PM attends the Ground Breaking Ceremony @3.0 of the UP Investors Summit at Lucknow
PM attends the Ground Breaking Ceremony @3.0 of the UP
Investors Summit at Lucknow
Lays foundation stone of 1406 projects worth more than Rs 80,000 crores
“Only our democratic India has the power to meet the parameters of a
trustworthy partner that the world is looking for today”
“Today the world is looking at India's potential as well as appreciating its
performance”
“We have laid emphasis on policy stability, coordination and
ease of doing business in the last 8 years”
“For
faster growth of Uttar Pradesh, our double engine government is working
together on infrastructure, investment and manufacturing”
“As a MP from the state, I have felt the capability and potential in the
administration and government of the state that the country expects from them”
“We are with development by policy, decisions and intention”
The
Prime Minister, Shri Narendra Modi attended the Ground Breaking Ceremony @3.0
of the UP Investors Summit at Lucknow today.
Why is it in news?
During
the Ground Breaking Ceremony, the Prime Minister laid the foundation stone of
1406 projects worth more than Rs 80,000 crores. The projects encompass diverse
sectors like Agriculture and Allied, IT and Electronics, MSME, Manufacturing,
Renewable Energy, Pharma, Tourism, Defence & Aerospace, Handloom &
Textiles etc. The ceremony was attended by top industry leaders of the country.
Chief Minister of Uttar Pradesh, Yogi Adityanath, Union Minister Shri Rajnath
Singh were among those present on the occasion.
Highlights
· Speaking on the occasion,
the Prime Minister thanked the investors for showing their faith in the
capability, dedication, hard work and understanding of the youth of Uttar
Pradesh. He also asked the industrialists to visit Kashi. “As a representative
of Kashi, I would urge you to visit my Kashi. Fact that Kashi, along with its
ancient glory can emerge into a new version of itself, is a living example of
the capabilities of Uttar Pradesh”, he added.
· The Prime Minister said
that proposals that were entered into today will create new possibilities in
Uttar Pradesh and reflect the growing confidence in the growth story of Uttar
Pradesh. “Only our democratic India has the power to meet the parameters of a
trustworthy partner that the world is looking for today. Today the world is
looking at India's potential as well as appreciating India's performance”, he
said.
· The Prime Minister informed
that India is the fastest growing of the G20 economies and is at number two in
the Global Retail Index. India is the third largest energy consumer country in
the world. Last year, a record FDI of $84 billion came from more than 100
countries of the world. India has created a new record by exporting merchandise
worth more than $ 417 billion i.e. 30 lakh crore rupees in the last financial
year, he informed.
· Referring to the completion
of 8 years of the NDA government at the centre, the Prime Minister pointed out
that “over the years we have moved ahead with the mantra of Reform-Perform-Transform.
We have laid emphasis on Policy Stability, Emphasis on Coordination, Emphasis
on Ease of Doing Business”.
· He illustrated the point
further by talking about the reforms that are uniting the entire country as one
nation. He said “we have worked to strengthen India as one nation with our
reforms. One Nation-One Tax GST, One Nation-One Grid, One Nation-One Mobility
Card, One Nation-One Ration Card. These efforts are a reflection of our solid
and clear policies”, he added.
· Speaking about the strides
made in Uttar Pradesh after 2017, the Prime Minister said “for faster growth,
our double engine government is working together on infrastructure, investment
and manufacturing. The allocation of unprecedented capital expenditure of Rs
7.50 lakh crore in this year's budget is a step in this direction”, he said.
· He said that the improved
law and order situation has restored the confidence of the business community,
created a proper atmosphere for industry and improved the administrative
systems in the state. He said that as a MP from the state, he has felt the
capability and potential in the administration and government of the state that
the country expects from them. He complimented the changed mood and work
culture of the state machinery.
· Uttar Pradesh is home to
one fifth or one sixth population of the country, therefore it has a huge
bearing on the development of the country. Describing the inherent
strengths of Uttar Pradesh the Prime Minister said that nothing can stop the
state from moving on the path of development.
· He informed that in the
latest Budget, there was an announcement of a 5 KM chemical-free natural
farming corridor on both the banks of Ganga. Uttar Pradesh has 1100 KM of
Ganga River covering 25-30 districts. This will create huge opportunities for
natural farming. He said for the corporate world now is the golden opportunity
to invest in the agriculture sector.
· He said that PLI schemes
and allocation of 7.5 lakh crore rupees for capital expenditure will also
benefit the state. He also mentioned the defence corridor in the state as a
harbinger of new opportunities. Steps like modern PowerGrid, gas pipeline,
multi model connectivity, record number of expressways, strengthening of
connectivity of economic zones, modern railway infrastructure, Eastern and
western Dedicated Freight Corridor all are converging in Uttar Pradesh with a
promise of giving a new push to the development of Uttar Pradesh.
· The Prime Minister said
that in the last few years a new culture of delivering projects on time has
developed in the country. Citing the digital revolution as an example of this
tendency the Prime Minister reiterated the growth story of the country in
recent years.
· He informed that in 2014,
there were only 65 million broadband subscribers in our country. Today their
number has exceeded 78 crores. In 2014, one GB of data used to cost around Rs
200. Today its price has come down to Rs 11-12.
· India is one of the
countries in the world where data is so cheap. In 2014, less than 100 gram panchayats
in the country were connected with optical fiber.
· Today the number of gram
panchayats connected with optical fiber has also crossed two and a half lakhs.
Before 2014, we had only a few hundred start-ups. But today the number of
registered start-ups in the country is also reaching around 70 thousand.
Recently, India has also made a record of 100 unicorns. “We are with
development by policy, decisions and intention. We will all be with you
in your every endeavour and will support you every step of the way”, the Prime
Minister assured the investors and industrialists.
· The UP Investors Summit
2018 was held on 21st -22nd February 2018, with the first Ground Breaking
Ceremony being held on 29 July, 2018 and second Ground Breaking Ceremony on 28
July 2019. During the first Ground Breaking Ceremony, foundation of 81 projects
worth more than Rs 61,500 crore was laid, while in the second Ground Breaking
Ceremony, foundation of 290 projects with investments of more than Rs 67,000
crore was laid.