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The Times of India
The Times of India
National
TimesOfIndia

77% of proposed investments realised at 2 UP ground-breaking events: RTI reply

LUCKNOW: The two ground-breaking ceremonies (GBCs) held by the state government, GBC-1 in 2018 and GBC-2 in 2019, have generated a total employment of more than a lakh (1,04,857) in UP and proposed a total investment of Rs 1,28,500 crore – out of this, actual investment worth Rs 99702.1 crore has come to the state, which is more than 77% of the proposed investment.

The state government had shortlisted 371 projects for investment in the two ceremonies. Out of these, 114 are commercially operational and 128 are under different stages of implementation. As many as 11 projects have been dropped and another 118 are dormant.

In response to Lucknow-based RTI (Right to Information) activist Urvashi Sharma’s query, Invest UP has provided information about the outcome of the two GBCs. The state government has held three GBCs till now. The first event was held on July 29, 2018, second on July 28, 2019 and third on June 3, 2022.

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