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Invest UP Set for Reboot, With Speed and Greater Transparency
Hindustan Times West UP
|April 17, 2025
The Uttar Pradesh government is preparing a new draft policy to restructure Invest UP, the state's key investment promotion agency, in the wake of corruption allegations against its former CEO.
LUCKNOW:
The proposed policy aims to streamline approvals, increase transparency, and include greater participation from industry leaders.
Officials drafting the policy have recommended faster clearances, direct industry representation in decision-making, and national-level outreach through new offices.
"The new draft policy for Invest UP is being framed. It will be more investor friendly," said Nand Gopal Gupta 'Nandi', cabinet minister for industrial development. "There will be time-bound approval of proposals and participation of industrialists in the Governing Board of Invest UP," he added.
He further informed that national offices are being proposed in New Delhi, Mumbai, and Bengaluru to strengthen investor engagement.
Dit verhaal komt uit de April 17, 2025-editie van Hindustan Times West UP.
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