Ritu Maheshwari
India Post News Service
PALO ALTO, CA: The Uttar Pradesh Global Investor Summit 2023 Roadshow was organized by the Consulate General of India, San Francisco, on December 15th to promote the upcoming UP Investor Summit in February 2023. Shri Suresh Khanna, Hon’ble Finance and Parliamentary Affairs Minister, Government of Uttar Pradesh (UP) headed the delegation which included Shri Siddhartha Nath Singh, Hon’ble Member of UP Legislative Council; Shri Awanish Kumar Awasthi, IAS, Advisor to Hon’ble Chief Minister, Government of UP; Shri Arvind Kumar, IAS, Infrastructure & Industrial Development Commissioner, Government of UP; Shri Amit Singh, Secretary to Hon’ble CM, Government of UP.
Dr. TV Nagendra Prasad, Consul General of India, San Francisco highlighted the investor-friendly policies and approach of the Indian government and said that UP government policies toward investors match those of Silicon Valley and is very conducive to starting new ventures.
Shri Suresh Khanna in his address said “2014 ushered in a new era in India. Hon’ble PM Shri Narendra Modiji emphasized Reform, Perform and Transform and UP has followed that policy. UP has shown major transformations and is now ranked 1 in the Good Governance Index”. He said that UP intends to become a trillion-dollar economy and has made many changes that can show stakeholders of its commitment towards safety, security, land availability, zero harassment, economic policies and incentives. Speaking on the Global Investors Summit 2023, he mentioned that Denmark, Singapore, the UK and Mauritius have already shown interest.
“There is no risk of change in policy due to the stable nature of the Government which creates an attractive opportunity for investors. We have floated policies in 25 sectors and will provide good governance and a single-window grievance cell. Uttar Pradesh has convenient conditions for investment”, he added.
Shri Siddharth Nath Singh, Hon’ble Member of the UP Legislative Council in his address said, when BJP came to power in 2017, there was a madness that existed in UP, and the method to this madness was created by Hon’ble CM Sri Yogi Adityanath. He stressed that the CM’s method is a success story that has doubled per capita income and made UP a leading state in terms of GDP.He highlighted examples of successful programs such as One District – One Product (ODOP) and SwachBharat.
Shri Arvind Kumar, IAS, Infrastructure & Industrial Development Commissioner, Government of UP said that Hon’ble PM Shri Narendra Modi has recognized the growth of UP and that the state has become a preferred destination for investment. He mentioned that UP will have to contribute USD 1 trillion to help India become a USD 5 trillion economy and highlighted improvements in export infrastructure such as inter-alia, making of dedicated freight corridors, 3 international airports, the largest railway network and 2nd largest network of roads. “Ease of doing business has improved as restrictive legislations have been uplifted; UP has achieved the top spot in the Good Governance Index 2021”, he said.
“If you are not in business with UP, then you are missing out on the potential of the largest state in India”, highlighted Shri Awanish Kumar Awasthi, Advisor to Hon’ble CM, Government of UP, in his remarks. He emphasized that UP is focusing on the rule of law and zero tolerance policy for any kind of criminal activity. He added that safety and security have become the backbone of the economic activity in UP and that every sector has been taken care of with 25+ policies amended to promote investment.
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