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PM Modi announces Rs 20000-crore defence corridor for Bundelkhand

PM Modi announces Rs 20000-crore defence corridor for Bundelkhand

Prime Minister Narendra Modi on Wednesday inaugurated the two-day UP investors summit in Lucknow. "The ministry of home affairs has liberalised the Arms Rules to boost "Make in India" manufacturing policy of the Government as also to promote employment generation in the field of manufacturing of arms and ammunition in the country". Other top industrialists like Gautam Adani, Anand Mahindra, Subhash Chandra, N. Chandrasekaran, Kumar Mangalam Birla and Shobana Kamineni will also speak during different sessions.

In the last 15 years, there were never such serious discussions and now development has staged a strong comeback, the Union minister said.

The mega event is being organised to bring together heads of states and governments, ministers, leaders from the corporate world, senior policy makers, heads of worldwide institutions and academicians from around the world to further the cause of economic development in the state and promote cooperation to pave way for better investments, according to an official statement.

The Prime Minister said global airports would come up in Jewar and Kushinagar.

He said the Union Government's schemes such as Skill India Mission, Stand Up India, Start Up India and Pradhan Mantri Mudra Yojana, will prove useful in implementing the "One District, One Product" scheme.

Modi said he was sure the Yogi Adityanath government will ensure that all the memorandums of understanding (MoUs) involving an estimated investment of Rs 4.28 lakh crore signed ahead of the summit will be implemented soon.

India Stepping to Win T20 Series
Both Pandey and Dhoni brought up their second fifties respectively as they helped India to get a good score of 188-4 in 20 overs. Not even Dala who came for a second spell after his first two produced two wickets at the cost of just eight runs.

CM Yogi Adityanath addressed the delegates in the summit.

"This will help us in doubling the farmers income by 2022", he added.

Mukesh Ambani also raised the point of Namami Gange Project and also confirmed the key role of Reliance foundations in the project. Announcing an investment of another Rs 10,000 crore through Jio in the next three years, Ambani also said that over 2 crore Jio phones will be made available in UP in the next two months on a priority basis.

Adani said, "the group will also actively participate in road and metro projects".

The size of state gives huge opportunities to investors to expand their business and invest in UP. This is why UP should compete with other countries, not states. "After agriculture, MSME sector offers the highest possibility of employment", he said, adding that there are 50 lakh MSMEs operational in the state which have also earned the state name at the national and global level. "The path of development agenda requires policy, planning, performance to bring progress and both Chief Minister Yogi Adityanath and the people of the State are ready to give their "super hit" performance". While President Ram Nath Kovind Will be addressing the closing day of the Summit on Thursday.


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