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Jagran correspondent, Lucknow. Taking part in the discussion of the motion of thanks on the Governor's address in the Legislative Council today, Chief Minister Yogi Adityanath termed the changes in the last eight and a half years in the field of investment and industrial development of Uttar Pradesh as historic.
The Chief Minister said that Uttar Pradesh, which was earlier known for One District One Mafia, is today known as One District One Product. In his address, the Chief Minister said that before the year 2017, there was neither a clear industrial policy nor the right intention in Uttar Pradesh.
Despite the immense potential, investors were reluctant to come to Uttar Pradesh due to lack of favorable investment environment in the state. Uttar Pradesh has today become a major investment destination of the country by adopting its Triple-T model i.e. Trust, Transform and Timely Delivery.
Security, convenience and clear policy
In his address, the Chief Minister said about the journey of industrial development in Uttar Pradesh that the first condition for industrial investment is security, second is convenience and third is clear policy. Before the year 2017, there was a shortage of these three in the state, due to which the development of industries did not reach the expected level.
Now the state has made Fearless Business, Ease of Doing Business and Trust in Doing Business its new identity. The state government is presenting it as Triple-S model i.e. Safety, Stability and Speed. He also said that due to the double engine government, the pace of development work in the state has naturally increased.
The Chief Minister said that Uttar Pradesh has taken a historic journey from policy paralysis to policy stability. More than 34 sectoral policies have been implemented in Uttar Pradesh, through which investment in various sectors is being encouraged. Digital and institutional arrangements like “Nivesh Mitra”, “Nivesh Sarathi” and “Udyami Mitra” have created a transparent and accessible environment for industries.
Was at 14th place before 2017
He said that Uttar Pradesh was ranked 14th in Ease of Doing Business before 2017, whereas now it is established as the top achiever state. The government claims that Uttar Pradesh has become the first state in the country to fully implement all the parameters of comprehensive reforms.
If UP is at first place in the deregulation ranking, big steps have also been taken in the direction of decriminalization. He said that the state government has created a fear-free environment for industries by abolishing 99 percent of the criminal provisions of 13 state acts. This has simplified the business processes in the state and eliminated unnecessary legal hurdles.
Industrial growth figures tell the story of this change. The Chief Minister said that in the 70 years from independence to 2017, only about 14,000 factories were established in Uttar Pradesh. Since 2017, their number has increased to more than 31,000.
Increase is a sign of increasing confidence in industries in the state.
This growth is a sign of increasing confidence in industries in the state. He said that in the last eight to eight and a half years, the state has proposed MoUs worth more than Rs 50 lakh crore. Of these, MoUs worth more than Rs 15 lakh crore have been put on ground. In his address, the Chief Minister stressed that MoUs and investments in UP are no longer limited to papers, but are yielding results in the form of groundbreaking, production and large-scale employment generation.
Today Uttar Pradesh is playing an important role in giving impetus to the Make in India campaign. Uttar Pradesh has emerged as a big hub of electronics and IT. About 55 percent of the mobile manufacturing in the country is being produced in Uttar Pradesh.
State's share is more than 60 percent
At the same time, the state's share in electronic component manufacturing is also more than 60 percent. This achievement is establishing Uttar Pradesh as the new Uttar Pradesh of new India. Along with electronics, investment in defense production and sports industry has also increased rapidly in UP. New opportunities have been created in areas like defense corridor and sports equipment manufacturing, which is giving new strength to the economy of the state.
The Chief Minister said that due to the Industry First, Investor First approach, Uttar Pradesh has today become a safe, stable and reliable destination for global investors. Improvement in law and order in the state, expansion of infrastructure, development of expressways, airports and logistics networks have strengthened the industrial environment.
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As a result of these initiatives, Uttar Pradesh has today created a new identity in the field of investment, employment and industrial production. Based on the Triple-S model of Security, Stability and Speed, Uttar Pradesh is today counted among the fastest growing economies of the country.
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