Virendra Singh Rawat
Lucknow / Dec 2, 2020
On a two-day visit to the country’s financial capital of Mumbai, Uttar Pradesh chief minister Yogi Adityanath met corporate honchos and filmmakers in Mumbai to apprise them of the slew of investment related steps taken by his government.
He briefed the select gathering as to how the state was creating a conducive atmosphere for rapid industrialisation by way of simplification of policies, single-window mechanism for clearances, availability of basic infrastructure and manpower, apart from a robust law and order in the state.
In the backdrop of the Yogi government developing a mega 1,000 acre Film City in Noida, the CM confabulated with leading filmmakers and cinema personalities, including Akshay Kumar, Boney Kapoor etc.
Meanwhile, Yogi, who had reached Mumbai last evening, also attended today the ‘ringing the bell’ ceremony at the Bombay Stock Exchange (BSE) for the listing of bond floated by the Lucknow Municipal Corporation (LMC). Lucknow is the first city in Northern India to issue municipal bonds, while sister municipal corporations of Ghaziabad, Varanasi, Kanpur and Agra will follow suit.
In December 2017, Yogi had met prominent industrialists including Mukesh Ambani, Ratan Tata, Anand Mahindra etc, in Mumbai to invite them for the UP Investors Summit, which was later held in February 2018 and garnered memorandum of understanding (MoU) worth Rs 4.68 trillion from Indian and foreign companies.
Of these, projects totalling nearly Rs 2 trillion have already come on the ground through two groundbreaking ceremonies attended by Prime Minister Narendra Modi and Union home minister Amit Shah in 2018 and 2019 respectively.
While, UP is targetting to become a $trillion economy in the near future, the state has also made a quantum leap of 10 places to be adjudged 2nd in the latest ‘Ease of Doing Business’ rankings of the Indian states. Even during the global covid-19 pandemic, 52 domestic and foreign companies have invested Rs 45,000 crore in different sectors.
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