Hindustan Times (Lucknow)

Deputy CM Pathak promises investors state govt’s support

- HT Correspond­ent letters@htlive.com

THE LAW AND ORDER SITUATION HAS IMPROVED SIGNIFICAN­TLY IN THE STATE, SAID PATHAK

: Deputy chief minister Brajesh Pathak on Tuesday assured all possible support to those willing to invest in the state and help the state government achieve its objective of one trillion-dollar economy in the next five years.

Speaking at the UP Leadership Summit organised by the Associated Chambers of Commerce and Industry (ASSOCHAM), U.P. chapter, Pathak said: “Uttar Pradesh is the fastest growing economy in India and is maintainin­g zero tolerance against crime. The law and order situation has improved significan­tly in the state.”

Also speaking on the occasion, industrial developmen­t minister Nand Gopal ‘Nandi’ requested entreprene­urs to give proposals for investment. Nandi also listed out various incentives and subsidy being offered by the state government to investors.

Around 100 entreprene­urs attended the summit.

They assured the state government to invest around Rs 1.2 lakh crore at the Global Investors Summit -2023, Uttar Pradesh, proposed next year.

Pranjal Yadav, secretary, micro small medium enterprise­s (MSME), explained various provisions of the U.P. MSME Policy, 2022.

Also present at the event, Awanish Awasthi, advisor to the U.P. CM, suggested constituti­on of a core team for interactin­g with the state government.

LK Jhunjhunwa­la, president, Associated Chambers of Commerce and Industry, U.P. chapter, welcomed the delegates.

A memorandum of understand­ing (MoU) was exchanged between Manish Khemka, chairman, Economic Policy and Taxation Committee, Associated Chambers of Commerce and Industry, U.P., and Kotak Mahindra bank to establish a free facilitati­on centre for investors and businessma­n to deposit income tax and goods and services tax.

 ?? HT ?? Deputy chief minister Brajesh Pathak at the UP Leadership Summit
HT Deputy chief minister Brajesh Pathak at the UP Leadership Summit

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