Chief Minister Yogi Adityanath reiterated his commitment to safeguarding the interests of investors coming to Uttar Pradesh and assured them of all possible help by his government.
Addressing the third groundbreaking ceremony (GBC-3) in the presence of Prime Minister Narendra Modi in Lucknow on Friday, the chief minister assured that not only would the investors' interests be protected in the state, but they would also get protection.
He expressed his gratitude to the investors during the foundation stone laying and bhoomi pujan function of 1,406 industrial projects worth Rs 80,224 crore.
Yogi said that the National Democratic Alliance government had completed eight years in office under the leadership of Narendra Modi during which the country achieved new heights in every sphere of life.
"In February, 2018, the prime minister inaugurated the first Investors' Summit of Uttar Pradesh in Lucknow and at that time investment proposals worth Rs 4.68 lakh crore were received. In the last five years, memorandums of understanding (MOUs) worth Rs 3 lakh crore have been translated on the ground and industrial units are in various stages of completion” he said.
Yogi said that the GBC-3 included new projects worth more than Rs 80,000 crore in data centre, agriculture and allied sector, information technology and electronics, infrastructure, handloom and textile, MSME etc.
"This investment will lead to creation of five lakh direct and 20 lakh indirect jobs. UP is becoming the second largest economy of the country due to the prime minister's mantra of 'Reform, Perform, Transform'," he said.
“UP has moved from being the country's sixth largest economy to the second biggest and the state is today at second place in Ease of Doing Business with a remarkable jump of seven places in the LEADs (Logistics Ease Across Different States) index report, 2021. UP has also succeeded in increasing its exports to Rs 1.56 lakh crore annually by implementing schemes like One District, One Product while promoting traditional industry,” the chief minister said.
Speaking on his government's efforts, Yogi said, "UP had implemented Industrial Investment and Employment Promotion Policy in 2017. Also, work was done to take forward 20 investment-friendly sectoral policies on the lines of entrepreneurship, innovation and 'Make in India'. More than 500 reforms were carried out in labour, land allotment, property registration, and environmental approval. Besides, 1,400 compliances of 40 departments were abolished and online services were provided through a single window system."
The chief minister said that Purvanchal Expressway was inaugurated by the prime minister in November, 2021 and Bundelkhand Expressway would be opened for traffic this month while two of six nodes of Defence Manufacturing Corridor project -- Jhansi, Chitrakoot -- were in this region.
"In Bundelkhand and Vindhya region, we are working on a war footing to supply pure drinking water from house to house through Har Ghar Nal Yojana," he pointed out.
Yogi further said Uttar Pradesh could now boast of having five expressways. "Apart from this, three international airports are functional in UP. After the construction of Jewar airport and Maryada Purushottam Shri Ram International Airport at Ayodhya, UP will be the only state with five international airports. Also, the national waterway is being operated from Varanasi to Haldia.
Recalling the cooperation from the Centre during the COVID-19 pandemic, the chief minister said, "UP government was able to protect the lives and livelihoods during the period while netting investment proposals worth Rs 66,000 crore in that period.”