UP prepares for fifth GBC to roll out projects worth Rs.7.5 lakh crore
LUCKNOW, March 21 -- The Uttar Pradesh government is preparing to organise its fifth Ground Breaking Ceremony (GBC) to implement projects worth Rs.7.5 lakh crore.
The government said projects worth Rs.15 lakh crore have already been rolled out through four previous GBCs, attributing the progress to its governance model over the past nine years under chief minister Yogi Adityanath, according to an official statement.
The government has followed the mantra of 'Reform, Perform and Transform', giving the state a new identity on the investment map. Uttar Pradesh was lagging significantly in investment and entrepreneurship when the Yogi Adityanath-led government assumed office in 2017. A structured and point-wise strategy was developed to improve the situation. The first step focused on systematic reforms, followed by effective policy implementation through performance, and ultimately transforming the state's overall image, the statement said.
A clear roadmap was prepared for every sector, and the investment process was made transparent and faster in an industry-friendly atmosphere. Obstacles in the path of investment and industry were identified, and under Ease of Doing Business, 99% of minor criminal provisions across 13 Acts were removed, making business operations simpler, according to the statement.
Creating an investment-friendly environment was not limited to improving law and order. Rapid expansion of infrastructure such as expressways, airports, and logistics networks ensured the availability of essential facilities for investors. Plug-and-play facilities for industries and deregulation reforms were also implemented. As a result, since the formation of the current government, Uttar Pradesh has received investment proposals worth more than Rs.50 lakh crore, the statement added....
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