UP is investor-friendly state; has set a new export record in MSME sector: Yogi Adityanath

UP is investor-friendly state; has set a new export record in MSME sector: Yogi Adityanath

AgenciesUpdated: Friday, November 26, 2021, 02:11 PM IST
article-image
Factors such as improvement in law and order situation, better reforms, and ease of doing business have helped the state attain a leading position as an investor-friendly destination / Uttar Pradesh Chief Minister Yogi Aditynath |

Uttar Pradesh Chief Minister Yogi Aditynath Friday lauded the achievements of his government in the fields of industrialisation and financial growth and claimed that improvement in law and order and reforms have helped the state scale up to the number two position in the country in the last five years.

Uttar Pradesh is now one of the most investor friendly states in the country, where an investor has no longer to worry either about his personal safety and security or that of his investments, he said at a prgramme here.

"The change that took place in Uttar Pradesh in the last five years is clearly visible on the ground. Factors such as improvement in law and order situation, better reforms and ease of doing business have helped the state attain a leading position as an investor friendly destination and to drive the country's economy," he said addressing the annual session of the Indian Chamber of Commerce virtually.

During 2015-16 Uttar Pradesh was in the sixth position in the country in terms of the financial system parameters. It has jumped to the ''second or third positions'' in the last five years, he said.

Adityanath had assumed office in March 2017 and election to the most populous state of the country is due next year. "In terms of implementation of central schemes, Uttar Pradesh was earlier either in the 25th or 30th position. Now in respect of at least 44 central schemes, it is in the number one position. Earlier, we had only two expressways, but now we have five new ones. Uttar Pradesh will soon be the only state in the country with five international airports," he said.

The chief minister also claimed that the state had set a new export record in the MSME sector.

"Uttar Pradesh had recorded exports in MSME sector worth 1.31 lakh crore. In terms of logistics, we are now in sixth place in the country," he added.

(With inputs from PTI)

RECENT STORIES

Sensex & Nifty Storm Back After RBI Cuts Interest Rates By 25 Basis Points In A Bid To Bolster...

Sensex & Nifty Storm Back After RBI Cuts Interest Rates By 25 Basis Points In A Bid To Bolster...

RBI Cuts Repo Rate By 25 bps As 2025 Ends, Could Homebuyers See Faster EMI Relief If Banks Pass On...

RBI Cuts Repo Rate By 25 bps As 2025 Ends, Could Homebuyers See Faster EMI Relief If Banks Pass On...

Hospital Chain Operator, Park Medi World, Fixes Price Band For Upcoming IPO, Valuing The Company At...

Hospital Chain Operator, Park Medi World, Fixes Price Band For Upcoming IPO, Valuing The Company At...

Soap Scents & Savings Strategies: How A Consumer Goods Veteran Is Reprogramming Indian Finance

Soap Scents & Savings Strategies: How A Consumer Goods Veteran Is Reprogramming Indian Finance

RBI Cuts Repo Rate, Making Housing, Auto & Commercial Loans Cheaper

RBI Cuts Repo Rate, Making Housing, Auto & Commercial Loans Cheaper