'Rising UP' slogan failed to attract investors: BJP

Terms the catchword coined by the Akhilesh dispensation as hollow

 

Attacking the Akhilesh Yadav government, the Opposition Bharatiya Janata Party (BJP) on Wednesday said Rising Uttar Pradesh slogan had failed to garner the confidence of investors.

Terming the catchword as hollow, BJP Uttar Pradesh unit spokesperson Vijay Bahadur Pathak said investors had been shying away despite the claims of the state government about a business-friendly environment.

The chief minister should critically revisit his policies as to why the investors were not ready to repose faith in him, he said.

Pathak said the government had organised a big investors' summit in Agra and spent liberally to publicise the event, wherein several national and international investors had participated.

However, no memorandum of understanding  during 2012-13 and 2013-14 could be signed after the Agra summit, he said.

He further said Central Statistical Office data proved Utter Pradesh had decelerated under Akhilesh government with the state growth dropping to 5.1 per cent in 2013-14 from 5.9 per cent in 2012-13.

“There are limitless investment possibilities in Uttar Pradesh. But, the stepping stone to giving wings to such possibilities is to provide security to both investment and investors.” he said.

Pathak also said the state had utterly failed to inspire confidence among investors despite tall claims. “The trick is to take concrete actions rather than mere rhetoric and public posturing.”