Sunday, 18 November, 2018

Chief minister Yogi Adityanath wins round 1, real test begins

Uttar Pradesh Investors Summit 2018 Narendra Modi lauds Yogi Adityanath govt for rolling out red carpet for investors Chief minister Yogi Adityanath wins round 1, real test begins
Melinda Barton | 23 February, 2018, 05:45

Addressing the gathering at the Uttar Pradesh (UP) Investors' Summit here, Jaitley said any state possessing the capacity to build infrastructure employment and buzzing economic activity becomes an attractive destination for investors.

During the summit, the state government had signed 1,045 memorandums of understanding (MoUs), worth Rs 4.28 lakh crore, he said, adding that these would generate more than 33 lakh jobs in the state. "Investors see what is the speed and direction of decisions".

"The Chief Minister by taking tough decisions by implementing Ease of doing business and has been relentless in toning up the law and order in UP which were pre-requisites for attracting investment to the State". "The direction in which you (Yogi Adityanath) are taking the state, I feel that I will help the state".

Promising all possible facilities to the investors, who would show interest in the defence corridor, the CM said his government will come up with a new policy in this regard.

The investors are delighted due to the activeness of the UP government. "As many as 32 parallel sessions took place at the summit", Adityanath said.

The Minister informed that presently 500 coaches were manufactured in this factory every year and the ministry was targeting to double this by next year.

The corridor, which he said, would pass through Agra, Aligarh, Lucknow, Kanpur, Chitrakoot and Jhansi, would boost development and industrialisation.

He also claimed modernisation of railways will benefit the population of UP largely and said that this summit has given a healthy "eco-system" to the state. But in the next one decade, there would be 20 such cities in the State. "Defence industry is a specialised industry, which needs technical staff... the state government should plan engineering institutions, which can give required trained manpower for upcoming industries..."