UP CM sets sight on developing Uttar Pradesh as $ 1 trillion economy

“Uttar Pradesh aims to become a $ 1 trillion economy and this goal is achievable with the help of the industrial sector. We will surely achieve this goal,” Yogi Adityanath said.

Written by September 21, 2020 21:35
CM Yogi - Uttar pradesh

New Delhi: Yogi Adityanth-led BJP government in Uttar Pradesh has set a goal of developing Uttar Pradesh as $ 1 trillion economy, so as to give boost to Prime Minister Narendra Modi’s objective of making India a $ 5 trillion economy.

CM Yogi Adityanth today tweeted, “this goal is achievable with active support of industrial sector.”

“Respected Prime Minister Narendra Modi has aimed to make India a five trillion dollar economy. In a bid to help the country achieve this goal, Uttar Pradesh is also targetting to become a one trillion dollar economy. With the help of the industrial sector, we will surely achieve this goal,” Adityanath wrote on Twitter (roughly translated from Hindi).

Uttar Pradesh recently secured second position in the country’s ‘Ease of Doing Business’ list and this was apparently the outcome of co-ordinated and sustained efforts of state government during last 3 years.

‘Invest UP’ Summit, CM woos investors and industrialists

The Chief Minister today presiding over a meeting of High-Level Empowered Committee of ‘Invest UP’, formerly known as ‘Udyog Bandhu’. State Cabinet Minister Siddharth Nath Singh, Infrastructure and Industrial Development Commissioner of UP, Alok Tandon were also present.

CM Yogi - Uttar pradesh -

Adityanath called upon the industrialists, entrepreneurs, and investors to come to the state for investment saying that “now Uttar Pradesh is the idea whose time has come.” He said that his government has come a long way in transforming the state into an investor-friendly place conducive to industrialisation with some proactive measures firmly in place.

“The state has strived to develop infrastructure in terms of power, road, communication, transport beside strong law and order to such an extent that it is now on the path of releasing its much-cherished dream of attaining one trillion economy status in the country while contributing to the country’s five trillion dollar economy target set by Prime Minister Narendra Modi,” Adityanath said.

“In addition to this, the Uttar Pradesh government has received over 50 investment proposals worth over Rs 7,000 crore from the investors of about ten countries which include Japan, United States, UK, Canada, Germany, and South Korea who want to shift their units from there to Uttar Pradesh,” according to an official statement.

CM Yogi said the traditional areas like electronics, IT, food processing, dairy, textiles, tourism, and films are still the fancied investment destination while solar power, bio-fuel, and civil aviation are joining these as potential investment hubs. About infrastructure, he said, that Uttar Pradesh is going to have a huge network of expressways that will criss-cross the entire country.

“A 340-kms long Purvanchal Expressway from Lucknow to Ghazipur, 290-kms long Bundelkhand Expressway linking Chitrakoot to Lucknow-Agra Expressway, 90-km Gorakhpur link Expressway and 170-km Prayagraj link Expressway. Not only this, but the state government has also decided to construct a 600-kms long Ganga Expressway from Prayagraj to the national capital region through Hardoi, Shahjahanpur, Kannauj, and Meerut. This is going to be the longest Expressway of the country,” Adityanath said.

“In the infrastructure, the proposed Jewar international airport in Noida will be the biggest in North India. Besides, the Kushinagar airport is also coming up which will cater to eastern UP a great deal. Besides, Noida will be developed as the biggest hub of Northern India,” he added.