Rajasthan Cabinet approves new industrial development policy with focus on talent economy
The Rajasthan Cabinet has approved a new industrial development policy aimed at enhancing the state's economy through a focus on the talent economy and private sector involvement. This policy includes incentives for micro, small, and medium enterprises, as well as initiatives in various sectors such as technology and agriculture. Additionally, the Cabinet addressed energy production, water conservation, and pensioners' welfare during the meeting.
- ▪The new policy aims to boost Rajasthan's economy to $350 billion by 2028-29.
- ▪Incentives will be provided for micro, small, and medium enterprises and the export sector.
- ▪The Vande Ganga water conservation campaign will include desilting of canals and cleanliness drives.
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The Rajasthan Cabinet on Friday (May 22, 2026) approved a new industrial development policy with the focus on talent economy and the private sector’s participation to establish a world-class industrial infrastructure in the State. The Cabinet also took decisions on energy production, water conservation and pensioners’ welfare.Chief Minister Bhajan Lal Sharma presided over the Cabinet meeting. Industries and Commerce Minister Rajyavardhan Singh Rathore told journalists after the meeting that the new policy would provide incentives to micro, small, and medium enterprises, one district one product, and the export sector.“The State government will make special efforts to promote industries based on cutting-edge technologies, such as semiconductors, data centres, global capacity centres and…
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