President Ram Nath Kovind seeks both economic & emotional investment in Uttar Pradesh

President Ram Nath Kovind exhorted them to be a part of state’s growth story as it had immense potential to become one of the biggest economies and growth engine of the country in right earnest.
President Ram Nath Kovind (File | PTI)
President Ram Nath Kovind (File | PTI)

LUCKNOW: Seeking the investors to make not only the economic but also emotional investment in Uttar Pradesh, President Ram Nath Kovind exhorted them to be a part of state’s growth story as it had immense potential to become one of the biggest economies and growth engine of the country in right earnest.

The president was speaking at the valedictory function of the two-day UP Investors’ Summit-2018 which concluded here on Thursday.

Calling UP the third biggest economic state of India, the president referred to its abundant geographical, demographical and human resources which made it a potential destination for investment. While he called UP a true custodian of rich cultural heritage of the country, he also acknowledged the political importance of the state which had sent at least nine PMs to the nation.

The president attributed the encouraging response and the interest of the investor to the conviction and will shown by state government. He also appreciated the efforts of Yogi Adityanath government to create an industry-investor-friendly atmosphere in the state by taking steps to improve law and order and promise to minimise procedural hurdles.

Kovind also congratulated CM Yogi Adityanath for organising such a big ticket event successfully hoping that the summit would prove to be the foundation of state’s economic growth.

While CM Yogi Adityanath expressed gratitude to the investors for showing confidence and signing over 1000 MoUs worth Rs 4.28 lakh, he also assured them all support in terms of security and logistics.

He promised to minimize bureaucratic red-tapism with easy and speedy clearance to the projects through single window clearance portal—Nivesh Mitra—launched on Wednesday.

Meanwhile, present in the concluding ceremony of the summit, Union Finance Minister Arun Jaitley expressed hope that investors’ summit would prove to be a stepping stone for the UP government in its endeavour to change the agenda making it development and growth-oriented.

State Governor Ram Naik also appreciated the efforts of the entire government machinery in making the two day mage event a roaring success.

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