Ritika
Chief Minister Yogi Adityanath.
Photo: amar ujala
Expansion
Determined to raise investment of Rs 17 lakh crore through Global Investor Summit, Chief Minister Yogi Adityanath has presented another example of his visionary thinking and his vision to take the state towards progress. Chief Minister Yogi has already received investment proposals worth about Rs 15 lakh crore a month before the Global Investors Summit. The biggest achievement is that by January 10, 2023, the government has also signed MoUs worth about Rs 10 lakh crore. This is the same amount that was earlier targeted for the Global Investors Summit 2023. However, after the excellent response received abroad, the target was increased from Rs 10 lakh crore to Rs 17 lakh crore. Right now road shows/investors summits are yet to be held in various cities of the country and divisional headquarters of the state and in many districts. Looking at this, there is every possibility that the state government will completely achieve the revised target and create history. It is worth mentioning that Chief Minister Yogi Adityanath has resolved to make UP a $1 trillion economy in the next five years by making concerted efforts to make the state the country’s growth engine as per the intention of Prime Minister Narendra Modi. Global Investors Summit is being organized to fulfill this goal.
Two departments crossed the figure of one lakh crore
After the stupendous response received by the delegations of UP in the road shows held abroad, new targets were given by the state government to all the departments to garner investment. According to the information received, till January 10, the government has signed MoUs worth Rs 9.10 lakh crore. Two departments of the state government received the maximum investment through MoUs. Department Additional Sources of Energy had got a target of investment of 60 thousand crores, but the department has signed MoUs worth more than 1.73 lakh crores, three times more than the target. Similarly, UPCIDA had got a revised target of Rs one lakh crore and has succeeded in signing MoUs worth more than one lakh crore.
MoUs have been done in 23 sectors
A total of 37 sectors were identified for investment by the government. Of these, MoUs have been signed in 23 sectors. Till January 10, the tourism department has signed MoUs worth more than 38 thousand crores. He was given a target of 40 thousand crores. Similarly, the Energy Department has signed MoUs worth more than 75 thousand against the revised target of one lakh crore. Yamuna Expressway Industrial Development Authority (YEIDA) has secured investment MoUs worth more than 57 thousand crores against the revised target of 80 thousand crores. The IT and Electronics Department was given the highest target of 1.60 lakh crores, for which it has so far obtained agreement on MoUs worth 97 thousand crores. MSME has secured MoUs worth Rs 55,000 crore and handloom and textile have also secured MoUs worth Rs 27,000 crore. IIDD has also received MoUs worth 53 thousand crores.
More than 7 thousand MoUs have been signed
According to the dashboard of Nivesh Sarathi portal, the state government has received more than 8 thousand investment proposals. Out of this, the state government has been able to convert more than 7 thousand into MoUs. Through these MoUs, 10 crore new employment opportunities are likely to be created in the state. Still more than 1400 investment proposals are in progress, whose total cost is Rs 3.76 lakh crore. If these proposals are also converted into MoUs, then more than 20 lakh employment opportunities will be created.
Target being simplified with precise roadmap
When the target of 10 lakh crores was set by the Yogi government for the Global Investors Summit, then many people found this target too high. However, Chief Minister Yogi Adityanath was confident that under his leadership, the major changes made by the government in all sectors, including the state’s infrastructure and law and order, would be seen in the form of big investments. His belief was completely correct and not only the country but foreign investors are also excited to invest more and more here, considering Uttar Pradesh as the most suitable and safe destination for investment. Chief Minister Yogi Adityanath prepared a roadmap with a strategy to reach this goal and following it, the state government has not only achieved that goal but has now taken steps towards achieving the new revised target as well. As per this roadmap, road shows were conducted in selected cities of selected countries. Along with the big cities of the country, investors’ summits are now being organized in divisional headquarters and in each district and department.
