CM Yogi prepares master plan to increase investment and employment
CM Yogi prepares master plan to increase investment and employment
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The Yogi government, which is trying to bring Uttar Pradesh's industry and economy back on track amid lockdown and corona transition, has taken important decisions. To encourage investment and employment generation, the UP government is going to set up a new Investment and Employment Promotion Association (Investment Promotion and Facilitation Agency). The president of this institution will be the Chief Minister himself, while the Minister for Industrial Development and the Minister for Micro Small and Medium Enterprises (MSME) will take over the responsibility of the vice-president. The organization will work exclusively on employment generation of migrant laborers.

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Till now the continuous efforts were going on to attract investment in Uttar Pradesh, due to Corona infection, they have suffered a major setback. Here, ten to fifteen lakh migrant workers have returned to Uttar Pradesh due to the lockdown, which the government has promised to provide employment. Therefore, the government is busy in preparing its action plan. In this sequence, Chief Minister Yogi Adityanath directed that a more efficient institution be strengthened by strengthening the industry brothers. This institution will work for employment generation and investment attraction and promotion especially for migrant laborers.

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On this matter, Principal Secretary Industrial Development Alok Kumar said that it has been decided to set up an investment and employment promotion institution. It will be headed by the Chief Minister, while the Minister for Industrial Development and the Minister of MSME and Investment Promotion will be in the role of Vice-Chairman. The board of the institution will include experts from various industrial and commercial sectors besides high officials of the respective departments. He said that a proposal was sent in this regard by Invest India, an organization of the Government of India. This agency will be established soon incorporating its suggestions.

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