Mohan Yadav’s ₹10 lakh crore bet on MP
Chief Minister Mohan Yadav of Madhya Pradesh unveiled a bold ₹10 lakh crore investment plan during the Economic Times World Leaders Forum. The state is streamlining its business environment by making land available for commercial use within 29 days and scrapping over 900 laws that impeded commerce.
Yadav emphasized the government's commitment to easing the setup of companies and investments. The state boasts an ample land bank and robust infrastructure to support new ventures. Madhya Pradesh currently has 31 GW of clean energy capacity, with the goal of expanding this to 50 GW.
The chief minister highlighted that over ₹88,000 crore is being invested in the state's export sector, with efforts underway to enable exports from all 55 districts. Madhya Pradesh has secured ₹5,500 crore from Delhi for aviation, telecom and defence projects. Additionally, a water-sharing arrangement with Rajasthan, benefiting ₹50,000 crore, was finalized following years of stalled initiatives.
The Ken-Betwa river project is also contributing to the state's development. Infrastructure enhancements, such as energy parks and pumped-storage projects, are underway, alongside expansions in industrial and defence sectors. The government has introduced a direct benefit transfer system for investor interactions, ensuring funds are deposited directly into investors' accounts.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
