KThe investment brought by the Yogi Adityanath government to UP through the Uttar Pradesh Global Investors Summit (UPGS2023) held in Lucknow last month is Rs 33.50 lakh crore. 19,058 new MoUs were signed and the number of jobs expected to come to the state from the investor summit is 95 lakh. What did the UP government do after successfully holding such a huge investor meeting? Governments’ administrative excellence should be demonstrated in follow-up actions and actions. The steps taken by Yogi Adityanath after UPGS are the most remarkable and we should discuss in Kerala. Big changes in UP can be modeled after the Left government in Kerala, which is spreading the lie that it is the world’s most entrepreneur-friendly state by releasing a list of scam enterprises. In the absence of follow-up, assessment and coordination by the state government, Kerala has lost investments worth crores of rupees in the last decade alone.
After the Investors Summit, Chief Minister Yogi Adityanath’s instructions came for 28 departments under the UP government. The strict instructions given by Yogi Adityanath are that the companies that have signed the MoU should allot the land within six months and start the construction work of the project. Various departments have already started fast-tracked steps in this regard.
The MoU signed by various companies with the Uttar Pradesh State Industrial Development Authority is worth Rs 1.60 lakh crore. Most of the investment comes under them. It has been directed to give special attention to the companies that have signed the MoU and to hand over land to them at the earliest to start their projects. Government departments have been instructed to provide land in the first phase for investments worth Rs. The rest of the land distribution should be completed in phases. The government will take necessary steps in direct contact with the companies that have signed the MoU. Power, Information Technology, Electronics and Urban Development departments have received projects worth Rs 1 lakh crore each. The Chief Minister’s proposal is to start these also within six months.
The Greater Noida Industrial Development Authority, which is responsible for the development of UP’s areas adjacent to Delhi, has received projects worth Rs 40,000 crore. Yamuna Expressway Industrial Development Authority has received projects worth Rs 35,000 crore and New Okhla Industrial Development Authority Rs 60,000 crore. Even the projects received by the Department of Animal Welfare are worth Rs. The technology department has received Rs 3000 crore and the tourism department has received Rs 30,000 crore in new projects. All these departments are going ahead with coordination activities with private companies to initiate the projects.
The investors’ meeting in Lucknow, attended by more than a thousand foreign delegates and a quarter of a million Indian delegates, has initiated a major change in the history of UP. Along with investments from countries around the world like Netherlands, Denmark, Singapore, Japan, South Korea, Australia, UK, UAE, Italy and Mauritius, big companies in India are also announcing investments in UP and going ahead with it. Reliance alone has announced projects worth Rs 75,000 crore in UP.
It is noteworthy that the UP government has made memorandums of understanding with various companies that will reach development in all the districts and regions of UP. Projects worth Rs 14.81 lakh crore will go to West Bengal, while projects worth Rs 9.54 lakh crore will flow to East Bengal, which includes Varanasi. 26 percent of the investments will come from Madhya Pradesh and Bundelkhand region.
An online single window system called Nivesh Mitra is functioning for completion of projects. Coordinating activities with investors is done through an arrangement called CM Udyami Mitra Yojana. The UP government is launching 100 incubators and 33 state-of-the-art centers to inculcate start-up culture and employability skills among the youth. This activity is on the instructions of Prime Minister Modi. The UP Government is doing coordination work to get attention of investors for traditional industries in 75 districts of UP.
Chief Minister Yogi Adityanath said the other day that it was impossible to invest in UP before 2017 due to law and order problems, corruption and lack of transparency. Yogi Adityanath also said that development projects are flowing into the state as the government assured investors of their capital and security. The message from Kerala’s Lulu Group, which has announced an investment of Rs 4,500 crore to start hypermarkets and food processing units in various cities of UP, is that Yogi Adityanath and the BJP government in UP can be trusted.
Lulu Group, which has successfully launched India’s largest mall in Lucknow, has also announced hypermarkets in Noida, Varanasi, Gorakhpur, Ayodhya, Kanpur and Prayagraj. Lulugroup will also build a five-star hotel in Noida. Lulugroup is going to provide employment to 20,000 people in UP. Yusuf Ali’s daughter’s husband and the owner of VPS Healthcare, a large company in the health sector, Dr. Investment in Shamseer field has also been announced in UP. Uttar Pradesh’s journey towards a trillion dollar economy should be emulated by states including Kerala.
Kerala model: Kollam student entrepreneur’s ice cream shop has been blown off its fuse for a mere Rs 215 electricity bill arrears. Due to this ‘improper enforcement’ by KSEB without prior notification, the entrepreneur suffered a loss of Rs.1.5 lakh. As the refrigeration systems stopped, all the ice creams that arrived in the new stock melted and were spoiled. This is how the Kerala model stands out in the country in terms of entrepreneurial friendliness…
