In a major administrative and economic push, the Rajasthan Cabinet has approved the creation of a new Diaspora Department and sanctioned a ₹15,600-crore energy joint venture (JV) aimed at accelerating the state’s infrastructure and global engagement goals.
According to PTI, the state government is also rolling out a strategic policy to boost its presence in the global corporate ecosystem, targeting the establishment of 200 Global Capability Centres (GCCs) by 2030 and creating 1.5 lakh jobs for young professionals.
This marks one of Rajasthan’s biggest multi-sector policy moves in recent years.
New Diaspora Department: Connecting Global Rajasthanis
The newly approved Diaspora Department will focus on:
Strengthening ties with Non-Resident Rajasthanis (NRRs)
Facilitating investments from overseas communities
Helping diaspora-led startups and businesses engage with the state
Promoting Rajasthan's culture, trade, and global partnerships
The department aims to function as a single-window nodal body for diaspora coordination.
₹15,600-Crore Energy Joint Venture Approved
The Cabinet also cleared a massive ₹15,600-crore energy JV to support the state’s expanding power infrastructure, likely involving:
Renewable energy projects
Grid modernization
Power transmission upgrades
Public–private investment partnerships
This JV is expected to significantly enhance Rajasthan’s position as a major renewable energy hub.
200 Global Capability Centres by 2030
Cabinet Minister Rathore highlighted that Rajasthan’s new GCC policy aims to:
Establish 200 GCCs (Global Capability Centres) by 2030
Attract multinational companies
Boost technology, R&D, and analytics investments
Create 1.5 lakh high-skilled jobs in IT, finance, engineering, and support operations
This push aligns with India’s vision to grow into a $100 billion GCC industry, positioning Rajasthan as a major competitor to Bengaluru, Hyderabad, and Gurugram.
How These Decisions Boost Rajasthan’s Growth
✔ Economic development
Massive investment inflows expected through energy projects and GCC expansion.
✔ Job creation
1.5 lakh high-skilled employment opportunities for youth by 2030.
✔ Global outreach
Better engagement with overseas Rajasthanis to attract funds and knowledge.
✔ Infrastructure push
Energy JV supports sustainable power, critical for industrial growth.
✔ Investment-friendly ecosystem
New policies make Rajasthan more attractive to MNCs and diaspora investors.
FAQs
1. What did the Rajasthan Cabinet approve?
A new Diaspora Department and a ₹15,600-crore energy joint venture.
2. How many GCCs will Rajasthan set up?
The state aims to establish 200 GCCs by 2030.
3. How many jobs will be created?
Around 1.5 lakh jobs in high-skill sectors.
4. Why create a Diaspora Department?
To strengthen connections with global Rajasthanis and attract investment.
5. What is the significance of the energy JV?
It supports renewable energy expansion and strengthens power infrastructure.
Published on : 20th November
Published by : SMITA
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Source Credit: Content based on report from Press Trust of India (PTI).