Second UP Investors Summit
Minister for Home Affairs Amit Shah has laid the foundation stone of over 250 projects worth Rs.65,000 crores in Lucknow on 28 July 2019 at the Second Ground-Breaking Ceremony of the UP Investors Summit.
Shah congratulated the Uttar Pradesh Government, led by Chief Minister Yogi Adityanath, for working at an amazing pace to materialize the proposed investments during the 1st Ground-Breaking ceremony inaugurated last year.
He said that when the proposed investments worth Rs.4.68 lakh crores fructify on ground, UP would become a US$1 trillion economy and a leading state in generating employment opportunities.
A quarter of these MoUs have already materialized on ground in the very first year, which is a major achievement of the state government, he added.
Shah said that in the 14th Finance Commission, UP government received over Rs.8.8 lakh crores from the Central funds for development works, which was a significant jump from the previous allocation.
Shah assured the investors that not only the state Government, but the Union government is also committed to see all investments in UP fructify on the ground.
Within next 5 years UP will be on the top in ease of doing business rankings and socio-economic development profile among the states in India.
Addressing the gathering, Yogi Adityanath assured the global investors that the UP Government would facilitate ease of doing business and security of investment.
The held sessions on food processing, defence and aerospace manufacturing, electronics manufacturing, tourism and film, electric mobility, power and renewable energy as well as CEO Round Table. fiinews.com
