Urging India Inc. to invest in Uttar Pradesh, state Chief Minister Yogi Adityanath has said that his government was taking all measures to ensure that it became a safe and secure investment destination.
Addressing the webinar ‘Rebuilding and Rebooting the Economy of Uttar Pradesh Post COVID-19’, organised by the industry chamber FICCI, Yogi Adityanath said that in the last three years, a land bank of more than 20,000 acres was created for promoting investment and infrastructure development in the state.
He said that ‘Atmanirbhar Uttar Pradesh Rojgar Abhiyan’ was launched by the prime minister, which would benefit over 12.5 million migrant workers and labourers who lost their jobs due to the pandemic. The chief minister added that the government was mapping skills of migrant labourers and is working on providing them with suitable employment opportunities.
Highlighting the path-breaking policies of the state government, Yogi Adityanath said that labour reforms were fast-tracked and finalised for employment generation. Also, several redundant policies were being reviewed and scrapped, which would make it easier for investors to seamlessly work in the state without any barriers.
Alluding to the importance of technology, the chief minister said that given the pandemic situation it had become essential to adopt technology for faster economic growth. He added that the government was working on improving connectivity in the state by way of airports and roads and is also focusing on improving regional connectivity.
Yogi Adityanath said that the state government had partnered with FICCI to deliver several successful initiatives such as the UP Investors’ Summit, Defence Expo and Grounding Breaking Ceremony.
“Such endeavours proved that the collaboration between the government, industry and other stakeholders can enhance the investment opportunities manifold,” he said.
Satish Mahana, Cabinet Minister, Infrastructure & Industrial Development, Uttar Pradesh said that the state government was closely reviewing its policies to amend them to enable the industry to prosper in times of COVID-19 pandemic. He added that the state government looked forward to suggestions from the industry that could be incorporated in its policies for the economic development of the state.
Sidharth Nath Singh, Cabinet Minister, Investment & Export Promotion, NRI & MSME, Uttar Pradesh said that infrastructure was developing at a fast pace in the state. He added that even during the lockdown, Uttar Pradesh government had organised several virtual roadshows with countries like the US, EU and Japan to attract investments.
Dr Sangita Reddy, President, FICCI & Joint Managing Director, Apollo Hospitals Group said that the Uttar Pradesh government had come out with many investment-friendly policies to encourage investments and enable the industry to prosper in the state. She added that the state government had invested in infrastructure and created a positive ecosystem for the industry.