Union Finance Minister Arun Jaitley has said investor friendly environment should be created to attract investment. Inaugurating Resurgent Rajasthan Investment Summit in Jaipur today Mr Jaitley said that corruption free system,reasonable taxation, ease of doing business are some of the basic factors required for investment. In her presidential address Chief Minister Vasundhra Raje said that MoUs worth three lakh thirty thousand crore rupees have been signed under Resurgent Rajasthan Investment Summit which will generate two lakh fifty thousand jobs in the state.Union Minister for Chemicals and fertilizers Ananth Kumar announced a new campus of the National Institute of Pharmaceutical education and Research at Jhalawar. He also declared up-gradation of the CIPET institute at Jaipur. He also promised to set up plastic park in Bhiwadi and medical devices park in the state.Union Minister for Urban development and Housing M. Venkaih Naidu said that Rajasthan was the first state to sign MoUs for promoting affordable housing projects with private and public sector companies. he said development of the country broadly depends on development of state. On this occasion Governor of Rajasthan Kalyan Singh . Singapore Home Minister K. Shanmugam, Minister for investment and trade South Australia Martin Hamilton Smith ,Ambassadors In India of Japan and Italy ,Union Ministers Suresh Prabhu, Rajev Pratap Rudy, Sanwarlal Jat and Rajyavardhan Singh Rathore , Senior Bureaucrats and Doyen of industry were present.