Ground breaking ceremony will launch investment proposals worth Rs 15 lakh crore: CM Yogi

Share this post on:

Lucknow, 17 November: The Yogi government of Uttar Pradesh has intensified preparations to implement industrial investment proposals worth Rs 39 lakh 52 thousand crore.

On Friday, in a special meeting with Additional Chief Secretaries, Principal Secretaries of various departments and CEOs of Industrial Development Authorities, Chief Minister Yogi Adityanath reviewed the department-wise and district-wise investment proposals and gave necessary guidelines for implementation.

The Chief Minister said that after the Global Investors Summit-2023 (GIS), more than 8000 projects are ready to get off the ground after the efforts made to implement the MoU in 08 months. We should organize ground breaking ceremonies with industrial projects worth minimum Rs 15 lakh crore. With this goal in mind, all departments should speed up preparations.

He said that all Additional Chief Secretaries and Principal Secretaries, under the leadership of their departmental ministers, should immediately review every industrial investment proposal received by their respective departments. Investors should get the benefits of all sectoral policies including industrial development and employment promotion policies without delay and with minimum human interference. Take care of every single investor. They should not face any inconvenience and the investment proposal should be implemented with ease.

Instructions to quickly implement the newly formed Bundelkhand Industrial Development Authority

The Chief Minister directed to immediately implement the newly formed Bundelkhand Industrial Development Authority (BIDA). He said that 36000 acres of land is to be acquired in Bundelkhand Industrial Development Authority. CEO and other human resources should be deployed here immediately. This effort will give a new height to the development of Bundelkhand in the state.

Yogi said that land is the primary requirement for industries. Necessary funds have been released to various authorities including the newly formed Bundelkhand Industrial Development Authority (BIDA) for land acquisition. Expand the land bank by using them appropriately.

The Chief Minister said that keeping in mind the needs of investors and the interest of the state, an appropriate decision should be taken after due consideration on granting permission for change of land use under Section 80 of the Revenue Code in the notified areas of Industrial Development Authorities. Even after completion of many residential projects, occupancy certificate or completion certificate is still pending at the level of Industrial Development Authority. This situation is not right. Take immediate decision and issue the certificate as per rules.

In order to encourage non-traditional energy options, he directed to release the Green Hydrogen Policy of the state as soon as possible.

The Chief Minister said that entrepreneurs have shown interest in every sector including manufacturing, green energy, EV, textile, data center, food processing, circular economy, health, education. To get investment proposals off the ground, it is very important to maintain constant communication with the investor. Their needs and expectations should be resolved immediately. There should not be unnecessary delay in giving NOC and clearance.