Barabanki receives investment proposals worth Rs 867.2 cr

Published on: 

Taking initiative to encourage investors at the district level ahead of the Global Investors’ Summit-2023, Barabanki has set an example by receiving investment proposals worth Rs 867.2 crore. Now efforts are being made by the district administration on a war footing to bring the investments on the ground.

A help desk has been set up by the officials at the Industry Promotion and Entrepreneurship Development Centre, which serves as a facilitation cell to contact the investors, solve their problems and provide them all necessary assistance. The entrepreneurs have appreciated this move of the Barabanki district magistrate to attract investments.

The Barabanki district administration had signed memorandums of understanding (MoUs) worth about Rs 867.2 crore through the Investors’ Summit held on December 19, exceeding the target set in this regard. Greatly impressed by the initiative of Barabanki district, Chief Minister Yogi Adityanath has now ordered to organise investment meetings at the local level in all districts and departments as well.

District Magistrate Avinash Kumar said that so far the Industries department had received proposals from 53 firms for investment in the district, of which 50 MoUs were signed during the summit. He said that continuous monitoring of the help desk was being done under the leadership of Deputy Commissioner of the department, Shivani Singh.

Assistant Commissioner Alok Singh has been appointed as the nodal officer for the smooth functioning of the help desk. The help desk officials are assigned the task of calling investors to hear their problems and noting them down along with gathering information related to investment. Then, after discussing the related problems with the higher officials, the investors are informed about its solution.

The department is currently understanding the needs of the investors through the help desk. Three phone numbers -- 05248297051, 9452063464 and 9936246007 -- have been given for the help desk.

The deputy commissioner said that for the first time a WhatsApp group had been created, linking other department officials and investors with the department, so that investors could share their views on the group as well. The main objective behind this is to expedite resolution of problems that an investor might be facing.

He added that in the initial stage, most entrepreneurs were getting information about the land. A committee has been formed under the leadership of the district magistrate, which is conducting a survey to make land available to the investors in the district at a lower rate. Besides, the investors have also been asked to inform the department if they have information about 50 to 70 bighas of land at their level, so that the investment proposal can be implemented at the earliest.

On the other hand, the district magistrate has asked the entrepreneurs to complete the necessary procedures for starting the enterprise at the government level as soon as the land is made available to them.

Daily Pioneer
dailypioneer.com