Rajat Sharma, Chairman and Editor-in-Chief of India TV.
In the ongoing UP Global Investors Summit (Global Investors Summit) in Lucknow, the state government has received large scale investment proposals which is a good sign for the people of UP. Chief Minister Yogi Adityanath announced at the summit that his government has already signed 18,643 MoUs worth Rs 32.92 lakh crore.
The amount of investment in UP can be gauged from the fact that the budget presented by Finance Minister Nirmala Sitharaman in the Parliament is Rs 45 lakh crore, while the total receipts other than borrowings are Rs 27.2 lakh. crores have been estimated.
Yogi Adityanath expects that 92 lakh job opportunities will be created if the investment proposal is implemented. Reliance Industries Chairman Mukesh Ambani promised to invest Rs 75,000 crore in UP in the next five years. He said, “Through Jio communication, retail and renewable energy business, their companies will invest Rs 75,000 crore and create more than one lakh jobs.” Ambani said, ‘The golden era of UP has begun. Just as India has emerged as a center of hope for the whole world, in the same way UP has become a center of hope for India.
Aditya Birla Group Chairman Kumar Mangalam Birla promised an investment of Rs 25,000 crore. He referred to the fact that Prime Minister Narendra Modi had said in his speech, ‘UP plus Yogi, bahut hai ab usutya’. Kumar Mangalam Birla said that Uttar Pradesh has been transformed in the last six years under the leadership of Yogi and the guidance of PM Narendra Modi. Tata Sons chairman N. Chandrasekaran said that Air India has a big plan to connect every part of UP with the rest of India, cities of UP have the potential to connect to important destinations of the world.
Addressing the investor conference, PM Modi said that Uttar Pradesh was once a Bimaru (Bihar, MP, Rajasthan, UP) state. Due to large scale crime, this state was going backward. But the law and order situation has improved over the years and the state has emerged as an engine of development. Modi said, ‘If India is the bright spot for the world today, then Uttar Pradesh is the state which is giving pace to the country’s development.
Modi said that today UP has every quality that has the ability to make it an economic superpower. He said that the population of UP is more than that of many big countries. UP has a big market, man power, skilled labor and facilities are also being provided by the government for setting up industries. At the same time, UP Chief Minister Yogi Adityanath has pledged to take the state’s economy to one trillion dollars in the coming years.
Former Chief Minister Akhilesh Yadav was in Kashi when the investor conference was going on in Lucknow. When Akhilesh Yadav was questioned in this regard, he said what he has been saying. Akhilesh said that bringing investment is not in the capability of CM Yogi. He accused the Yogi government of making false claims and said that crime has increased in UP. The investment summit is just for show and publicity. Akhilesh said that Yogi is stingy and he is not going to give any concession to the industrialists. When industrialists do not get incentives, they will not invest either. Several MoUs have been signed with companies running in one room.
UP Deputy Chief Minister Brajesh Pathak replied to Akhilesh Yadav. He said that UP has now moved beyond the hooliganism and anarchy that happened during the Samajwadi Party government. From law and order to infrastructure and connectivity, a lot of work has been done. Pathak said that now ‘no one can stop UP from developing’.
This is the 4th Global Investors Summit in UP. Investment proposals worth about 32.92 lakh crore have come in this. If Rs 32.92 lakh crore is invested in UP, then the state will be rejuvenated. The determination and determination with which Chief Minister Yogi Adityanath is working and the kind of positive things big industrialists are saying about UP, it gives hope that UP will definitely become a favorite destination for investors. ,Rajat Sharma,
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