Uttar Pradesh's Transformation into an Investor's Dream: Adityanath

Chief Minister Yogi Adityanath asserted that Uttar Pradesh lacked a conducive business environment before his government took charge in 2017. He distributed Rs 1,333 crore in incentives to 32 industrial units and highlighted the state's new policies aimed at fostering investment and reducing crime.

Chief Minister Yogi Adityanath on Friday said Uttar Pradesh's pre-2017 environment was not conducive for setting up businesses, attributing this to previous governments' limited interests and lack of vision.

At a function in Lok Bhavan, he distributed Rs 1,333 crore in incentives to 32 industrial units and issued Letters of Comfort to 10 units for investments totaling over Rs 4,500 crore.

Adityanath claimed prior administrations were focused solely on retaining power, but his government has shifted this focus to fostering investment and reducing crime, turning Uttar Pradesh into a top destination for investors.

He cited the success of the February 2023 Global Investors Summit, which secured over Rs 40 lakh crore in investment proposals, with Rs 10 lakh crore already realized.

Emphasizing improved business conditions and a zero-tolerance policy on crime, Adityanath said the state is now aligned with Prime Minister Narendra Modi's vision of a developed India by 2047.

(With inputs from agencies.)