Ranchi, Feb 23 (KNN) In order to ensure that the investments announced during Momentum Jharkhand turns into reality, State Chief Minister Raghubar Das has announced a Jharkhand Investment Board (JIS) to fastrack the progress of MoUs.

The government signed a total of 210 MoUs worth `3.04 lakh crore during GIS, many of which was in the MSME sector.

The companies proposed major investments in sectors like mining, urban development, power, higher education and skill development. The investments are expected to generate at least six lakh jobs.

 The chief minister will be the chairman of the JIS, while chief secretary will hold the post of vice-chairman. Principal Secretaries and Secretaries of all departments will be members of the proposed board.

The chief minister will take stock of the progress of the MoUs while the chief secretary will hold weekly review meeting for instant solution of the problems in way of implementation of the proposals, Das said.

“Of the 210 MoUs signed during the GIS, 172 of them will materialise within the year and we are committed to that,” Das said.

Das said, a nodal officer would be appointed in every department for quick implementation of MoUs.

“District industrial centre will also be set up in every district on line of single window system. An official of the industry department will be nodal officer of the Centre, which will work as coordinator between investors and departments concerned,” Das said.