Uttarakhand: PM expected to attend Global Investors Conference, investment of 70 thousand crores in four years, target of 2.5 lakh jobs

Through the Global Investors Conference, the state government has set a target of getting an investment of 70 thousand crores on the ground in the next four years. In which 2.5 lakh people will get direct jobs. About 67.40 crore is estimated to be spent on the event. Roadshows will be started in nine cities in the country and abroad from August. In order to create new opportunities for industrial investment and employment for the youth in the state, the state government is going to organize a Global Investors Summit in December. The cabinet has also got approval for this event.

A high powered committee will be constituted under the chairmanship of Chief Secretary Dr. SS Sandhu. In which officers from different departments will be members. Through the Investors Summit, the government has focused on increasing investments in tourism, agriculture and horticulture, higher education, infrastructure development, IT, skill development, AYUSH and wellness sectors. Prime Minister Narendra Modi is likely to attend the inauguration of the Investors Summit. For this, the state government has sought time from the Prime Minister. The special thing is that before the investors’ conference, the government has a target of getting an investment of 25 to 30 thousand crores on the ground. Apart from Kashipur, Rudrapur, Haridwar, road shows will be held in Delhi, Ahmedabad, Mumbai, Chandigarh, Chennai, Bangalore to encourage investors. Apart from this, road shows will also be organized in Dubai and Singapore.

An investment of 26 thousand crores has been made since the last conference

The state government organized the investment conference for the first time in 2018. In which MoUs were signed on an investment proposal of 1.24 thousand crores. In five years, only an investment of 26 thousand crores has been able to get on the ground. This time the government will confirm capital investment with the investor sooner than the MoU.