UP gets investment proposals worth Rs 8,900 cr

Uttar Pradesh has received nine investment proposals worth Rs 8,900 crore from companies, including Reliance Cement and Samsung, and the Cabinet will take a call on providing incentives to them, state chief secretary Alok Ranjan said today.
"Nine proposals for mega projects having an investment Rs 8900 crores have been received from leading industrial houses like Reliance Cement, Shree Cement, Samsung, Paswara Papers, IFFCO, KK Milk and Gallant Ispat," Ranjan told reporters here.
These proposals would now be put before the Cabinet for providing them incentive packages, he added.
Claiming that an atmosphere conducive to industrialisation is being created in the state with single window system being put into place for providing mainly 18 clearances online, Ranjan said that during the present government till September 2014, 96,041 units specially in the medium and small sector have been set up at an investment of Rs 14,602 crore.

These provide direct employment opportunities to over seven lakh, he added.
The chief secretary said an industrial township on the lines of NOIDA is being developed in Kanpur named the "Trans-Ganga Industrial Township". Its foundation stone would be laid by Chief Minister Akhilesh Yadav on December 11.

"This township on 1,270 acres would be developed on international standards. As it would be on the banks of Ganga, only pollution free industries would be allowed," he said.
A similar township will also come up in Naini, Allahabad, the foundation of which is likely to be laid in February 2015.
As no bids had come for setting up Kushinagar international airport in Kushinagar district, Ranjan said, it has been decided to get it done through Airports Authority of India.

Besides, a final MOU has been signed for the Maitrayee yojna nearby for developing the area as a Buddhist tourism centre.