India News | BJP Govt's Investors' Summit to Attract Capital Investments to UP 'mere Noise', Claims Akhilesh Yadav

Lucknow, Jan 5 (PTI) Samajwadi Party president Akhilesh Yadav Thursday termed the BJP government hosting investors' summit to attract capital investments to Uttar Pradesh "mere noise" and sought to know the outcome of such events held in the past.

The state government is organizing Global Investors Summit in Uttar Pradesh in February. Chief Minister Yogi Adityanath and his cabinet colleagues are on a two-day visit to Mumbai where a roadshow was held on Thursday inviting industrialists and entrepreneurs to visit the state during the summit from February 10 to 12.

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"Where is the report card of the investors' conferences held by the BJP government in the past? Last time also it had organised investors' summit noise and claimed to have got MoUs signed worth lakhs of crores. But no investment was visible on the ground," Yadav was quoted as saying in a party release.

"The BJP government is only making noise in the name of investors' conferences and its results will be zero," he said.

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Adityanath is travelling to eight states to promote the Global Investors Summit, covering big cities like Mumbai, Bengaluru and Chennai among others. Ministers and top officials have also travelled to different countries in a bid to invite investments in the state.

"Chief Minister (Yogi Adityanath) himself has gone to Mumbai to persuade industrialists to bring them to Uttar Pradesh. Seeing the condition of Uttar Pradesh, no industrialist and businessman are ready to invest here," the Samajwadi Party president said.

Yadav alleged that due to the wrong policies of the BJP government, Uttar Pradesh is lagging in terms of development.

"Recently, Uttar Pradesh was the lowest among all states regarding growth rate in the 2021-22 financial year. Will the BJP government now get hoardings of this negative achievement installed," he said.

Yadav claimed that the development and capital investment that has taken place in Uttar Pradesh has been under the Samajwadi government only.

Also, the capital investments that have taken place in Uttar Pradesh in the last few years are a result of the industrial policies of the Samajwadi Party government, he added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)