UP SET TO BECOME A TRILLION DOLLAR ECONOMY: MODI
It is just the beginning as investment worth ₹50,000 crore is also ready to be implemented, says PM
LUCKNOW: Prime Minister Narendra Modi on Sunday said his government was working on the principle of ‘Sabka saath, sabka vikas’ as a result of which UP was set to become a trillion dollar economy.
Launching projects worth ₹60,000 crore at the ground breaking ceremony here on Sunday, the PM lauded the Yogi Adityanath government, saying it was actually a “record breaking ceremony”. “Some call today’s event ground breaking ceremony, but I say it is a record breaking ceremony for the sheer speed at which projects were executed in just about no time to translate intent to investment,” he said. “UP is all set to be a trillion dollar economy now. There was a time when people considered investment to be a challenge but today’s function is proof of the pace at which UP is progressing,” Modi added.
Prime Minister Narendra Modi on Sunday said his government was working on the principle of ‘Sabka saath, sabka vikas’ as a result of which Uttar Pradesh was set to become a trillion dollar economy.
Launching projects worth ₹60,000 crore at the ground breaking ceremony here on Sunday, the PM lauded the Yogi Adityanath government, saying it was actually a “record breaking ceremony”.
“Some call today’s event ground breaking ceremony, but I say it is a record breaking ceremony for the sheer speed at which projects were executed in just about no time to translate intent to investment,” he said. “UP is all set to be a trillion-dollar economy now. There was a time when people considered investment to be a challenge but today’s function is proof of the pace at which UP is progressing,” Modi added.
PM HAILS UP GOVT FOR FAST-TRACKING GROWTH
Soon after chief minister Yogi Adityanath said that while the Bahujan Samaj Party (BSP) government could only get ₹57,000 crore investment in five years and the Samajwadi Party government only ₹50,000 crore in as much time, the BJP government got ₹60,000 crore in just five months, Modi complimented the Yogi government for translating intent to investment in record time.
Terming ₹60,000 crore investments in just five months a great task, he said it was the second time he was meeting industry groups in such a short duration. “Today’s ₹60,000 crore investment is just the beginning as Yogi Adityanath was saying that ₹50,000 crore projects, too, are ready to be implemented,” he said. The PM said investments being made in Uttar Pradesh would generate 2 lakh jobs and added he had promised 22 crore people of UP that he would return their love with interest.
“These investments are part of our efforts to bring speed and transparency in our actions,” he said.He said under Yogi, UP had benefited immensely as his government was working on holistic vision and inclusive action.
PM CALLS FOR INVESTMENTS ACROSS UP
Of the Rs 60,000 crore projects the PM launched on Sunday, about 53 per cent would be started in west UP that comprises the national capital region (NCR), including Noida and Greater Noida.
East UP or Purvanchal region will get nearly 23 per cent of the investments while central UP and Bundelkhand will get 21 per cent and 3 per cent investments, respectively.
He said though Noida and Greater Noida were hubs of investment, which was good, but the entire state should develop. “I am told new projects and investments will come up in Meerut, Hardoi and other parts of the state,” Modi said.He also urged industrialists to increase investment in agriculture, which presently stands at about 1%.
“I have urged industry groups to form
brainstorming teams to think of ways to make investments in agriculture,” he said. The PM added there was immense potential in UP’s MSME sector.
UP LEADING COUNTRY IN MOBILE PUSH
The PM said solutions and synchronisation were keys to development and ‘Digital India’ and ‘Make in India’ were its biggest examples. “India is fast becoming a hub of mobile manufacturing and is ranked number two in this sector and UP is leading the change. There are more than 50 mobile manufacturing units in the state,” he added.
COUNTRY IS EITHER RUN BY PM OR PATWARI!
Thanking the farmers for giving their land for development projects, the PM said: “There is a process involved in acquisition of land and even in getting
patwari’s nod. I think the country can either be run by the PM or the ‘patwari’,” he said. Patwari is a government officer who keeps land records.
HIGHLIGHTING ENERGY SECTOR
Highlighting the government’s achievements in energy sector, the PM said: “There was 4.2 % energy deficit in 2013-14 which is now less than 1 per cent. Power grids will not fail now due to coal shortage. In last three years, people have saved Rs 50,000 crore in power bills. We are working for ‘Power for All’ by March next year. India has improved by 82 points in the World Bank’s ranking on ‘Ease of getting electricity’.”
He said UP was focusing on power generation and working on green energy, especially solar energy. He said UP would soon become a major hub of solar energy.