CM Yogi launches unit, expected to generate  20k jobs

| | Lucknow
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CM Yogi launches unit, expected to generate  20k jobs

Wednesday, 31 October 2018 | PNS | Lucknow

Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday launched the first Rail Park (ancillary unit) of the country to be set up by the private sector and attract investments of over Rs 2,300 crore from over 50 companies. 

The park will be constructed in Fatehpur district on 254 acre land and the ancillary units will supply the goods to Modern Coach Factory at Lalganj in Rae Bareli district and is expected to generate over 20,000 jobs.

“Earlier governments in UP practised the policy of pick and choose in the matter of investment.  Our government has formulated specific policy for each sector and the system is ruled-based where any investor can avail the benefit of investing in UP and they will face no problem at any level, from acquiring land, obtaining approvals from different government agencies and regulatory bodies,” the Chief Minister said.

“The UP Investors’ Summit in February this year, followed by the groundbreaking ceremony for launch of Rs 60,000 crore projects in July, has effectively changed the profile of UP as the most favoured destination for the investors. The government will hold the next groundbreaking ceremony in December for the launch of projects worth Rs 1 lakh crore,” the Chief Minister said and added, “Earlier, investment in UP was a distant dream, but the BJP government in the past 18 months, by making strenuous efforts, has translated it on the ground.

“Selection of Fatehpur district for the first ever Rail Park by the private sector is significant as the NITI Aayog had identified eight aspirational districts that are laggards in all spheres of development. The Rail Park, along with the medical college being set up in the district, will go a long way in accelerating the development process in the district besides creating  infrastructure for health and education and creating new avenues of employment,” he said.

The Chief Minister said his government had drawn up a road map for all-round development of the aspirational districts identified by the NITI Aayog.

The eight districts identified by the NITI Aayog are Chitrakoot, Sonebhadra, Chandauli, Siddharthnagar, Balrampur, Shravasti and Bahraich.

Referring to the development of infrastructure and air connectivity in UP, Yogi Adityanath said, “In March 2017, only three airports — Prayag, Agra and Kanpur — were operating in the state and in the last 18 months of the BJP rule, the government has added 11 new airports in the state with assistance from the UDAN scheme of the Central government.”

He added that a greenfield airport would be constructed at Jewar in Greater Noida.

The Rail Park Summit is a follow-up to the announcement for setting up a rail ancillary park in UP. The announcement was made by Railway Minister Piyush Goyal during the UP Investors’ Summit held in Lucknow in February this year.

Industry Minister Satish Mahana, Union Minister of State and MP from Fatehpur, Sadhvi Niranjan, Rajesh Agarwal, Railway Board member and General Manager of Modern Coach Factory at Rae Bareli and representatives of 150 investor companies were also present in the summit.

Chief Secretary Anup Chandra Pandey said that the Rail Park would augment production capacity of existing Modern Coach Factory at Rae Bareli. The Rail Park will be developed by ABA Infratech Pvt. Ltd., Lucknow, he added. The Rail Park will have basic amenities including levelled land surrounded by boundary wall, wide roads with high mast street light, power supply, roads for light and heavy vehicles with roadside greenery, sewage treatment plant (STP) connected with well organised drainage system and overhead water tanks, CCTV, intercom, control room and guard room, health and community centre, land for police and fire stations as well.

More than 150 companies like Hindustan Fibre Glass, Jindal group, Apex Auto, Pennar Industries, Murugappa Group, Asiatic Composite, Omax Auto, Chennai Radha Engineers, Indira Industries, Alpha Nippon Innovative, Rail Tech, Duratuff Glass, Fibre Plastichem, DTL ancillaries, Monnet group etc.,  have evinced interest in making investment in the project.

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