State Bureau, Lucknow. Preparations for the Ground Breaking Ceremony (GBC)-5.0 have been intensified to bring the investment proposals on the ground in the state. Invest UP's effort is to organize the GBC before the budget session as soon as it gets time from Prime Minister Narendra Modi. The government's consent has also been received regarding this. It is expected that GBC will be organized at Indira Gandhi Pratisthan between 10th to 20th February.
Invest UP had prepared to organize GBC in November last year, but due to lack of time from Prime Minister Narendra Modi, the GBC was postponed. The state government had given Invest UP a target of making an investment of Rs 5 lakh crore for GBC, which was later increased to Rs 6 lakh crore.
Efforts to prepare proposals worth more than Rs 6 lakh crore
After getting one more month's time, Invest UP is trying to prepare proposals worth more than Rs 6 lakh crore for GBC. In view of this, the Chief Minister's visit to Japan is also being decided.
Investment proposals worth about Rs 20 thousand crore are expected to be received in the state during this visit. At the same time, further investment of Rs 2 lakh crore is expected in the ongoing talks with investors from other countries and states regarding investment.
Invest UP has given investment target to 29 concerned departments regarding GBC. Uttar Pradesh State Industrial Development Authority (UPCIDA) has been given the maximum investment target of Rs 70 thousand crore. In this GBC, the maximum investment of Rs 26 thousand crore is proposed in Mirzapur. In the last GBC, Bhoomi Pujan was performed to bring 14,701 projects worth Rs 10.01 lakh crore to the ground.