In a groundbreaking development, Uttar Pradesh, led by Chief Minister Yogi Adityanath, has successfully attracted investment proposals worth over Rs 10 lakh crore from various industries in a single day. This remarkable achievement signifies a monumental shift in the state’s economic landscape, transforming it from what was once dubbed as ‘Ulta Pradesh’ to now being hailed as ‘Udyog Pradesh’.
Over the past seven to eight years, Uttar Pradesh has undergone a significant transformation across multiple sectors including infrastructure, connectivity, power supply, law enforcement, healthcare, and education. Under CM Yogi’s visionary leadership, the state has set new benchmarks in development, making remarkable strides towards excellence in every aspect.
Gone are the days when Uttar Pradesh instilled fear in the minds of entrepreneurs. Today, it stands as a beacon of business-friendly policies and comprehensive reforms aimed at fostering a conducive environment for industries to thrive. CM Yogi’s unwavering commitment to streamlining work culture at all levels has resulted in achieving what once seemed unattainable.
One of the cornerstones of CM Yogi’s governance has been his relentless efforts to strengthen law and order in the state. By prioritizing employment opportunities for the youth, Uttar Pradesh has witnessed a surge in the establishment of industries on a large scale, contributing significantly to economic growth.
Furthermore, the state has introduced over 25 sector-specific policies and a dedicated policy to attract Foreign Direct Investment (FDI). Rapid development of expressways and the establishment of a substantial land bank along these corridors have further propelled industrial growth in Uttar Pradesh.
To facilitate ease of doing business, the Yogi government has streamlined bureaucratic processes by bringing 481 services from 41 departments under the Single Window System. Notably, the government has set a new record by disposing of over 97 per cent of more than 13 lakh license applications, while implementing over a thousand unique reforms under the Business Reform Action Plan (BARP).
Uttar Pradesh now stands as one of India’s top 5 manufacturing states, boasting a massive cluster of over 86 lakh Micro, Small, and Medium Enterprises (MSMEs), the largest in the country. The proactive approach of the Yogi government in developing a vast land bank near economic zones and expressways has attracted significant industrial opportunities to the state.
The image of the Uttar Pradesh government has evolved into one of policy-based governance in the industrial sector, both nationally and globally. With a population of 250 million and access to neighboring states with a population of approximately 425 million, Uttar Pradesh offers a vast consumer market, further enticing industrialists and businessmen to invest in the state.
In conclusion, Uttar Pradesh’s emergence as a prime destination for investments underscores the transformative leadership of Chief Minister Yogi Adityanath, setting a precedent for inclusive growth and development in the region.
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