Security beefed up in Ranchi for Investors Summit

Ranchi, Feb 15 (IANS) Security has been beefed up here from Wednesday for the next three days in view of the two-day Global Investors Submit (GIS) beginning from Thursday.

"Several administrative decisions have been taken considering the GIS. Prohibitory orders under section 144 of CrPC have been imposed in the city so that dharnas or demonstrations do not happen. The traffic rules have been changed and buses for long distance will not ply from the existing Khadgada bus stand. A temporary bus stand has been made near BIT roundabout of Ranchi," a district administration source told IANS.

Jharkhand is holding the Global Investors Summit for the first time. According to government officials, top industrialists like Ratan Tata, Kumarmangalam Birla and Gautam Adani, among others, will participate in the investors meet.

While central ministers like Arun Jaitley and Nitin Gadkari will participate in the event, Prime Minister Narendra Modi will address the investors meet through video conference on Thursday.

More than 5,000 security personnel have been deployed in Ranchi. Jharkhand has made special arrangements for the top-notch industrialists some of whom have been accorded state guest-level honour.

The government has spent more than Rs 150 crore to give Ranchi a facelift and for branding of the event.