UP Investors Summit 2018: An Initiative to Make UP Investor Friendly

PM Narendra Modi to inaugurate two-day UP investors summit on Wednesday

Pic courtesy Twitter/@InvestInUp

The Prime Minister said that the Kumbh Mela to be organized next year at Prayag, would be the largest such event of its kind in the world. Investors will also have the feasibility of "Digital Single Window Clearance System". The information about the proposals will be provided automatically through SMSs.

"Uttar Pradesh is a land of infinite opportunities and it has the potential of being the growth engine of India".

Saying that there was no dearth of resources in the state, the prime minister said Uttar Pradesh has huge potential for ethanol and bio-fuel, and clean energy can resolve many problems in Delhi and NCR, he said.

He said, "UP ranks number one in the country in production of foodgrains, wheat, sugarcane, milk, potato production while stands second in terms of vegetable production and third in terms of fruit production".

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When there is development, it is visible. "I would like to congratulate the leadership and the people of the State for achieving this".

The UP Investors Summit witnessed a signing of over 900 MoUs. Union Home Minister Rajnath Singh, Finance Minister Arun Jaitley, Defence Minister Nirmala Sitharaman, Nitin Gadkari, Suresh Prabhu, Dr Harsh Vardhan, VK Singh, Smriti Irani and Ravi Shankar Prasad are among 18 Union ministers who will chair and attend different sessions at the summit.

He said the State is making appropriate policies for various sectors.

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Lauding the "one district one product" scheme, he said it could prove to be the game changer for the state.

This policy will be supported by skill India, start-up India and Pradhan Mantri Mudra Yojana. "I am sure the UP Investors' Summit will open new doors for investment in UP", said Modi.

Modi announced a defence industrial corridor in Bundelkhand.

"ITC�??s agro-forestry model in Uttar Pradesh aims to provide food, fodder and wood security and de-risk farmers through alternative sources of remuneration, while contributing to carbon sequestration and soil conservation", Puri said.

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