Jharkhand is a state with vast possibilities. In this episode, the government is making constant efforts to connect the industrial and business activities here with the country and the world. Chief Minister Hemant Soren said these things while laying the foundation stone of World Trade Center in the core capital area of ​​Ranchi today. He said that all the activities related to international trade especially export promotion will be conducted under one roof in the World Trade Center. This center will play an important role in strengthening the economic activities here.

The Chief Minister said that Jharkhand is a state rich in minerals. Here coal- from iron to uranium is available in abundance. Because of this industrial activities have been going on here for decades. Industries and companies of many industrial business group including Tata, Birla and Dalmia are established here. The builder of the country's industries and world famous as 'Mother Factory', HEC is in this Ranchi. The state has now stepped up to provide all facilities related to trade-export to these industries through the World Trade Center. Now these steps will not stop but will move forward continuously.

The Chief Minister said that strengthening the rural economy is one of the special priorities of the government. In the rural environment here, people are involved in various activities. Many schemes have been started in the direction of taking them forward. In this regard, products made by women self-help groups have been brought in the market through the Palash brand. These products are available in big malls and shopping complexes. The government is working with a target to increase the turnover of Palash brand to one thousand crore rupees annually.

The Chief Minister said that Jharkhand has a lot of potential in the field of forest products. So far it has been seen that due to lack of market for local products, people sell them at very low prices. At the same time, big companies of other states are buying these products and selling them at expensive prices in our own state. The government has taken this very seriously. Now the government is making an action plan in this direction to get direct benefit of the forest and other products to the growers.

The Chief Minister said that a large number of children from rural areas of the state migrate to other states for employment. There they are exploited. We have come across many such cases. The government is working to connect many girls taken hostage to employment by releasing them. The villagers should not migrate here for the sake of employment. The government is making continuous efforts in this direction to ensure that they get employment in their own homes.

The Chief Minister said that from Agro Food Processing, Handloom, Handicraft and Tasar to Textile Industry, there is continuous expansion. Due to this, a large number of young men and women are getting employment here. In this direction, along with big industries, the government is working towards providing assistance to small, medium and small-scale industries. Apart from this, grant-based loans are being made available under the Chief Minister's Employment Generation Scheme to promote self-employment.

The MoU was signed between JUDCO and SIDBI at the Foundation Stone Laying Ceremony of the World Trade Center. Through this, assistance will be provided by SIDBI to develop industrial infrastructure and set up industries in the state. On this occasion, 515 beneficiaries were given capital of about one crore 87 lakh rupees for seed capital assistance under PMFMI scheme.

All the facilities related to international business will be available in the same premises in the World Trade Center.

This center will have the regional office of the Directorate General of Trade and the offices attached to the Export Council of India. Apart from this, space will be provided for companies involved in import-export. From currency exchange to money transfer facilities will be available here.

The construction of the World Trade Center will be done in collaboration with the Central and State Governments. It will be built in 3.45 acres of land. Its total project cost will be 44.59 crores.

- Here companies doing international business will also be made available for display and promotion of their products.

Exports of agricultural and food products, textiles, tasar products and engineering goods will be encouraged in the World Trade Center.

The construction of the World Trade Center will be completed in 2 years. There will be multipurpose conference room, seminar hall, import-export bank and many more facilities.