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Its GSDP grew from Rs 13 lakh crore to Rs 36 lakh crore in the past 9 years while, in the same duration, its per capita income nearly tripled. Over the past 5 years, UP was a revenue surplus state and its contribution to India’s economy touched approximately 9.5%. In addition to this, the state ranked 1st in deregulation, was a top achiever in ease of doing business, and took a major step towards de-criminalisation by eliminating 99% of criminal provisions. He informed the audience that a 75,000-acre land bank was made available around expressways, airports, and the dedicated freight corridor. Promising excellent connectivity, the CM said that 55% of India’s total expressways are in UP, aided by a 16,000 km railway network and Metro operations in 7 cities. The state has 16 operational airports, including 4 international airports, while the Noida International Airport would be inaugurated soon. In the last 9 years, the number of factories in the state increased from 14,000 to more than 31,000. UP has only 11% of India’s agricultural land, but it produces over 21% of the country’s total food grains. MSID:: 128756243 413 | You Can Also Check: Gold Rate in Lucknow | Silver Rate in Lucknow | Bank Holidays in Lucknow | Public Holidays in Lucknow | Lucknow AQI | Weather in Lucknow | Petrol Price in Lucknow | Diesel Price in Lucknow | CNG Price in Lucknow | LPG Price in Lucknow
Assuring investors that their investments would remain safe in UP and that they would find a favourable environment to advance their business concerns, the CM said that UP grew from a ‘Land of Potential’ to the ‘Land of Performance’. There are vast investment opportunities in the food processing and value addition sectors,” he said. “India’s 1st national waterway from Varanasi to Haldia is operational, with multi-modal terminals along the route. MoUs were exchanged with Gayatri Chain FnB & Associates for investment in the catering and hospitality sector, KLK Ventures for establishing a solar panel manufacturing unit, and Ishtara Jewellery & Maestro Productions for investment in the jewellery and creative/media production sectors.
Lucknow: Addressing a road show in Singapore to invite investments into Uttar Pradesh, chief minister Yogi Aditynath on Tuesday underlined the state’s Triple S model of safety, stability, and speed as the biggest guarantee for investment.