IANS | 10 Mar, 2023
The Uttar Pradesh government is planning to organise the ground-breaking
ceremony of proposals worth at least Rs 16 lakh crore received during
the Global Investors' Summit (GIS) in the second week of August.
The event will be a showcase for industrialisation and
development in the state as the country moves towards the 2024 general
Prime Minister Narendra Modi and several Central
ministers, along with investors from across the world will be invited to
the event, according to a state government spokesman.
three-day GIS held in February, the state government signed MoUs of Rs
34.09 lakh crore with both foreign and domestic investors.
The event was inaugurated by Modi while President Draupadi Murmu was the chief guest at the closing ceremony.
said preparations have already begun for the ground-breaking ceremony
and Indira Gandhi Pratishthan in Lucknow is among the venues being
considered for the programme.
"The government is holding talks
with investors with whom MoUs were signed during the GIS regarding their
participation in the ground-breaking ceremony," said the government
"Those who are ready to execute their investment
proposals immediately will be provided a platform through this ceremony.
Discussions have started with such investors and their names are likely
to be finalized soon," he said.
He said details regarding
proposals, land requirement, subsidies for each such investor were being
collected and added that directions had also been issued to all
development authorities and district magistrates to ensure availability
of land for the projects.
Various ministers have been tasked with
ensuring that projects are grounded. Each MoU that was signed under the
GIS umbrella is being monitored by senior officials.
Investment Implementation Unit is being set up in each department and
will be headed by a secretary level officer. These units will be
responsible for ensuring implementation of all MoUs signed under their
Officials of the level of special secretary and
above have been given the responsibility of monitoring the investments
A call centre will also be started soon to assist foreign investors.