DMPQ Premium- Describe the steps taken by Madhya pradesh government to boost the investment in Madhya pradesh.

The following are some of the major initiatives taken by the government to promote Madhya Pradesh as an investment destination:

  • Under Prime Minister Graamin Sadak Yojana, during 2016-17, construction of more than 2,000 km of roads has been targeted by the state government. For the development of various roads in the state, allocation of US$ 1.12 billion has been proposed by the state government
  • Work on construction of IT parks in 4 major regions of the state, including Indore, Gwalior, Bhopal and Jabalpur, is expected to be initiated during 2016-17. Moreover, electronic manufacturing clusters are also being established in Jabalpur and Bhopal. For these new establishments, Government of Madhya Pradesh allocated an amount of US$ 7.94 million as per the Budget 2016-17.
  • For a structured growth, the government has divided the state into six clusters – Indore, Bhopal, Jabalpur, Gwalior, Rewa and Sagar.
  • The state is developing two SEZs at Hargarh and Umariya- Dungariya. Once operational, the Hargarh SEZ will provide infrastructure support to mineral-based industries, while Umariya-Dungariya will cater to the agriculture and food processing industries.
  • The state government has announced plans to upgrade existing apparel clusters at Indore and Jabalpur. The state government has established a textile park in Chhindwara.
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