UP govt clears investment projects of Rs 3,653 cr in past two months

Projects are expected to generate more than 11,000 new jobs; letters of comfort already issued or are in the process of being issued

The Uttar Pradesh government has cleared private investment projects totalling more than Rs 3,650 crore across different sectors under the UP Industrial Investment and Employment Promotion Policy 2017.

According to the state industrial department, these projects were cleared during the past two months, with total projected fresh employment generation of more than 11,000.

In fact, Letters of Comfort (LoC) have already been issued or are being processed for issuance by Pradeshiya Industrial and Investment Corporation of UP (PICUP) for the actual fructification of the investment.

“The concerned departments are in regular touch with these investors for the implementation of their respective projects,” UP