UP CM Yogi unveils Rs 1,170 cr Pepsico bottling plant in Gorakhpur
Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said the state’s strong security environment and zero-tolerance policy towards crime have upset those who once saw crime as a profession.
The Chief Minister was speaking at the inauguration of a new soft drink bottling and dairy plant by Varun Beverages, a franchisee of PepsiCo, which was set up with an investment of Rs 1,170 crore near the Gorakhpur Link Expressway.
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“The state’s strong security environment and zero-tolerance policy towards crime have alarmed those who once saw crime as a profession. Investments only flourish in a safe environment. If people don’t feel safe, their capital won’t be safe either,” he says. said.
Stating that Prime Minister Narendra Modi has appealed to the youth to focus more on entrepreneurship rather than jobs, he said entrepreneurship is the most important medium to get more job opportunities.
Adityanath said developed countries have prioritized entrepreneurship, research and innovation, adding investments to create crucial employment opportunities for the youth and help fulfill people’s aspirations.
He claimed that Uttar Pradesh has emerged as a prime investment destination in the last seven years, thanks to improved security and law and order policies.
“The government is committed to maintaining zero tolerance towards crime because ensuring safety now is essential to securing a better future,” he said.
The Prime Minister shared insights on his government’s investment initiatives since he first came to power in 2017.
Adityanath recalled that a special team had been set up to explore investment opportunities in Uttar Pradesh, which initially predicted that the state could attract Rs 20,000 crore in investments.
He said efforts resulted in attracting investment proposals totaling Rs 40 lakh crore at the Global Investors Summit in February 2023.
The recent ground-breaking ceremony, attended by Prime Minister Modi, laid the foundation for investment proposals worth Rs 10 lakh crore.
Adityanath said another Rs 10 lakh crore of investment proposals are in the pipeline and ready to be implemented.
“Earlier, many young people were forced to look for jobs in cities like Bengaluru, Mumbai, Kolkata, Hyderabad or even abroad in places like Thailand and Singapore. Now they can find jobs and employment closer to home. But this change did not happen overnight,” he said.
The Chief Minister further said that the Nivesh Mitra portal acts as a single window system for over 450 NOCs while investment MoUs are monitored through Nivesh Sarathi.
There is also an online incentive system for the investors and CM Fellow has been appointed to address any issues they face, he said.
Describing Uttar Pradesh as the best destination for investments, Adityanath said, The government is continuously encouraging start-ups and industries along with jobs. Young people get good opportunities in every area. 6.5 lakh youth have been given government jobs in the state while two crore employment has been secured in the MSME industry and 60 lakh youth have been linked to self-employment.
(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)
First publication: September 30, 2024 | 12:43 pm IST