The Prime Minister, Shri Narendra Modi attended the UP Investors Summit @ 3.0 of the UP Investors Summit in Lucknow today. During the World Demolition Festival, the Prime Minister laid the foundation stone for 1406 projects costing more than Rs 80,000 crores. Projects cover various sectors such as Agriculture and Allied, IT and Electronics, MSME, Manufacturing, Renewable Energy, Pharma, Tourism, Defense & Aerospace, Handloom & Textiles etc. The event was attended by the country’s top industry leaders. Uttar Pradesh Prime Minister Yogi Adityanath, Union Minister Shri Rajnath Singh were among those present. Speaking at the event, the Prime Minister thanked the investors for showing their faith in the strength, dedication, hard work and understanding of the youth of Uttar Pradesh. He also asked industrialists to visit Kashi. “As a representative of Kashi, I would urge you to visit my Kashi. The fact that Kashi, with its ancient glory can come from a new version of its own, is a living example of the talents of Uttar Pradesh, ”he added.
India is the fastest growing G20 economy
The Prime Minister said the proposals tabled today would create new opportunities in Uttar Pradesh and demonstrate a growing confidence in the growth of Uttar Pradesh. “Only our democratic India has the power to meet the demands of our faithful partners the world wants today. Today the world is looking at the power of India as well as appreciating the performance of India” he said. The Prime Minister announced that India is the fastest growing G20 economy and is in second place in the Global Retail Index. India is the third largest power country in the world. Last year, an FDI record of 84 billion from more than 100 countries around the world. India has set a new record by exporting goods worth more than $ 417 billion, or 30 lakh crore rupees in the last financial year, he said.
Referring to the eight-year completion of the NDA government at the institution, the Prime Minister indicated that “over the years we have moved forward with the Reform-Perform-Transform mantra. We have worked to strengthen India as one nation through our reforms. One Nation-One Tax GST, One Nation-One Grid, One Nation-One Mobility Card, One Nation-One Ration Card.” Efforts are an indication of our strong and clear policies” he added.
Greater opportunities in UP
Commenting on the steps taken in Uttar Pradesh after 2017, the Prime Minister said “to grow faster, our two-engine government is working with infrastructure, investment and production. He said the improved legal and regulatory environment had restored business confidence, created an industrial climate and improved governance systems. Explaining the natural resources of Uttar Pradesh, the Prime Minister said nothing could stop the state from moving forward in development, there was the announcement of a 5 KM non-chemical organic farming tunnel on both sides of the Ganga coast. Uttar Pradesh has 1100 KM of the Ganga River covering 25-30 regions.
This will create greater opportunities for organic farming. He said companies were now a great opportunity to invest in the agricultural sector. He said PLI plans and the allocation of 7.5 lakh rupees for large sums of money would also benefit the state. He also pointed out that the provincial defense tunnel was a sign of new opportunities. Measures such as the modern Power Grid, gas pipeline, multi-model connectivity, road recording number, strengthening economic connectivity, modern railway infrastructure, Eastern and Western Dedicated Freight Corridor all come together in Uttar Pradesh with the promise of giving new impetus to the development of Uttar Pradesh.
UP Investors Summit
The premier said over the past few years a new culture of delivering projects had developed in the country. Citing the digital revolution as an example of this trend the Prime Minister reiterated the issue of national growth in recent years. He informed that in 2014, there were only 65 million broadband subscribers in our country. Today their number has exceeded 78 crores. In 2014, one GB of data was used to cost about Rs 200. Today its price dropped to Rs 11-12. India is one of the countries in the world where data is cheaper. In 2014, less than 100 grams of panchayats in the country were connected via fiber optical.
Today the number of grams of panchayat connected to optical fiber has also exceeded two and a half lakhs. Prior to 2014, we had only a few hundred startups. But today the number of beginners registered in the country reaches about 70,000. Recently, India also made a record of 100 unicorn. “We keep pace with development through policy, decisions and objectives. We will all be with you in everything you do and will support you in all your endeavors ”, the premier assured investors and industry. UP Investors Summit 2018 was held on 21-22nd February 2018, with the first Ground Breaking Cerem.
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