Addressing the inaugural ceremony of the global investor summit (GIS 2023) on Friday in Lucknow, UP Chief Minister Yogi Adityanath said that whatever UP’s achievement in the last six years is based on the PM Narendra Modi’s mantra of ‘reform, perform and transform. The mantra resulted in the transformation of the neglected areas of Purvanchal and Bundelkhand, which also drew an investment of Rs 9 lakh crore and Rs4.28 lakh crore respectively.
Chief minister Yogi Adityanath also said that Uttar Pradesh is ready to play the country’s growth engine, announcing that the state government has signed 18,643 MoUs worth Rs 32.9 lakh crore under the ongoing Global Investors Summit which he described as the ‘Mahakumbh’ of investment.
Western UP got the massive share of 8,389 MoUs worth over Rs 14.81 lakh crore, which is 45% of all investments. The eastern part of the state comes second with 5,406 MoUs worth over Rs 9.54 lakh crore (29%), while central UP bagged 4,424 MoUs worth over Rs 4.27 lakh crore (13%) and the Bundelkhand region got 424 MoUs worth Rs 4.27 lakh crore (13%). The investments, when implemented, will create 92.5 lakh job opportunities in the state, he said.
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The CM also said that UP has achieved a significant rank in ‘ease of doing business’ while the state had also managed to double its exports during the same period. “Known as the food basket of India, UP ranks first in the production of many commodities including food grains, milk and sugarcane,” the CM said.
He also urged industrialists to participate in UP’s growth story, on its way to becoming a US$ 1 trillion economy.
