CM asks DMs to submit report on investments

| | Lucknow
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CM asks DMs to submit report on investments

Sunday, 24 September 2023 | PNS | Lucknow

As part of the preparations for the groundbreaking ceremony (GBC), Chief Minister Yogi Adityanath has issued a directive to all district magistrates asking them to submit investment-related reports within a month.

He has also instructed all the district magistrates and divisional commissioners to hold investment-focused review meetings and fix accountability at every level so that a large number of investment projects can be implemented through GBC.

Notably, Uttar Pradesh garnered investment proposals exceeding Rs 36 lakh crore during Global Investors’ Summit, 2023. Throughout this period, investors expressed keen interest in investing in all 75 districts of the state.

In a high-level meeting, the chief minister has directed all district magistrates and divisional commissioners to focus on providing land through land banks for investors. He emphasised the need to make GBC as grand as GIS-23 and instructed them to work with utmost transparency and end the pendency at the earliest.

The chief minister stated that the current environment in the state is the best for investments. Even smaller districts like Mirzapur, Kasganj, Maharajganj, Sant Ravidas Nagar, Balrampur, Hathras, Ayodhya, Gonda, Barabanki and Sultanpur have received big investment proposals.

In view of the proposals, the chief minister has instructed officials to hold one-on-one meetings with all investors and address issues or investment barriers, if any.

Additionally, all district magistrates have been instructed to submit investment-related reports to the Chief Minister’s Office within a month. The chief minister said that he would personally review the report. During this process, the chief minister also stressed taking strict action in cases of negligence.

During the meeting, officials presented a report to the chief minister regarding Section 80 (conversion of agricultural land to non-agricultural land), which showed a rapid increase in applications to convert agricultural land to non-agricultural land after GIS-23.

So far, 42,706 applications have been received from various districts of the state. Out of these, 85 per cent of the total applications have been processed, accounting for 36,327. Currently, there are 6,388 pending applications. Among these, 1,224 pending applications fall within the 45-day time limit, while 5,121 pending applications are beyond the time limit.

Similarly, investors have submitted 1,017 application letters through Nivesh Mitra portal. Out of these, 89 per cent of the total applications have been processed, accounting for 904 applications.

There are 113 pending applications, with 104 of them falling within the time limit while nine pending applications are beyond the time limit. Of these, two applications are pending in Kushinagar, one each in Bahraich, Barabanki, Bulandshahr, Lucknow, Shravasti, Siddharthnagar and Sitapur.

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