Of Rs 1 lakh crore investment proposals, UP State Industrial Development Authority signs MoUs for Rs 83,000 crore

Ahead of UP Global Investors’ Summit, the UP State Industrial Development Authority (UPSIDA) has reportedly receivedinvestment proposalsworth over Rs 1 lakh crore for setting up industrial units in various districts of the state.

Out of these, MoUs have been signed for projects worth Rs 83,000 crore. The on Thursday increased the target of Investment through the GIS from Rs 10 lakh crore to Rs 17 lakh crore. To meet this goal, investment targets for all departments have also been revised. For UPSIDA, this amount has been revised from Rs 70,000 crore to Rs 1 lakh crore.

In a first, the Yogi government has decided to rate the Farmer Producer Organizations (FPOs) – the organizations of farmer-producers that provide technical and Marketing support to small farmers – on the basis of their performance and facilitate them accordingly.

The FPOs would be rated on a 15-point scale, including the number of farmers, number of Women members in the organization, their annual turnover, whether the share shoulders were paid dividends, whether any agro-processing unit was set up by the organization and the extent to which the products were branded and sold in the open market.