- By Kamakshi Bishnoi
- Tue, 06 May 2025 10:47 AM (IST)
- Source:JND
In a bid to streamline investment processes, Invest UP will now oversee investment proposals related to various government departments, offering assistance to investors in obtaining necessary clearances, such as No Objection Certificates (NOCs). This move comes after Chief Minister Yogi Adityanath's instructions to improve transparency and address investor concerns following the suspension of Abhishek Prakash on corruption charges.
To facilitate this, Invest UP has begun collecting detailed information about government schemes that are receiving or have the potential to attract investment. The organisation is also tracking the volume of investment in these schemes and the number of Memoranda of Understanding (MoUs) signed.
Invest UP is gathering data from a wide range of government departments, including the Department of Additional Energy Sources, Infrastructure Development, Excise, Housing, Higher Education, Horticulture, Energy, Industrial Development, Agriculture, Khadi and Village Industries, Medical and Health, Medical Education and AYUSH, Sugar Industry, Dairy Development, Urban Development, Private Capital Investment, Tourism, Animal Husbandry, Fisheries, Silk, Vocational Education, Textile Industry, Science and Technology, Education, Micro, Small and Medium Enterprises, Information and Technology, Cooperative, and Public Enterprises.
Vijay Kiran Anand, CEO of Invest UP, emphasised that the initiative aims to make investment projects more accessible and ensure efficient monitoring across all relevant government departments. Currently, 43 government departments are registered on the Nivesh Sarathi portal, and Invest UP is preparing to process the related investment proposals through its platform.