The government took a new decision to increase investment in Uttar Pradesh
The Yogi government has taken a decision to promote investment in Uttar Pradesh and also strengthen economic activities. After this decision, the responsibility of the district magistrate and divisional commissioner will increase. In fact, now the DM and the Commissioner will have to prepare a report on the progress of the investments made in their areas as well as the efforts made by them for the same. The Yogi government has taken this step so that there can be development in the state. The chief secretary has given complete information in this regard. Let us tell you in detail.
DM and Commissioner to prepare annual report
Let us tell you that now every year the DM and the Commissioner will make a confidential annual report. In this report he will give information about the progress of investments made in his field and the efforts made by him for the same. On this basis their performance will be evaluated and a grade will be given. In reality, this has been done so that new employment and development opportunities are created in the state. Let us tell you that Uttar Pradesh is the first state to take this step.
The chief secretary gave this information.
The Chief Secretary has given important information regarding this decision. Chief secretary Manoj Kumar Singh said, ‘Now the DM and the commissioner will have to prepare a report in which they will have to give information about the efforts to attract investments in their area. This will evaluate the efforts made for the safety and convenience of investors. This will promote ease of doing business. He further said that the land bank, including land allotment, land subsidy, land use change, land clearance, etc., will be prepared and evaluated for entrepreneurs within a given time frame and will also be evaluated its monitoring and periodic updating.
A special honor will be awarded for best performance.
The Chief Secretary also informed that DMs of districts who perform well and attract more investments will be given higher rating and special respect. Doing this will increase competition among officials and better efforts will be made to increase investment. Chief Secretary Manoj Kumar Singh further said that this new system will be implemented in the next 2-3 weeks, which will increase the accountability of the officers. After this, investment in the state will increase and along with the development of economic activities, employment opportunities will also increase.
Efforts to improve the agricultural and industrial sector
Chief Secretary Manoj Kumar Singh also spoke about development efforts in agriculture and industrial sectors. He said, “The credit deposit (CD) ratio of the state was 47 per cent in 2017, which increased significantly in the financial year 2023-24 and now this figure has reached 60.32 per cent.” The Yogi government is moving forward by setting a CD ratio target of 65 per cent by the end of the current financial year. This growth rate indicates that the state has economic stability and a favorable environment for investment. The chief secretary also talked about improvements in the industrial sector. He said that important steps are being taken to achieve this, so that industries can be encouraged to invest in the state.
Special attention will be paid to districts with a low proportion of CDs.
The government will pay special attention to those districts where the proportion of CDs is low. According to the chief secretary, the proportion of DCs from Sambhal, Amroha, Badaun, Rampur, Kasganj, Etah and Moradabad is higher and the proportion of DCs from districts like Unnao, Balrampur and Shravasti is low. Special plans will be drawn up to increase economic activities and improve the proportion of DCs in such districts. He further informed that the DM and Commissioner will be informed about the DC ratio of their district every year in April, so that they can carry out efforts to increase investment in a better way.
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