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Monday, March 4, 2024

GBC to witness execution of over Rs 10 lakh crore investment proposals : Yogi


Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said that the three-day groundbreaking ceremony (GBC) from February 19 and to be inaugurated by Prime Minister Narendra Modi will witness execution of investment proposals of more than Rs 10 lakh crore.

During a high level meeting to assess the arrangements for the upcoming GBC with the departmental heads, the CM scrutinised department-wise and district-wise investment proposals and gave necessary guidelines for the successful organisation of the event.

He said, “Many distinguished industry leaders, CEOs, investors, and others will be present on this occasion. In light of UP’s pivotal role as the nation’s growth engine, this event holds immense potential for accelerating both the state’s and the country’s industrial development. Therefore, make all necessary arrangements, keeping in mind the dignity and importance of the ceremony.”

Yogi said that the Global Investors Summit was successfully organised from February 10 to February 12 last under the guidance of Modi. “The summit saw enthusiastic participation of 10 country partners, more than 1,000 foreign representatives from 40 countries, 4 ministers of partner countries, 17 Union ministers, ambassadors, high commissioners, and more than 25,000 delegates, including national and international investors and other dignitaries,” he said.

The Chief Minister said, “This event is going to prove to be an important milestone towards fulfilling the aspirations and expectations of the youth as well as elevating UP to a 1 trillion dollar economy.

He said that investment proposals of Rs 39.52 lakh crore were received during the three-day Global Investors Summit, which was preceded by holding of Investors Conference in all 75 districts of the state and roadshows in 21 cities of 16 countries across the world and 10 cities within the country.

Yogi said, “UP is fully prepared to execute these proposals, which are anticipated to generate 1.10 crore jobs and employment opportunities for the youth of the state.”

The CM said that since the inaugural Investors Summit in 2018, which marked the commencement of investment proposals valued at Rs 60,000 crore, UP has undergone a remarkable transformation characterised by unprecedented speed and progress.

He said, “Fast forward six years and the state is now gearing up to simultaneously implement investment proposals surpassing the remarkable milestone of Rs 10 lakh crore during GBC. This remarkable transformation and speed define the new UP.”

Yogi said that under the GBC there are a total of 262 projects exceeding Rs 500 crore, while 889 industrial projects ranging from Rs 100 to Rs 500 crore will be implemented. It may be noted that all 75 districts will benefit from this as more than 3,500 investors are expected to attend this programme.

The Chief Minister said that the special event will see the participation of several Union Ministers, ambassadors, and public representatives. “It is imperative to strictly adhere to security and hospitality protocols for VIPs. CM Fellows should be assigned to assist these VIPs, providing them with necessary guidance and training,” he said.

He said that adequate arrangements should be made for dignitaries, including industrial leaders, entrepreneurs and investors, covering aspects such as accommodation, food, transportation and parking facilities.

Yogi said that in a proactive effort to engage with the youth, retired IAS, IPS, IFS officers and Vice Chancellors conducted outreach sessions in various universities and colleges prior to the Global Investors Summit, effectively communicating the summit’s utility, importance and impact.

“This initiative significantly boosted awareness and engagement among the youth. Similar efforts should be undertaken before GBC, between February 16-17, to enhance youth participation and awareness,” he said.

The CM said that the entire capital city should be adorned for GBC, emphasising cleanliness and installing spiral lights. “Taxi stands, hoardings, and other infrastructure should be arranged in an organised manner. CCTV surveillance on Shaheed Path and along the entire VVIP route must be operational to ensure strict monitoring of any disruptive elements,” Yogi said.

He said that the PM’s address at the main event should be broadcast live in all districts, facilitated by the installation of screens. “Invitation letters should be sent to local entrepreneurs and businessmen by the District Magistrate. There should be the presence of public representatives here,” the CM said.

Yogi said that sectoral sessions covering various topics are scheduled for February 20 and 21. “Students from technical, technological and management institutes should be invited to this informative event to facilitate learning. Adequate transportation arrangements should be made for their convenience,” he said.

The CM said that all Additional Chief Secretaries or Principal Secretaries, under the guidance of their respective departmental ministers, should promptly review each industrial investment proposal received by their departments.

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