Sarabjit Kaur
Uttar Pradesh chief minister Yogi Adityanath on Wednesday said that the UP Investors’ Summit 2018 was an attempt to establish the state among the developed states and its focus areas include micro, small and medium enterprise (MSME), handloom and textile, start-ups, IT, food processing, electronic manufacturing, films, tourism and civil aviation.
The state has signed 1,045 pacts worth Rs 4.28 lakh crore on the first day of the summit, the chief minister said.
“It is a matter of pride for the state that fortune 500 companies are participating in this summit. I want to tell you all that till now we have signed 1,045 memorandums of understanding (MoUs) worth Rs 4.28 lakh crore. I have recently presented budget of Rs 4.28 lakh crore and the figure of MoUs signed is the same … We are heading towards new UP,” Adityanath said while addressing the summit.
He said that he would himself oversee that the MoUs signed are executed and those who are coming to invest in the state get all the facilities.
“I welcome all the guests including industrialists. With PM’s guidance and blessings, UP is heading towards development and shedding its Bimaru tag. We are trying to become developed. PM’s guidance helps us in good governance and taking the state on path of development,” he said.
Stressing that the state was providing basic needs for investments like law and order, infrastructure, power and roads, he said he would ensure an administrative setup which will be transparent and answerable.
Prime Minister Narendra Modi today announced a Rs 20,000-crore defence industrial corridor in Bundelkhand for development of one of the most backward regions of Uttar Pradesh and said that the Yogi government has pulled the state out of prevailing negativity.
“Of one of the two defence industrial corridors mentioned in the budget, one is proposed in the Bundelkhand region of the state which will bring an investment of Rs 20,000 crore and generate employment avenues for 2.5 lakh people,” the prime minister said after inaugurating the UP Investors Summit 2018 in Lucknow.
“Keeping in mind the development of Bundelkhand, the government has decided to extend the Uttar Pradesh’s defence corridor to Agra, Allahabad, Lucknow, Kanpur, Jhansi and Chitrakoot,” Modi said.
“In UP’s economy, MSMEs have a major role …. After agriculture, MSME sector offers the highest possibility of employment,” he said ,adding that there are 50 lakh MSMEs operational in the state which have also earned the state name at the national and international level.
“We are happy that keeping this important fact in mind the state government has brought one district-one product policy, this could be a game changer, he stressed.
(With PTI Inputs)
