Madhya Pradesh Cabinet Approves Policies to Boost Jobs, Investment, and Economic Growth
The state government aims to create 20 lakh jobs and double its GDP by 2030 through seven comprehensive policies targeting key sectors.
- The Madhya Pradesh cabinet has approved seven major policies, including Industrial Conservation, Export Promotion, Logistics, City Gas Distribution, Tourism, Film Tourism, and Pump Hydro Storage.
- The Industrial Conservation Policy focuses on fast-tracked business approvals, sector-specific strategies, and incentives for Ultra Mega Projects exceeding Rs 100 crore.
- The new policies are designed to streamline permissions for investors through a single window system, ensuring transparency and timely approvals.
- The City Gas Distribution Policy seeks to expand access to piped natural gas for households and industries, promoting cleaner energy alternatives.
- The policies will be showcased at the upcoming Global Investor Summit 2025 in Bhopal, with Prime Minister Narendra Modi set to inaugurate the event.