“Not red tape, only red carpet for investors in UP “: Modi at UP summit

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“Not red tape, only red carpet for investors in UP “: Modi at UP summit

Prime Minister Narendra Modi on Wednesday said that investors in Uttar Pradesh will be welcomed with a “red carpet instead of facing red tape” in Uttar Pradesh as top industry leaders pledged investments of over Rs 88,000 crore in the state.

Modi said he was sure the Yogi Adityanath government will ensure that all the memorandums of understanding (MoUs) involving an estimated investment of Rs 4.28 lakh crore signed ahead of the summit will be implemented soon.

“The CM has promised to follow and monitor the implementation of the MoUs himself. More jobs will be created for the people now. I am sure the UP Investors’ Summit will open new doors for investment in UP,” said Modi.

Modi used the occasion to tell investors about the changing environment in the state.