UP to hold ground breaking ceremony in Aug

by IANS |

Lucknow, March 10 (IANS) 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 elections.

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.

During the 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.

Officials 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 spokesperson.

"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.

An 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 departments.

Officials of the level of special secretary and above have been given the responsibility of monitoring the investments sector wise.

A call centre will also be started soon to assist foreign investors.

Latest News
IPL 2024: 'Sai Kishore did not expect I will go after him off the first ball', says CSK's Shivam Dube Fri, Mar 29, 2024, 03:55 PM
Talks with Ukrainian FM focused on conflict with Russia, says EAM Jaishankar Fri, Mar 29, 2024, 03:49 PM
Started my career on shop floor of auto plant: Anand Mahindra to Elon Musk Fri, Mar 29, 2024, 03:42 PM
Chinese military offers help to Pakistan to curb terrorism Fri, Mar 29, 2024, 03:39 PM
Kangana Ranaut holds roadshow in Mandi, responds to Supriya Shrinate's 'bhao' jibe Fri, Mar 29, 2024, 03:36 PM
CPI tries to revive itself by launching ex-IPS officer in UP's Faizabad Fri, Mar 29, 2024, 03:29 PM
Mandya in Karnataka to witness mega clash between Kumaraswamy and Star Chandru Fri, Mar 29, 2024, 03:26 PM
I-T seizes unaccounted cash from Kolkata bizman's office Fri, Mar 29, 2024, 03:24 PM
Byju's EGM on rights issue ends sans objections, dissenting investors skip meet Fri, Mar 29, 2024, 03:12 PM
Anti-abuse provisions should not be used in receipt of capital from credible investors: Experts Fri, Mar 29, 2024, 03:09 PM
UP: Kamaal R Khan's brother to contest from Saharanpur on BSP ticket Fri, Mar 29, 2024, 02:59 PM
Pakistan: Alarm bells ring as judicial bodies gear up to protect their judges against 'targeted assault' Fri, Mar 29, 2024, 02:50 PM
Judicial probe ordered in Mukhtar Ansari's death Fri, Mar 29, 2024, 02:46 PM
Stories come knocking, characters start whispering to me: Filmmaker Rima Das Fri, Mar 29, 2024, 02:45 PM
Magisterial probe ordered into Mukhtar Ansari's death Fri, Mar 29, 2024, 12:52 PM