The UP government has so far signed 900 MOUs with different industrial groups for investment ahead of the two-day Rs UP Investors Summit, 2018’ in lucknow from February 21. The amount of investment involved in the MOUs is likely to be known after the Summit. The sectors for which MOUs have been signed are agriculture and food processing sector, tourism, dairy industry, information technology and MSME.
Prime Minister Narendra Modi will inaugurate the event while President Ram nath Kovind will be the chief guest on the concluding day. As many as 16 Union ministers including Finance minister Arun jaitely, Union Hone minister Rajnath Singh, Railway minister Piyush Goel, Commerce and Industry minister Suresh Prabhu and Surface Transport minister Nitin Gadkari will participate in the event.
State Industries minister Satish Mahana said on Monday that the aim is the Rs fusion of efforts of Chief Minister Yogi Adityanath and dreams of Prime Minister Narenadra Modi’ for making Uttar Pradesh a frontline state.
Asked about additional load on existing power transmission and distribution network, Mahana said,”There is no dearth of power in the state and UP Power Corporation will cope with demand.” On the requirement of land, the minister said, Rs Rs We have a sizeable created a land bank across the state.’’
“The actual challenge for the government and various agencies under Industries department will begin after the Summit as we will have to deliver on MOUs signed. Within a defined timeline, investors have to be provided land and approval from different central and state agencies at one window to ensure that the investment starts taking place as soon as possible,’’ said Mahana.
Earlier, briefing about various sessions during the Summit, Industrial Development Commissioner (IDC) Anup Chand Pandey said that on the first day, session on defence manufacturing will be attended by Defensce minister Nirmala Sitaraman and Chief minister Yogi Adityanath.
“Under the ‘Make In India’ scheme, the state government wants to promote defence manufacturing units in the state and the session will be on identifying defence manufacturing corridor. A proposal is under state government’s consideration to give special incentives to manufacturing units and it would soon be placed before the cabinet,’’ said the IDC.
Pandey said that on the first day, there will be 15 sessions of 1 to 2 hour duration and top experts were invited to speak on propelling infrastrure development of the state. He said that Union Commerce and Industry minister Suresh Prabhu and Surface Transport minister will be present in the sessions.
Union minister of state for MSME Giriraj Singh will attend the session on MSME in UP and Union Telecom minister Manoj Sinha will be present in the session Rs Rise of electronic sector in UP’. Union minister of state for Energy RK Singh will attend the session on renewable energy.
The other Union ministers likely to be present atthe Summit and participate are Union Textile minister Smriti Irani, Minister of state for health Anupriya Patel, Minister of state for environment change Mahesh Sharma, IT minister Ravi Shankar Prasad and Civil Aviation minister P Ashok Gajpati Raju.