Lucknow, February 12:
Eliminating poverty, generating employment and improving the law and order system were the key issues in Uttar Pradesh prior to 2017, CM Yogi Adityanath not only addressed these but also worked for the development of the state and resultantly, UP is receiving flurry of investments, said Union Minister Piyush Goyal on Sunday.
Minister of Commerce and Industry, Government of India addressed a session on the third day of UPGIS 2023.
On the occasion, he guaranteed the people investing in the state and the people of the state that the government of UP and the Center will continue to serve them together.
The Union Minister said under CM Yogi’s leadership, no force can disrupt UP’s growth journey.
“It is under the guidance of CM Yogi that the revenue of Excise department which used to be Rs 14,000 crores till 6 years ago, has increased to reach Rs 42,000 crores. CM Yogi has proved that when transparency and rule of law exist, investment flows into the state,” he said.
The Government of India releases the rating of Ease of Doing Business, in which Uttar Pradesh has reached the second position, said Goyal.
He went on to say that the Government of India is striving for free trade and UP can have an important role in this.
UP has attained a big achievement not only in production but also in exports. Earlier, the exports used to reach Rs 85,000 crores, which has now crossed Rs 177,000 crores.
Earlier, Minister of State of Uttar Pradesh Government Nitin Agarwal said that the state department is moving forward with the aim of increasing revenue. Recently, the new wine policy was released and for the first time it was linked to the farmers. The entire process has been made online for everyone.
On the other hand, Additional Chief Secretary of Sugar Industries and Excise Department, Sanjay R. Bhoosreddy said that UP is the only state which is blending 14 to 15 percent ethanol of the country. “Earlier fruit juice worth Rs 400 crores was wasted, now we are exporting it. We have shifted from importing state to exporting state. We had set a target of attracting investment of Rs 25,000 crores through the summit and have so far attracted Rs 32,000 crores”, he remarked.
Radico Khaitan to set up an unit with an investment of Rs 600 crores
Golden Organic Farm Pvt. Ltd. Director Kumar Sahni said that the government gave immense benefits to set up the industry.
On the other hand, Amar Sinha, COO of Radico Khaitan said that Uttar Pradesh has now become the most preferred destination for investment. “Here the license for broadband messaging is available in 30 days. The entire process has been done online. With an investment of Rs 600 crores, we are placing 4 lakh shares per day in the largest unit in Uttar Pradesh”,he said . Similarly, Valop Brewing Pvt. Ltd. MD Vineet Chopra informed that his son has also done his best to set up a beer unit.
