Tourism & education could be new areas for investment: Jaitley

Jaitley, who was here as chief guest for the inaugural ceremony of Global Investors’ Summit, 2017, said the summit was an important initiative of Jharkhand and Chief Minister Raghubar Das.

Ranchi, Feb 16: Union Finance Minister Arun Jaitley on Thursday said Jharkhand has a stable government and tourism and education could be the areas for new investments in the state. He said it was natural that investment would come in traditional areas but investments in new sectors like tourism and education would also come in Jharkhand.

Jaitley, who was here as chief guest for the inaugural ceremony of Global Investors’ Summit, 2017, said the summit was an important initiative of Jharkhand and Chief Minister Raghubar Das.

Jharkhand is such a region that has natural resources and food resources and there is a big scope to lead in the three areas of the economy --- agriculture, services and manufacturing industry. If food grains are there in manufacturing and industry then there would be value addition, and a scope would come (for investments), he told a press conference said.

Agriculture in Jharkhand has always been good. And the moment there would be economic growth services would come up and investments would come. Jaitley said now Jharkhand has good stable government and the government's effort was to increase investments.

The Union Finance Minister said the Centre’s support was there and he believes that a great change is in the offing in the state.

PTI