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Modi in Lucknow Live: PM says UP is all set to be a $ 1 trillion dollar economy

PM Narendra Modi launched projects worth Rs 60,000 crore at a ceremony in Lucknow which was attended by industrialists like Adani Group chairman Gautam Adani and Essel Group’s Subhash Chandra. Here are the live updates:

By HT Correspondent | Jul 29, 2018 14:21 IST

Prime minister Narendra Modi launched projects worth Rs 60,000 crore at a ceremony in Lucknow on Sunday, sending out the message that the Yogi Adityanath government is working hard to develop the state and create new job avenues in Uttar Pradesh ahead of the 2019 Lok Sabha elections.

This ceremony, the first yet by the state government, will be held to implement 80 of the 1,045 memorandums of understanding (MoUs) signed at the Uttar Pradesh Investors’ Summit organised earlier this year. Here are the live updates:

2:10pm IST

PM Modi concludes address

“As an MP from Uttar Pradesh, i feel indebted to the state. I’m from the state... feel happy to come here,” says PM Modi, concluding his speech.

2:08 pm IST

Rs 60,000 crore investment just the beginning: Modi

Today’s 60,000 crore investment is just the beginning. As Yogi Adityanath was saying Rs 50, 000 crore too are ready to be implemented: Modi.

2:07pm IST

Urged industrialists to invest in agriculture: Modi

PM Modi says he told industrialists to increase investment in agriculture which at present stands at about 1%.

Have urged industry groups to form brain storming teams to think of ways to make investment in agriculture: Modi

2:05pm IST

Modi hits out at critics, says had 4 years against 70 years

PM Modi says he is surprised when people criticise him as he had only 4 years to achieve things against 70 years that others got.

Our ex-PM and leader Atal Bihari Vajpayee always said he wanted an India that is strong. Vajpayee ji had once said roads were like lines on one’s palm which would determine one’s fate. That’s why we are working on several big infrastructure projects: PM Modi

2:03pm IST

PM Modi speaks on overcoming energy deficit in UP

PM says there was 4.2 % energy deficit in 2013-14 which is now less than 1 %. He says power grids now won’t fail due to coal shortage.

PM highlights in last three years people have saved Rs 50, 000 crore in power bills and states that India has improved by 82 point in World Bank’s Ease of Getting Electricity ranking.

1:57pm IST

UP has immense potential in MSME sector, big hub of solar energy: PM

There is immense potential in UP’s MSME sector: PM Modi

He states that UP is focusing on power generation and working on green energy especially solar energy. He predicts UP is going to be big hub of solar energy.

1:56pm IST

Yogi govt working on holistic vision, inclusive action: PM Modi

PM Modi says that under chief minister Yogi Adityanath, UP has benefitted immensely as government is working on holistic vision and inclusive action.

1:55pm IST

Solutions and synchronisation key to development: Modi

PM Modi says solutions and synchronisation are the key to development and cities Digital India and Make in India as great examples.

India is fast becoming hub of mobile manufacturing and ranked number two now in this sector, Modi says.

He says UP is leading this change and notes that there are more than 50 mobile manufacturing units working in the state.

1:49pm IST

PM says investments to generate 2 lakh jobs

PM Modi says these investments will generate 2 lakh jobs. He says he had promised 22 crore people of UP he would return their love with interest.

These investments are part of our efforts to bring speed and transparency to our actions

He emphasised that his government is working on ‘Sabka saath, sabka vikas’.

1:46pm IST

PM Modi comments on meeting with industrialists

He says there are people who don’t want to get themselves photographed with any industrialist but there is hardly any who didn’t meet them on the sly. PM Modi says Gandhi nerver hesitated in meeting businessman Birla.

There is no problem in meeting anyone as long as the intentions are clear: Modi

1:45pm IST

UP is all set to be a $ 1 trillion economy now: PM Modi

There was a time when people considered investment to be a challenge but today’s function is proof of the sheer speed in which UP is progressing now: PM Modi

He says UP is all set to be a 1 trillion dollar economy now

1:14pm IST

Modi praises Yogi for balanced development of UP

PM Modi says Noida and Greater Noida are hubs of investment which is good but the entire state needs to develop.

Some call today’s event ground breaking ceremony but I call it record breaking ceremony for the sheer speed in which such projects were executed in just about no time and to translate intent to investment: Modi

1:38pm IST

Rs 60, 000 crore investments in just 5 months is great task: Modi

In five months this is the second time I am in UP meeting industry groups. I have been a chief minister too in the past and I know Rs 60, 000 crore investments in just 5 months is a great task executed by UP team. It has been a marvellous effort and crossing so may hurdles is great achievement: PM Modi

1:24pm IST

To lift people out of difficulties is the main objective of govt: PM

To lift people out of difficulties is the most important objective of a state and we have been trying to that for the past 4 years.

1:33pm IST

PM Modi addresses event

PM Modi says rains have set in the state which is good for agriculture but also brought in difficulties for some people.

1:20pm IST

UP among top 5 states in ease of doing business: Yogi Aditynath

The chief minister says Uttar Pradesh is now among top 5 states in ease of doing business.

Before March 2017, industries were wanting to move out of state but we have managed to bring about a transformation in just one year, says Yogi, adding that UP will effectively play the role of country’s growth engine.

Of Rs 60, 000 crore investment, 51% has been in West UP ,27% in central UP and 22% in Purvanchal or east UP: Uttar Pradesh CM

He also extends invitation to industry groups for Kumbh 2019 and NRI meet in Varanasi.

1:13pm IST

CM Yogi Adityanath starts address

CM Adityanath says Rs 60, 000 crore investment in Uttar Pradesh is a befitting answer to critics like BSP and SP.

He says BSP government in five years could manage investment worth Rs 57,000 crore while SP could manage just Rs 50, 000 crore but in contrast his government has gone ahead to make investments of Rs 60, 000 crore in one year.

12:30pm IST

Gautam Adani speaks at the event

Adani Group chairman Gautam Adani says “It’s remarkable that in just five months UP has been able to translate into reality commitments pledged barely 5 months back.”

“UP is a state of countless possibilities,” he says.

12:17pm IST

PM Modi arrives at the venue

Uttar Pradesh chief minister Yogi Adityanath welcomes Prime Minsiter Narendra Modi at the venue.