LUCKNOW: Chief Minister Yogi Adityanath has issued instructions for preparations of the fifth Groundbreaking Ceremony (GBC) in November, featuring private investment projects worth over Rs 5 lakh crore.
Chairing a high-level meeting of the Industrial Development Department, he noted that four GBCs held in the past 8.5 years had already implemented projects worth Rs 15 lakh crore, creating jobs for more than 60 lakh youth. He instructed departments concerned to ensure timely implementation and regular monitoring of every investment proposal.
While reviewing proposals for land allocation to various private industrial units, the Chief Minister instructed the officials concerned to carry out the process of land acquisition in harmony.
“Everyone has an emotional bond with their land; it is their lifelong capital. If land has to be acquired in the interest of the state, they must receive fair compensation. There should not be a single complaint of exploitation. With dialogue and coordination, this task can be easily achieved. All industrial development authorities should consider increasing the current compensation rates for land acquisition as per the needs of their region. This is the need of the hour and in the farmers’ best interest”, the CM stated.
Emphasising export promotion, Chief Minister Yogi Adityanath called for developing a FinTech hub in Noida, Greater Noida, or the Yamuna Authority region, with large banking institutions setting up offices there. He stressed the need for focused efforts to boost electronic product exports.
The CM also directed the officials concerned to cancel industrial land allotments if left underutilised for three years and to reallocate to other investors.
Chief Minister Yogi Adityanath stressed the need to make the Nivesh Mitra and Nivesh Sarathi portals simpler and more user-friendly, ensuring that investors—big or small—do not have to visit government offices.
He also directed the authorities concerned to ensure that the GST reforms taking effect from September 22 should benefit every citizen, expressing confidence that they would directly help the common man.
At the meeting, the Chief Minister also discussed the plan to develop special employment zones dedicated to Sardar Vallabhbhai Patel in every district. He said that step by step, these employment zones must be developed in at least 100 acres in every district, and land availability for this must be ensured.
"These zones will become hubs for industry, investment, entrepreneurship, innovation, skill development, and employment. This plan will become a model for the entire country," he said.
The Chief Minister issued instructions to accelerate the process of labour reforms and to activate unused industrial plots.