Five-day training programme to focus on better management of public investment
Timely implementation of projects and ensuring maximum outcomes from investment are essential: Chief Secretary
Jaipur, September 2026 : With the objective of optimise of public investment, timely implementation of projects and ensuring maximum outcomes from investment, the International Monetary Fund’s (IMF) South Asia Regional Training and Technical Assistance Centre (SARTTAC) on Monday commenced a five-day training programme in Jaipur on ‘Public Investment Management–Indian States’.
Addressing the inaugural session, Chief Secretary Shri V. Srinivas said that large-scale investment is being made in public projects across the country. In such a scenario, it is crucial to ensure that projects are completed on time and that available resources are utilised efficiently so that investment generates maximum benefits for the people and the economy.
He said that the impact of public investment in the State has not remained limited to large projects alone. Continuous investment in basic infrastructure such as water and transport has improved connectivity in remote areas and helped connect people with markets and public services.
The Chief Secretary said that under Rising Rajasthan, investment agreements worth approximately Rs 35 lakh crore have been signed, of which investment proposals worth around Rs 9 lakh crore have already been grounded. He said that Rajasthan is rapidly emerging as one of the country’s major renewable energy hubs. Large-scale investment proposals have also been received in this sector under Rising Rajasthan. Referring to the Bhadla Solar Park, he said that such projects demonstrate how strategic investment in the right direction can not only accelerate economic growth but also play an important role in ensuring energy security and environmental protection.
Describing GST reforms as an important transformation, the Chief Secretary said that these reforms have helped streamline various processes and documentation. He also highlighted the increased transparency and accountability in financial transactions through the State’s Cyber Treasury, as well as the changes towards real-time payments through the treasury-based payment system under SNA-SPARSH.
On the occasion, SARTTAC Director Shri Harald Finger informed that SARTTAC is a collaborative initiative of the International Monetary Fund (IMF), member countries of South Asia and development partners. Its objective is to strengthen the institutional and human resource capacity of member countries so that they can formulate and effectively implement better macroeconomic and fiscal policies.
He informed that, along with India, Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka are member countries of SARTTAC. It is an IMF regional centre where both training and technical assistance are provided together.
SARTTAC Resident Public Financial Management Adviser Shri Stephen Turnbull, NITI Aayog Senior Adviser Shri Anurag Goyal, Special Secretary Finance (Budget) Smt. Shivangi Swarnkar, and IMF Fiscal Affairs Department experts Shri Rui Monteiro and Shri Martin D'Arcy, among other officers, were present on the occasion.
