Investment proposals worth Rs 40 lakh cr bear testimony to growing interest of investors in Uttar Pradesh: Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said the investment proposals worth Rs 40 lakh crore received during last years Global Investors Summit bear testimony to the growing interest of investors from across the globe in the stateThese proposals not only signify the states progress but also narrate its transformative development journey reflect the states progress and tell the story of its development journey he said while speaking at an eventOver the past seven years Uttar Pradesh has seen major changes that have improved its reputation both in India and around the world As a result investors from across the globe are now drawn to invest in the state Investment proposals Rs 40 lakh crore received during last yearrsquos Global Investors Summit bear testimony to the growing interest of investors from across the globe in the state he saidHe said earlier before BJP came to power the state was struggling with a damaged reputationThe state was known for riots criminal gangs political corruption and governance issues This led to a crisis for young people who faced a lack of jobs respect and security Festivals and celebrations were marked by fear with residents worried about violenceToday however the state is free from riots and lawlessness Previously investors hesitated to invest in UP and those who did often sought ways to leave Now the state has created a safe and stable environment that attracts businesses and provides new opportunities for its youth Adityanath notedThe chief minister highlighted that the recent Global Investor Summit showcased the statersquos economic potential to the nationGroundbreaking for projects worth Rs 12 lakh crore has already taken place from the committed proposals and at present investment proposals of Rs 10 lakh crore are readyHe emphasised that these investments are not only about economic growth but also represent vast job opportunities for the states youthUttar Pradesh now one of Indias leading state economies aims to achieve a USD 1 trillion economy by 2029 in line with Prime Minister Narendra Modis vision he saidThis secure environment has made Uttar Pradesh an attractive destination for investors and tourists alike Once a state facing an identity crisis is now catching the attention of people across India and the world who are eager to be part of its growth This transformation required significant policy changes by the state government to bring in new opportunities and foster a climate of safety and development he addedWith sectorspecific policies in place Uttar Pradesh now has 28 separate investment policies each tailored to welcome investors in various sectors Adityanath saidThe chief minister praised the glorious history of Uttar Pradesh highlighting the significance of its festivals particularly Dhanteras and DeepotsavHe said Dhanvantari the Hindu god of medicine was born in Varanasi the states oldest city and that this heritage is celebrated across the nationHe also mentioned that a grand Deepotsav would be held in Ayodhya on WednesdayThis event marks a significant occasion as it is the first major celebration since Ramlala took his place in his sacred abode after 500 years he addedThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever