LUCKNOW: President Droupadi Murumu said here that Uttar Pradesh would give a decisive push to India’s economic growth in the ‘Amrit Kaal’ (75th year) of country’s independence even as the state government signed MoUs worth Rs 33.5 lakh crore at the three-day Uttar Pradesh Global Investors Summit-2023 (GIS-23) which concluded on Sunday.
This is the highest investment proposal received by any state government, said a government spokesperson. The ‘Invest Madhya Pradesh’ summit held in Indore in January this year had received proposals worth Rs 15.42 lakh crore. Similarly, the total worth of MoUs signed at Rajasthan investors summit in October last year was approximately Rs 11 lakh crore. UP’s first investors summit in 2018, logged Rs 4.85-crore proposals.
Speaking at the valedictory ceremony of the event on Sunday, President Murmu congratulated CM Yogi Adityanath for holding a very successful summit saying she was glad to note that many countries showed their interest in the growth and development of the state. The CM said that the investment generated at the GIS would be able to create more than 93 lakh jobs.
At the inaugural ceremony, Yogi had announced that the total value of MoUs signed by the state government was Rs 32.9 lakh crore on the basis of proposals received during roadshows held in 16 countries, eight states in India and all 75 districts of the state. But several big proposals, notably by RIL chief Mukesh Ambani and Aditya Birla Group chairman Kumar Mangalam Birla, were announced. “UP, which is at the top population wise, is also the first in the country in economic contributions. I appreciate farmers and entrepreneurs of the state for this. To play the role of India’s growth engine, UP is ‘saksham’ (capable) and ‘taiyyar’ (ready),” Murmu said.
M urmu said that UP will lend the decisive push to the country’s economic growth in the ‘Amrit kaal’ (75th year) of India’s independence. Terming the land of UP as ‘Annapurna’, Murmu termed UP farmers as the “actual Annadata” of the country. “I come from a farmers’ family and understand the role of the agricultural sector in the economic growth of the country,” she said. The President said that she was also delighted to know that the UP government was taking due steps to promote the millets. She said that the prevailing “political stability” at the Centre and state were crucial for a sustained investment and industrial growth. Murmu lauded the state government for framing pro-investment policies and ensuring their implementation at the ground level.
She categorically lauded the “visionary” policies of the UP government which have armed the state to assume a prominent role in lending the economic push to the country. “The efforts made by the farmers and industrialists of the state were also commendable,” she said. “This would surely make UP play a key role in making India USD 5 trillion economy,” she said, adding that the boost of infrastructure will not only help the citizens but also the investors. The President said that it was heartening to note that the objectives of “sustainable and inclusive” growth, which were also the core highlights of the Union Budget 2023-24, were part of the GIS.
“This will also strengthen the government’s resolve to take the state to new heights by getting big investments,” she said. The President noted that several efforts are being made by the state government to maintain a balance between development and environment. Efforts such as development of renewable energy and green energy corridors, and energy transition under the National Green Hydrogen Mission would help India in achieving the target of net-zero emission, she said. In the growing investment climate, the culture of selfemployment gets a boost, the president said, adding that efforts are being made for bringing a start-up revolution in the state.
Noting the efforts to make Uttar Pradesh a preferred investment destination, she expressed confidence that the state would gain global fame as the “best investment state”. She said if Uttar Pradesh becomes more prosperous, India would also be more prosperous. “The way in which Uttar Pradesh was appreciated worldwide for organising the ‘Mahakumbh’, the same way it will be acknowledged for holding ‘investors Mahakumbh’ in the state,” Murmu said.

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