Uttar Pradesh Chief Minister Yogi Adityanath announced that the state is preparing for the fifth Ground Breaking Ceremony (GBC@5) in November, which will launch private investment projects exceeding ₹5 lakh crore. In a high-level meeting with the industrial development department, Adityanath highlighted the state’s success in attracting over ₹15 lakh crore through four prior ceremonies, creating jobs for more than 60 lakh youths over the past eight and a half years.
Adityanath emphasized a strategic approach for GBC@5, stating, “Our mantra of reform, perform, and transform has made Uttar Pradesh a hub for massive investments. Departments must ensure time-bound execution and continuous monitoring of every investment proposal to make this event a success.” The Chief Minister underscored the need for thorough preparation to position the state as a leader in industrial growth.
On land acquisition for industrial units, Adityanath advocated for a compassionate, farmer-centric policy. “Land is a farmer’s lifeline. If it’s needed for development, they deserve fair compensation without any harassment,” he said, directing authorities to consider increasing compensation rates. He also mandated that industrial land unused for three years be canceled and reallocated to new investors to optimize economic progress.
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To drive economic growth, Adityanath proposed establishing a fintech hub in Noida, Greater Noida, or the Yamuna Authority area, hosting major banking institutions. He also called for boosting electronic product exports and simplifying the ‘Nivesh Mitra’ and ‘Nivesh Sarathi’ portals to ensure a seamless experience for investors. “No investor should face bureaucratic obstacles,” he stressed.
Adityanath highlighted the upcoming GST reforms, effective September 22, noting that they should directly benefit citizens and simplify their lives. He also unveiled plans for Sardar Vallabhbhai Patel Employment Zones in every district, with at least 100 acres allocated per zone. “These zones will foster industry, innovation, and employment, setting a national standard,” he said.
The state has set a Gross Value Added (GVA) target of ₹5 lakh crore for the manufacturing sector in 2025-26, requiring the registration of 8,000 new or existing units under the Factories Act. With 1,354 units already registered, Adityanath urged officials to accelerate labour reforms and activate unused industrial land to meet this ambitious goal.
GBC@5 promises to cement Uttar Pradesh’s role as a powerhouse of industrial and economic development, paving the way for prosperity and opportunity.
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