Stating that the Government of Uttar Pradesh has envisioned far-sighted policies and implemented those, President Murmu said as a result, it is capable and ready to play the role of growth engine of New India. Addressing the Valedictory Session of UP Global Investors Summit-2023 in Lucknow, she said that through this Summit, an investment of about rupees 35.5 lakh crore is estimated in Uttar Pradesh which is expected to provide employment opportunities to lakhs of people.
Underlining the fact that political stability and continuity of administration prove very helpful for investors, the President said that at present, Uttar Pradesh has a stable and decision-making government. She noted that Uttar Pradesh has about 95 lakh MSMEs which is the highest number of MSMEs in the country.
She said that apart from being the backbone of the country’s industries, MSMEs also provide the largest number of employment opportunities after the agriculture sector. She expressed confidence that the MSME sector of Uttar Pradesh will play a major role in the economic development of India.
The President said that it is a matter of happiness that in achieving the goal of making India a five trillion dollar economy, Uttar Pradesh has resolved to make Uttar Pradesh a one trillion dollar economy. Uttar Pradesh would contribute towards one fifth of India’s economy. She said that efforts to boost the economy in Uttar Pradesh would also strengthen the Atmanirbhar Bharat Abhiyan.
She noted that infrastructure is being developed very fast in Uttar Pradesh. She said that India’s self-reliance in defence would get a boost by the development of Defence Corridor in Uttar Pradesh. This would also bring investment and generate employment.
The President said that in the growing investment climate, the culture of self-employment gets a boost. She noted that efforts are being made for the start-up revolution in Uttar Pradesh. She expressed confidence that Uttar Pradesh would also have a leading position in the field of self-employment by these efforts.
