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UP attracts over Rs 50 lakh cr in investments in a decade: CM

Uttar Pradesh Chief Minister Yogi Adityanath on Thursday said that the state had established itself in Ease of Doing Business, “Fearless Business” and “Trust of Doing Business”, and ranked first in the country in deregulation. Highlighting the state’s industrial expansion, he said the number of factories had increased from 14,000 to 35,000, while the number of micro, small and medium enterprises (MSMEs) had reached one crore. The number of startups had also grown from 120 to 25,000, he added. Referring to the state’s enforcement measures against illegal activities, Adityanath said the bulldozer had become a “brand of Uttar Pradesh”. He added that manufacturing products such as bulldozers and tractors in the state would help meet growing demand in domestic and international markets.Adityanath said Uttar Pradesh had moved beyond the category of underdeveloped states and emerged as one of the country’s three largest economies, while pursuing the target of becoming a $1 trillion economy.

Earlier, he virtually laid the foundation stone for a tractor manufacturing plant in the Yamuna Expressway Industrial Development Authority (YEIDA) area of Jewar in Noida, with the project expected to generate around 1,200 direct jobs.The chief minister attributed the rise in investments to improvements in the state’s law-and-order situation and the government’s zero-tolerance policy towards crime. He also credited the support of local farmers and public representatives for opening up new avenues of development in the region.

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