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Invest in UP, its law-and-order situation has improved, says CM Yogi Adityanath

In an interaction with industry captains in Mumbai on Friday, UP CM said such a conducive atmosphere did not exist in the state a year ago

Updated on: Dec 23, 2017, 12:55:25 IST
Hindustan Times | By , Mumbai
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Uttar Pradesh chief minister Yogi Adityanath on Friday invited investors to his state saying that the law and order there has improved drastically and bureaucratic red-tapism has been controlled.

UP CM Yogi Adityanath at UP Investors Summit at a Nariman Point hotel on Friday. (Anshuman Poyrekar/HT)
UP CM Yogi Adityanath at UP Investors Summit at a Nariman Point hotel on Friday. (Anshuman Poyrekar/HT)

In an interaction with industry captains, organised jointly by UP government and Confederation of Indian Industry (CII), at Mumbai, Adityanath said such an atmosphere didn’t exist in UP a year ago. “A year ago, if we talked of investing in Uttar Pradesh, investors used to get frightened owing to the law and order situation. However, ever since I took over, there has been a positive environment,” said Adityanath.

He said the two main hurdles have been resolved. “First, the bureaucratic red-tapism drove away investors and even if some survived that, the prevailing law and order became a big problem,” rued Adityanath. “We tackled both as we have zero tolerance to both crime and corruption. We destroyed the mafia raj.”

The UP CM said his government also introduced a single-window approval system in the CM’s office and started a new cell to attract investments. He added that the aim was to provide employment and remove regional imbalances. “We are repealing 1,200 obsolete laws and easing labour laws,” he added.

Adityanath also talked of various initiatives like the new industrial policy, Made In UP initiative, host of industrial parks, dedicated freight corridors and incentives to investors.

The seminar was a precursor to the Investors Summit 2018 that will be held in Lucknow on February 21 and 22, 2018.

The seminar was attended by various industrialists and Bollywood personalities. Actor Randeep Hooda endorsed the law and order situation in UP. “One of my friends was attacked in Uttar Pradesh and when I tweeted this incident to the Chief Minister’s office, the goons were caught within hours,” said Hooda.

The seminar was organised by Confederation of Indian Industry (CII) to promote investment in the state. The new policy promises largesse like incentives linked to employment generation, sops in stamp duty, tax sops as well as allotment of subsidized rates. Currently the development of Uttar Pradesh has been haphazard as except for areas like Noida most of the other parts remain undeveloped. The state has been trying to attract investments. In the past, former chief ministers Mayawati and Akhilesh Yadav have visited Mumbai and tried to woo industrialists by showcasing their achievements.

  • Naresh Kamath
    ABOUT THE AUTHOR
    Naresh Kamath

    Naresh is a Special Correspondent with Hindustan Times, Mumbai, since 2005. He covers the real estate sector, in addition to doing political reportage.

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