To make Uttar Pradesh an ideal state, the Yogi government is making every possible effort. Through the Ground Breaking Ceremony (GBC), the government aims to give another gift of development to UP, and for this purpose, it has prepared projects worth nearly 6.80 lakh crore rupees. It’s worth mentioning that more than 6,000 MOUs (Memorandums of Understanding) for projects have been readied for the GBC event. Additionally, over 1,750 non-MOU projects are also ready for the GBC.
Following the record-breaking Global Investors Summit held in February, which attracted investments of more than 38 lakh crore rupees, the Yogi government is now ready to bring these investments to the ground through the Ground Breaking Ceremony (GBC). The government had set targets for all departments, and as a result, projects worth approximately 6.80 lakh crore rupees are now prepared for the GBC event.
More than 8,000 MOUs have been shortlisted for the GBC, with a cumulative investment capacity of over 9 lakh crore rupees. To date, the government has already signed over 26,000 MOUs, which have the potential to attract investments of more than 38 lakh crore rupees, which could create over a million jobs in the state.
The highest investment capacity in this effort has come from the Additional Source of Energy. Among the 33 departments that were given targets of bringing more than 9 lakh crore rupees worth of MOUs to the GBC, this department has successfully achieved over 1 lakh crore rupees in potential investments. Out of the 503 MOUs issued, 111 projects worth over 1.04 lakh crore rupees are now ready for the GBC, surpassing 83% of the set target.
Similarly, Uttar Pradesh State Industrial Development Authority (UPSIDA) has also readied MOUs for projects exceeding 94,000 crore rupees for the GBC. Of the 625 MOUs issued by UPSIDA, those with an investment capacity of more than 3.45 lakh crore rupees are ready for the GBC. UPSIDA is successful in achieving more than 47% of the set target.
Moreover, Noida Authority has also prepared MOUs for projects exceeding 54,000 crore rupees for the GBC. Out of the 426 MOUs issued by Noida Authority, those with an investment capacity of over 1 lakh crore rupees are now ready for the GBC, achieving more than 61% of the set target.
Higher Education has contributed significantly as well, with 51,000 crore rupees worth of 257 projects now prepared for the GBC. Out of the 95 MOUs issued by Higher Education, those with an investment capacity of over 2.63 lakh crore rupees are ready for the GBC, surpassing 81% of the set target.
This substantial investment readiness extends to IT and Electronics, Horticulture, and other sectors, where several projects with significant investment potential are now set to be part of the GBC.
The Basic Education Department has achieved an impressive 800% of its 63 crore rupees target by preparing projects worth approximately 900 crore rupees for the GBC. Similarly, the Technical Education Department has surpassed its 4500 crore rupees target by preparing projects exceeding 5200 crore rupees for the GBC, which is over 115% of the set target.
In conclusion, the Yogi government is determined to propel Uttar Pradesh towards becoming an ideal state by mobilizing extensive investments through the Ground Breaking Ceremony, fostering economic growth, and generating abundant employment opportunities.
