The government has no hesitation in fulfilling the commitments made to investors: CM

Lucknow : Taking a swipe at the opposition, Chief Minister Yogi Adityanath stated on Friday that those who once considered investing in Uttar Pradesh an impossible task should now recognize how his government has turned that impossibility into reality.

The Chief Minister distributed incentives worth Rs 1,333 crore to 32 industrial units and Letters of Comfort to 10 industrial units for investment of over Rs 4,500 crore in a program organized at Lok Bhavan.

During this, he said, “Before 2017, UP was plagued by chaos, anarchy, and crime due to the narrow-minded approach of the previous government, which lacked vision. But today, the state enjoys the rule of law and has created a favorable environment for investment, making Uttar Pradesh India’s dream destination for investors.”

He highlighted the success of the Global Investors Summit held in February 2023, where the state received investment proposals exceeding Rs 40 lakh crore. “Of this, proposals worth over Rs 10 lakh crore have already been realized through the Ground Breaking Ceremony,” he added.

The CM criticized the previous administration for its handling of law and order, stating that the state was plagued by daily riots and extended curfews, leaving residents, including the capital, unsafe. He noted that under the previous government, the youth faced an identity crisis.

In contrast, CM Yogi highlighted the significant improvements in Uttar Pradesh under the current administration and the guidance of PM Modi. He pointed out that the state has made strides in both ease of doing business and ease of living. He also detailed the implementation of 27 sectoral policies in Uttar Pradesh, developed with input from stakeholders. He emphasized that these policies were crafted with consideration of valuable suggestions while adhering to governance parameters.

The Chief Minister said that the state government has deployed 125 CM Fellows across the state to address entrepreneurs’ issues in collaboration with the Industrial Development Department. Emphasizing a zero-tolerance policy towards crime, criminals, and corruption, he assured that the government is committed to fulfilling its promises to investors.

“Our government has no hesitation in implementing the commitments it has made to investors. Under the policy of governance, the double engine government will break all barriers to provide convenience to investors,” he said.

He highlighted that Uttar Pradesh is positioned as a growth engine for India’s development in alignment with PM Modi’s vision of a developed India by 2047.

CM Yogi said that if industry and institutions join hands, then an excellent platform for skill development is created. He encouraged entrepreneurs to leverage these connections to access skilled manpower. He also mentioned that under the PM and CM Incentive Scheme, the government will provide half of the honorarium to youth engaged in skill development.

He said that the government has taken forward the process of setting up the new industrial city of BIDA between Jhansi and Kanpur in 36000 acres of land. He also mentioned the construction of an international airport in Jewar, with the promise of providing similar facilities in BIDA once the city is established.

CM Yogi further mentioned that the State Capital Region is being formed by connecting Lucknow and its surrounding 6 districts. He emphasized that electricity is now available in all 75 districts of Uttar Pradesh without discrimination and industries have been granted open access to energy, including renewable sources. He also noted significant improvements in the state’s infrastructure over the past seven and a half years, highlighting enhanced expressway, highway, and air connectivity.

During the program, Finance and Parliamentary Affairs Minister Suresh Khanna, Industrial Development Minister Nand Gopal Gupta ‘Nandi’, Minister of State Jaswant Singh Saini, Minister of State for IT and Electronics Ajit Pal, Chief Secretary Manoj Kumar Singh, Principal Secretary Industrial Development Anil Sagar, investors and other dignitaries were present.

The establishments which received incentives included Omex Autos Ltd., Ambuja Cement Ltd., Jindal Solution Ltd., Visaka Industries Ltd., UAL Uttar Pradesh Sparsh Industries Pvt. Ltd., Suyash Paper Mill, Mangalam Cement Ltd., Parle Agro Pvt. Ltd., Vrindavan Agro Indus Pvt. Ltd., CP Milk Products Pvt. Ltd., RLJ Concast Pvt. Ltd., Birla Corporation Ltd., Alpha Milk Food Products Pvt. Ltd., Mahan Milk Food Products Ltd., Varun Beverages Ltd., Ecoplus Steels Pvt. Ltd., Samsung Noida, Varun Beverages- Hardoi, Shree Cement- Bulandshahr, Gallant Ispat Ltd.- Gorakhpur, RCCPL- Raebareli, Paswara Papers, Sparsh Industrial Pvt. Ltd.- Kanpur Dehat, LG Electronics- Noida, Shri Gang Industries & Allied Products, JK Cement, Samkwang India Electronic Pvt. Ltd., Lava International Ltd., K.H. Watech India Pvt. Ltd., Samsung Display Noida Pvt. Ltd., HCL IT City, Lucknow Pvt. Ltd.

The establishments which received Letter of Comfort included Shree Cement North Pvt. Ltd., Balaji Wafers Pvt. Ltd., Banaskantha District Co-operative Milk Producers Ltd., RACL Geartech Ltd., ITC Ltd., Ethi Mauri India Pvt. Ltd., CP Milk & Food Products Pvt. Ltd. Plant-3, Gorakhpur Asian Paints Ltd., Ashok Leyland and Kajaria Ceramics Ltd.