Kejriwal govt plans body to invite investment, create jobs

The Delhi government is keen to set up a Bureau of Investment and Enterprises to encourage investment like the successful experiment done in Rajasthan.

The bureau may be headed by Ashish Khetan who already is the vice-chairman of government thinktank Delhi Dialogue Commission.

Sources said the proposed body would have an advisory role. It would help enhancing Chief Minister Arvind Kejriwal and his ministers to take quick decisions and execute projects.

“A cabinet note for creating such a body has been prepared,” said a senior government functionary.
The Chief Minister has always stressed on the need for promoting the ease of doing business in the city. This also was a key buzz word in Finance Minister Manish Sisodia’s Budget speech.

Sources said the Arvind Kejriwal government realised the need for encouraging investment it the city for creating jobs and the proposed bureau is going to work in that direction.

“The idea behind the new body is to make Delhi attractive for investment and develop it as a business hub,” said an official.

Experts from the corporate works may also be roped for the bureau’s governing body to help shape up an effective policy on public private partnership and forecast cost of projects.
The  government’s principal secretaries from departments of finance, transport and education would also be part of the strategy team of the proposed bureau.

Sources said the idea to create such a body struck Kejriwal after seeing the big push for investment in Rajasthan. Officials of the Delhi government studied the Rajasthan investment bureau and fined tuned it for the city.