Rajasthan Establishes Urban Improvement Trust in Balotra for Planned Development
Category | Details |
---|---|
Event | Urban Improvement Trust (UIT) for Balotra established by Rajasthan government. |
Announcement | Announced in the 2025-26 state budget. |
Background | Balotra designated as a new district carved out of Barmer. |
About UIT | Statutory body under the Rajasthan Urban Improvement Act, 1959. |
Objectives of UIT | Promote planned townships and industrial corridors, enhance urban governance, attract investments. |
Significance of UIT in Balotra | Focus on planned urban growth, infrastructure development, and decentralised urban governance. |
Balotra's Industrial Growth | Home to one of India's largest textile clusters, rapid industrial growth. |
Textile Industry in Rajasthan | Fourth-largest cotton-producing state in FY 2023, known for Bandhani, Leheriya, Kota Doriya. |
Textile Center | Bhilwara known as the "Textile City of India." |
Investment Summit | Rising Rajasthan Global Investment Summit, 2024 held in Jaipur with the theme "Replete, Responsible, Ready." |
Summit Highlights | Focus on sustainable mining, water security, and women-led startups, participation from over 32 countries. |