Lucknow, June 27 (SocialNews.XYZ) Uttar Pradesh Deputy Chief Minister Brajesh Pathak said the state government was focused on making it easy to do business, as well as maintaining law and order.
He said the government was working and taking necessary measures to attract investment and boost job opportunities in the state, especially in the micro, small and medium enterprise (MSME) sector.
Pathak was speaking at a two-day conference, organized by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in association with the Ministry of MSMEs, Union Government.
The conference, which aims to develop cottage and small-scale industries and improve their competitiveness, is being held as the country celebrates the Amrit Mahotsav of independence.
The Deputy Chief Minister assured all possible assistance to the industrial body in its efforts to increase investment in the State and congratulated ASSOCHAM for organizing this conference, which is attended by entrepreneurs from the country and from all over the world, in Lucknow.
He said his government initially focused on improving law and order to create a better environment for investors in the state.
Entrepreneurs who were hesitant to invest in Uttar Pradesh started investing in the state after the situation improved. Apart from having a skilled workforce available, there is also a huge market.
The Deputy Chief Minister added that the government has put in place a one-stop-shop system for the convenience of contractors so that all types of approvals can be given to them in one place. For expedited settlement of commercial disputes, the state government has opened 13 new commercial courts in the past five years.
He said that the MSME sector accounts for nearly 50% of the country’s export sector. At the same time, this sector accounts for about 30% of the country’s GDP. In such a situation, the role of MSMEs becomes crucial in strengthening India’s position in global trade.