Some of the key highlights already attained by the UP government are as mentioned below:
- One of the greatest achievements in Uttar Pradesh is the development of the 100 acre IT city on PPP (Public Private Partnership) model in Lucknow that will generate direct and indirect employment to 75,000 people with a minimum investment of Rs. 1500 crore.
- IT UPVAN was the first government based incubator developed in Ghaziabad and Lucknow so as to encourage the start-ups.
- Also due to the availability and presence of skilled labors on a large scale within the state, Uttar Pradesh finds itself suitable and efficient for developing it into a major IT hub.
All the institutions like the IIT’s, IIM’s, NIT’s are being encouraged to develop the start-up environment from within the institutions itself so that the students get motivated as well as encouraged to build India into a start-up nation. Incubators and accelerators must be set up in these institutions that will instill the concept of start-up ecosystem. The government under the regime of Akhilesh Yadav is trying its level best to boost up the economic activities and development. Fresh and new policies have been announced that will attract the private investors to invest in various sectors of the country. At present more than 3,100 start-ups are present within the country and India has been ranked 4th in terms of entrepreneurship promotion.
We find that Uttar Pradesh has a very industry-friendly environment that attracts a wide range of investors to invest in the IT sectors here. The development of excellent IT infrastructure, generation of employment opportunities and the presence of skilled employees all leads to the development of the state as well as the country on a whole. Thus, one of the main missions of the UP government is to promote UP as a preferred investment destination in India and develop it into a major Start-Up state and IT hub.
Article by Anisha Dutta
She is a content evangelist who believes that the Science of today is the Technology of tomorrow.
She can be reached at https://twitter.com/Anisha_Dutta29
She can be reached at https://twitter.com/Anisha_Dutta29