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Lucknow:
In a bid to contribute to Prime Minister Narendra Modi’s goal to make India a USD 5 trillion economic system, the Uttar Pradesh authorities has targetted to grow to be USD 1 trillion greenback economic system, Chief Minister Yogi Adityanath stated on Monday.
“Respected Prime Minister Narendra Modi has aimed to make India a five trillion dollar economy. In a bid to help the country achieve this goal, Uttar Pradesh is also targetting to become a one trillion dollar economy. With the help of the industrial sector, we will surely achieve this goal,” Yogi Adityanath wrote on Twitter (roughly translated from Hindi).
Announcing that Uttar Pradesh has secured the second place within the nation in ”Ease of Doing Business”, the Chief Minister stated that it has been an final result of the sustained efforts of the state authorities over the last three years.
The Chief Minister was presiding over a gathering of the High-Level Empowered Committee of ”Invest UP”, previously generally known as ”Udyog Bandhu” additionally attended by State Cabinet Minister Siddharth Nath Singh, Infrastructure and Industrial Development Commissioner of UP, Alok Tandon an others.
Yogi Adityanath known as upon the industrialists, entrepreneurs, and traders to come back to the state for funding saying that “now Uttar Pradesh is the idea whose time has come.”
He stated that his authorities has come a great distance in remodeling the state into an investor-friendly place conducive to industrialisation with some proactive measures firmly in place.
“The state has strived to develop infrastructure in terms of power, road, communication, transport beside strong law and order to such an extent that it is now on the path of releasing its much-cherished dream of attaining one trillion economy status in the country while contributing to the country’s five trillion dollar economy target set by Prime Minister Narendra Modi,” Yogi Adityanath stated.
According to an official assertion, out of the Memorandums of Understanding (MoUs) value Rs 4.28 lakh crore, signed through the ”Uttar Pradesh Investors Summit -2018”, the MoUs value Rs 2 lakh crores have already come on the bottom.
“In addition to this, the Uttar Pradesh government has received over 50 investment proposals worth over Rs 7,000 crore from the investors of about ten countries which include Japan, United States, UK, Canada, Germany, and South Korea who want to shift their units from there to Uttar Pradesh,” the assertion stated.
Yogi Adityanath stated that defence, aerospace, warehousing, information centres, electrical autos, and pharma sector are a number of the rising funding centres in Uttar Pradesh.
“The state government’s ambitious project of defence corridor has potentially promised an investment of Rs 50000 crore in next two years and offers a good investment opportunity, he said while adding that the revised MSME policy and start-up policy has already given impetus to the growth potential of the state,” the assertion stated.
He stated the normal areas like electronics, IT, meals processing, dairy, textiles, tourism, and movies are nonetheless the fancied funding vacation spot whereas solar energy, bio-fuel, and civil aviation are becoming a member of these as potential funding hubs.
Talking about infrastructure improvement, Yogi Adityanath stated that Uttar Pradesh goes to have an enormous community of expressways that may criss-cross the complete nation.
“A 340-kms long Purvanchal Expressway from Lucknow to Ghazipur, 290-kms long Bundelkhand Expressway linking Chitrakoot to Lucknow-Agra Expressway, 90-km Gorakhpur link Expressway and 170-km Prayagraj link Expressway. Not only this, but the state government has also decided to construct a 600-kms long Ganga Expressway from Prayagraj to the national capital region through Hardoi, Shahjahanpur, Kannauj, and Meerut. This is going to be the longest Expressway of the country,” Yogi Adityanath stated.
“In the infrastructure, the proposed Jewar international airport in Noida will be the biggest in North India. Besides, the Kushinagar airport is also coming up which will cater to eastern UP a great deal. Besides, Noida will be developed as the biggest hub of Northern India,” he added.
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