The path to achieving the country’s target of a USD 5-trillion economy passes through Uttar Pradesh, Union Home Minister Amit Shah said on Sunday as the state launched works for 250 industrial projects worth Rs 65,000 crore.
Amit Shah expressed confidence that the state will contribute to the target by becoming a USD 1-trillion economy and said the Yogi Adityanath government has removed the biggest hurdle to UP’s development by improving the law and order situation.
Prime Minister Narendra Modi has set the target for the country to be among the top three economies in the world in the next five years, and “it is from this, that the idea of a USD 5-trillion economy originated”, he said at a second groundbreaking ceremony for the projects here, which was attended by several business leaders.
Like the first groundbreaking ceremony, which took place last year, the second edition also aims at bringing investments in UP, India’s most populous state, and it is the third big event in this regard after the Investors Summit.
“Today, I want to say, the road to a USD 5-trillion economy also passes through UP, and I’m sure that the state will contribute to it by becoming a USD 1-trillion economy,” Shah said.
In 2014, a new government was formed under PM Modi and he started concentrating on many sectors. It was then in a meeting he had said “in the near past governments functioned only to exist, but this dispensation will work to transform the nation”, the home minister said.
Amit Shah said the PM Modi government started to transform every sector, be it security, economic development or culture, and the PM presented a model of development based on ‘Sarva-Sparshi’ (reaching every person) and ‘Sarva-Samaveshi’ (including all).
In 2014, a beginning was made and a foundation to make it a USD 5-trillion economy was laid between 2014 and 2019, he said.
Lauding Chief Minister Adityanath for bringing several changes for UP’s development, Shah said,”The Yogi government has removed the biggest hurdle in development by improving the law and order situation in the last two years.”
He said the BJP handed over the reins of power in UP to Adityanath because of his dedication and potential to work hard.
Commercial courts have been established in various districts and the UP government has made sectors like information technology, dairy, civil aviation, tourism, renewable sources of energy, handicrafts, food and e-vehicles its focus areas, Shah said.
Amit Shah also spoke about the GST and said the biggest sales tax reform in the world is functioning well.