Up Investors Summit -2018

Uttar Pradesh Investors Summit

Question: ‘Uttar Pradesh Investors Summit -2018’ was organized in Lucknow on 21st -22nd February, 2018. Consider the following statements in regards to this:
(i) A total of 1045 MoUs were signed in this summit.
(ii) 4.28 lakh crore will be invested in the state.
(iii) Declaration of establishment of Defense Corridor in eastern Uttar Pradesh.
(iv) Rail factory will be set up in Fatehpur and Jhansi.
Which of the above statements / is correct?
(a) Only (i) and (iv)
(b) Only (i), (ii) and (iv)
(c) Only (ii), (iii), (iv)
(d) All of the above
Answer- (b) 
Related Facts:

  • On 21st – 22nd February 2018, Uttar Pradesh Investors Summit was organized in Lucknow city by the Government of Uttar Pradesh.
  • The two day event aims to showcase the investment opportunities and potential in the various sectors of Uttar Pradesh.
  • Netherlands, Japan, Slovakia, Czech Republic, Finland, Mauritius and Thailand were the participant partner of the summit.
  • Prime Minister Narendra Modi inaugurated the ‘Uttar Pradesh Investors Summit’. On this occasion, he launched the ‘Investment Friends’ Portal.
  • This is the country’s first industrial portal.
  • The Prime Minister announced the establishment of one of the two defence industrial corridors mentioned in the budget, at Bundelkhand (Western UP).
  • It noteworthy that the defense industrial corridor in Uttar Pradesh will extend to Agra, Aligarh, Lucknow, Kanpur, Jhansi and Chitrakoot.
  • This will bring an investment of Rs 20, 000 crore and generate employment avenues for 2.5 lakh people.
  • In the summit Railway Minister Piyush Goyal has announced that theRailways will establish a rail coach factory in Jhansi (Bundelkhand region) of Uttar Pradesh.
  • Rail equipment will be set up in Fatehpur Rail Factory and modernization of coaches in Jhansi Rail Coach Reforming Factory.
  • In addition, the Railway Minister announced the running of heritage train between Dudhwa National Park and Kotariya Ghat.
  • In Uttar Pradesh There are only three airports in Lucknow, Varanasi and Gorakhpur. Now Kushinagar and Jawahar (Noida) are also being started for the construction of two new international airports.
  • The new tourism policy -2018 was promulgated in the state recognizing Tourism as Industry.
  • Reliance Industries chairman Mukesh Ambani, speaking during the event, said Reliance Jio would be present in every single village of the state by the 2018-end.
  • Adani Group will invest Rs 35,000 crore in the areas of logistics, solar power, roads and agriculture in UP in the next five years.
  • Aditya Birla Group Chairman Kumar Mangalam Birla said that his group will invest Rs 25,000 crore in Uttar Pradesh.
  • Apart from this, Essel Group Chairman Subhash Chandra said that his group has made a MoU of Rs 18 thousand 750 crore with the state government.
  • President Ramnath Kovind addressed the closing ceremony of the Summit.
  • Total 1045 MoUs were signed in this summit, through which the investment of amount about Rs 4.28 lakh crores will be done in the state.

Reference:
http://upinvestorssummit.com/htm/01/index.html
http://information.up.nic.in/attachments/files/5a8d73ef-80c4-4577-be3f-0e4b0af72573.pdf
http://upinvestorssummit.com/htm/01/media.html
https://aajtak.intoday.in/story/up-investors-summit-2018-top-industrialist-cm-yogi-adityanath-1-985655.html