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The Centre opened its purse strings for development of Jharkhand during the maiden global investors’ summit (GIS) in Ranchi, assuring it would spend `55,000 crore on its road projects alone, besides making huge investments in city development, power and textile sectors. The announcements came from the Union ministers who attended it on Thursday.Minister of road transport and highways of India, Nitin Gadkari said, “We will spend `50,000 crore to increase road connectivity and highways in Jharkhand in the next two and a half years. Work of `5,000 crore on road development is already on in the state,” Gadkari said, adding, “`2,000 crore is also proposed to construct a bridge across the Ganga river at Sahibganj to link Manihari”.He said the Centre will also help to complete the under construct Ranchi-Jamshedpur four lane road by spending `1,000 crore through NHAI. “38.80% works of the road has been completed so far and it will go to 50% in two months,” Gadkari assured.Jharkhand will also be benefited by the1630km inland waterways project from Varanasi to Haldia. Ganga has around 50-km stretch in Jharkhand.“A multi-modal hub on the Ganga with railway, road and water connectivity is coming up at Sahibganj, which will boost export. Jharkhand could import fertilizers and chemicals at low transport cost from Haldia,” said Gadkari. These projects will generate huge employment in Jharkhand, he added.The minister of state with independent charge for power, coal and renewable energy and mines, Piyush Goyal announced that 30 new mines of Jharkhand would go up for auction this year. “Jharkhand has low cost land and power. It will soon have a dedicated park for manufacturing solar power equipments,” Goyal said.Union textile minister Smriti Irani launched ‘Bunkar Samwardhan Sahayata Yojna’ to aid weavers with support and up to 90% subsidy to differently abled persons. “Jharkhand is the Tasar capital of India and now it has found market in different countries of the world like UK, USA, Germany, Australia and Switzerland,” Irani said, promising Centre’s help to develop its silk and textile sector.Union urban development minister Venkaiah Naidu invited private players to invest in infrastructure development projects in seven cities of Jharkhand under AMRUT scheme on publicprivate-partnership (PPP) mode. “Ranchi’s smart city is India’s first Greenfield smart city project. Private companies could join hand in development of smart city here,” he said.