Minister Vishnu Deo Sai held discussions with US Consul General Mike Hankey and Russian Consul General Ivan Y. Fetisov regarding investment possibilities in sectors such as healthcare, education, IT, and tourism.

During the second leg of the investment meet in Mumbai, Chhattisgarh attracted ₹6,000 crore in investment through industrial proposals from leading companies in sectors like plastics, textiles, IT, and food processing. The largest proposal, amounting to ₹2,367 crore, came from Ambuja Cement.

The Chief Minister emphasized that since the launch of the new industrial policy, the state had attracted over ₹1 lakh crore in investments through Investor Connect meets held in Raipur, Delhi, and Mumbai.

Highlighting the features of the state's new Industrial Policy for 2024-30, Chief Minister Sai explained that the policy aims to make Chhattisgarh the preferred destination for investors by adopting the motto "Minimum Governance, Maximum Incentives." This approach includes streamlining the process for obtaining No Objection Certificates (NOCs) and offering clearances through a single-window system, providing significant relief to investors.

Additionally, the Bespoke Policy offers incentives for industries that invest ₹1,000 crore or employ 1,000 people. This includes provisions for permanent capital investment support ranging from 30% to 50%, with amounts ranging between ₹200 crore and ₹450 crore.  

(ANI)