Madhya Pradesh Has Conducive Environment for Investment and Industries: CM Dr. Yadav

Chief Minister Dr. Mohan Yadav said that procedures for setting up industries in Madhya Pradesh are being continuously simplified. Earlier, setting up an industry required 76 different types of approvals, whereas approvals are now being granted expeditiously through the single-window system. The land-allotment process, which earlier took 50 to 60 days, has now been reduced to less than 29 days. The State Government is also continuously working to provide electricity to industries at affordable rates. Madhya Pradesh has created a conducive environment for investment and industrial development.

Chief Minister Dr. Yadav addressed the virtual inauguration programme of Bhadora Industries Limited, established at a cost of ₹106.35 crore in Panwa village of Kasrawad tehsil in Khargone district, from Gwalior on Wednesday. He said that the commencement of operations at Bhadora Industries would give impetus to industrial activities in the Kasrawad region and create several new employment opportunities locally. The Chief Minister described the occasion as significant for Khargone and said that the region had immense potential for development.

Chief Minister Dr. Yadav said that continuous efforts are being made at various levels to promote employment generation and industrial development in Madhya Pradesh. The state is observing the Year of Farmers’ Welfare. Khargone is particularly known for cotton production. The State Government has taken several important decisions in the interest of farmers, including reducing mandi tax. He said that the development of industries and farmers would further strengthen the state’s economy.

Chief Minister Dr. Yadav said that various facilities are being provided in Madhya Pradesh in line with the requirements of electricity infrastructure, renewable energy and industrial areas. The demand for electricity and electricity-related products is continuously increasing. The establishment of such industries will create new employment opportunities for the youth. He said that the blessings of the Narmada River are also ensuring adequate availability of water in the state.