Uttar Pradesh Chief Minister Yogi Adityanath Launches Nivesh Mitra 3.0, Highlights Investor Confidence
In a significant move to bolster industrial growth, Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the upgraded single-window system, Nivesh Mitra 3.0, in Lucknow on Tuesday. During the launch event, Adityanath emphasized that the unwavering trust of investors stands as the state's most formidable asset, driving its economic transformation.
Complete Industrial Ecosystem and Global Appeal
Adityanath detailed that Uttar Pradesh now offers a comprehensive industrial ecosystem, integrating a strategic geographical location, world-class infrastructure, multimodal connectivity, a vast consumer market, and a skilled young workforce. He asserted that amidst global uncertainties, the state has emerged as one of the safest, most stable, and reliable destinations for investment worldwide.
The Chief Minister highlighted that Nivesh Mitra 3.0 is designed to streamline and enhance transparency in setting up industries, making the process more efficient for businesses. This initiative is part of broader reforms aimed at improving the ease of doing business in the state.
Substantial Investments and Employment Generation
During the program, incentives were distributed to 85 projects, while 45 companies received benefits and 62 companies were issued Letters of Comfort. Adityanath projected that these proposals are expected to attract investments of approximately Rs 50,000 crore and generate employment for nearly 50,000 young individuals, significantly boosting the state's economy.
He reiterated his government's commitment to accelerating investment proposals from Memorandums of Understanding (MoUs) to groundbreaking, ensuring that minor issues are resolved promptly without delays.
Transformation from Reluctance to Confidence
Reflecting on past challenges, Adityanath recalled a time when investors were hesitant to invest in Uttar Pradesh. In 2017, when business groups were invited, some expressed reluctance and even mocked the proposition, citing safety concerns as a major deterrent.
"We implemented a zero-tolerance policy against crime, which remains non-negotiable today and forms the backbone of Uttar Pradesh's growth narrative," Adityanath stated. He added that those difficult days are now behind, with the same business groups now actively seeking investment opportunities in the state.
Strong Stance on Industrial Safety and Support
Describing entrepreneurs as the backbone of the economy, Adityanath assured that their safety, dignity, and protection are top priorities for the government. He issued a stern warning against any disruptions to industrial activities, vowing strict action against those attempting to create obstacles, whether under the guise of trade unions or other pretexts.
"If criminals or mafia elements dare to interfere, they are essentially booking their ticket to Yamraj (the god of death)," Adityanath declared, underscoring the government's unwavering zero-tolerance approach to crime.
Demographic Advantages and Business Reforms
Adityanath pointed out that Uttar Pradesh boasts one of the best demographic dividends not only in India but globally, with a market-ready and industry-ready workforce. He also highlighted key reforms, such as the abolition of the complex land-use conversion process under Section 80, which simplifies approvals once a map is sanctioned under the master plan.
With the launch of Nivesh Mitra 3.0, over 530 services from more than 43 departments have been consolidated into fewer than 200 services. The platform features a PAN-based single user ID, dynamic common application form, AI chatbot, real-time tracking, automated alerts, and end-to-end online monitoring. It is integrated with the National Single Window System, IGRS, and the GIS land bank.
Expanding Infrastructure and Regional Growth
The Chief Minister also referenced the newly approved Private Business Park Policy, enabling investors to develop business parks on a plug-and-play model. He noted that the state's expanding land bank, expressway network, airports, metro systems, and inland waterways are facilitating investment spread beyond the National Capital Region (NCR) to all regions of Uttar Pradesh.
This holistic approach aims to position Uttar Pradesh as a premier investment hub, leveraging its strengths to foster sustainable economic development and job creation across the state.
