Noida, Jan 17 (PTI) The Uttar Pradesh government on Wednesday approved Rs 2,940 crore in funds for industrial bodies YEIDA, UPSIDA and UPEIDA, Cabinet minister Nand Gopal Gupta said.

The funds are for expansion of the Yamuna Expressway Industrial Development Authority (YEIDA), the UP State Industrial Development Authority (UPSIDA) and UP Expressways Industrial Development Authority (UPEIDA), he said.

Also Read | Delhi Shocker: Man Rapes Live-In Partner's Minor Daughter in Burari, FIR Registered Under POCSO Act.

Gupta, the industrial development minister, said the newly formed Bundelkhand Industrial Development Authority has been earlier granted Rs 3,000 crore for land acquisition.

"In the financial year 2023-24, Rs 8,000 crore was set aside for industrial expansion in the state. Of the remaining Rs 5,000 crore, Rs 1,000 crore has been approved for UPEIDA, Rs 1,500 crore for YEIDA and Rs 440 crore for UPSIDA," Gupta said in a statement.

Also Read | PM Narendra Modi To Lay Foundation Stones of Eight AMRUT Projects in Maharashtra on January 19.

"So far, a total of Rs 7,042.67 crore has been approved for the expansion of all industrial development authorities," the minister added.

Gupta said the state government is committed to attracting investment and making Uttar Pradesh a leading investment destination in the country.

(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)