The Uttar Pradesh government, which signed MoUs worth more than Rs 38 lakh crore during the Global Investors Summit in February this year, is gearing up to bring the investments to the ground through the Ground Breaking Ceremony (GBC).
The Yogi government had set a target for all the departments for the Ground Breaking Ceremony, against which till now there are more than 8,000 projects worth about Rs 6.80 lakh crore absolutely ready to get off the ground through the GBC.
Of these, there are more than 6,000 projects for which MoUs have been signed, while about 2,000 are projects for which MoUs have not been signed.
Once the projects see the light of day, scores of youths of Uttar Pradesh will get employment.
It is noteworthy that the UP government has shortlisted about 8,000 MoUs for GBC, whose total investment potential is more than Rs 9 lakh crore. The Yogi government has so far signed more than 26,000 MoUs, through which investment of more than Rs 38 lakh crore will be made in Uttar Pradesh. It is likely to create more than one crore jobs in the state.
Cane Development and Sugar Industry have achieved more than 102 per cent of the target with projects worth Rs 1285 crore whereas Energy has achieved a 101 per cent target with Rs 38,000 crore and Civil Aviation has achieved a 100 per cent target with projects worth Rs 4,000 crore ready for GBC.
(With inputs from ANI)
