SME Times News Bureau | 29 Jul, 2019
Union Minister for Home Affairs, Amit Shah
inaugurated the Second Ground Breaking Ceremony of the UP Investors Summit, in
Lucknow on Sunday.
He laid the foundation stone of over 250 projects
worth Rs. 65,000 crores. Chief Minister of Uttar Pradesh, Yogi Adityanath also
graced the occasion along with other dignitaries and Industry stalwarts.
Speaking on the occasion, Shah said that Prime
Minister Shri Narendra Modi has seen a dream of a ‘New India’ which will be a
$5 trillion economy and a model of Good Governance for the world. He quoted
Prime Minister’s vision of ‘Transforming India’ to touch each citizen’s life
and make India one of the top three economies in the world.
He added that Shri Modi dreams with his eyes open
and those who do that do not sleep till their dream is achieved. Within last 5
years, Indian economy has jumped from 11th position to 6th
position at global level under the Prime Minister’s leadership which is
unprecedented in independent India’s history, he added.
The Home Minister also cited the proactive steps
taken by the Union Government for facilitating Ease of Doing Business by
establishing a model of good governance.
He said that reforms like ‘GST – One Nation, One
Tax’, simplification of laws, competition among states on their Ease of Doing Business
rankings etc. have contributed in bringing the economy back on track and led to
significant increase in FDIs.
Within last five years, India has climbed up from
142 to 77 on the World Bank’s Ease of Doing Business rankings, he added.
Addressing the gathering, Yogi Adityanath thanked
the Prime Minister, Shri Narendra Modi for laying down the vision of developing
India into a $5 trillion economy.
He assured the global investors that the UP
Government would facilitate ease of doing business and security of investment
to realize PM’s vision.
Adityanath envisioned Uttar Pradesh as the most
favoured destination for global investments and become a $1Trillion economy in
the next 5 years.
During the event, there are sessions on food
processing, defence and aerospace manufacturing, electronics manufacturing,
tourism and film, electric mobility, power and renewable energy. A CEO Round
Table and Business-to-Government meeting will take place followed by an award
ceremony.