Rajasthan's Investment Environment
The Government of Rajasthan believes that private enterprise can play an important role in the socio-economic development of the State and in the creation of jobs for people. It is taking major steps towards improving the business climate and encouraging private investment in various sectors. A comprehensive Industrial and Investment Promotion Policy was launched by the Government in 2010. This addresses a wide range of issues such as infrastructure development, ease of investing, human resources development and land availability. The State Government also introduced a statutory Single Window System (SWS) and an online electronic clearance mechanism for time bound approvals for investment approvals.
Rapid Growth in Industries and Services Sector
The State has shown rapid growth in the Industries and Services sector over the last 10 years. These sectors have grown at an average growth rate of 6.8% and 8% respectively at constant prices.
The sectoral contribution of the services sector in GSDP (at constant prices) has increased from 42% to 50% between 2004-05 and 2009-10.