UPGIS: Proposals of Rs 2,57,922 crores received in higher education, over 7 lakh job creation likely

New Delhi: The Global Investors’ Summit (GIS) held in Uttar Pradesh has opened doors to new possibilities in every sector and will play a pivotal role in fulfilling the Yogi government’s resolve of providing quality education and generating employment opportunities for the youth.

Through the Global Investors Summit (GIS), investment proposals amounting to Rs 33.52 lakh crore were received which are expected to create 93,82,607 employment opportunities through 19058 MoUs. Out of these, 64 proposals worth Rs 2,57,922 crore were received in higher education sector, which will provide employment to more than 7.82 lakh youths.

It is noteworthy that Uttar Pradesh has the highest number of youths in the country. The 64 investment proposals received through the GIS in the field of higher education bear testimony to the government’s pro-youth initiatives.

The unemployment rate of UP, which stood at around 18 per cent in June 2016, dropped to about 2 percent by February 2022 in the state.

Owing to the government’s sustained efforts to create an investment-friendly environment in the state, various well-known organizations have also shown keen interest in joining UP in its growth journey.

US firm Imperia Innovation Invest (Austin Consulting Group) has expressed its desire to invest in infrastructure and education and will provide employment to 1.10 lakh youth by investing in Noida and Lakhimpur Kheri. Pandit Vasudev Tiwari Skill University is also eager to invest Rs 40,000 crores in Jhansi. More than 5000 youths of Bundelkhand, which once became synonymous with backwardness, will be connected with new employment opportunities through only one institution.

At the same time, RPM Group has also expressed the desire to set up RPM University. The group’s director Ajay Shahi informed that most of the youth are in UP and because of the leadership of Chief Minister Yogi Adityanath, the group is committed to providing 1200 employment opportunities by investing Rs 500 crores.