Overachieving the target stipulated by the UP government, the excise department raked in investments worth Rs 32,500 crore during the Global Investors Summit.
ACS, excise, Sanjay R Bhoosreddy said excise department has developed additional revenue streams over the last five-six years. While given the target of Rs 25,000 crore for the summit, the department has received intent from people worth more than Rs 32,000 crore so far.
Highlighting achievements of the department, minister Nitin Agarwal said from 61 distilleries in 2016-17, the state now has 98 ones that are operational. Union minister Piyush Goyal, who was the chief guest, said that the best practices of the department will be put together and forwarded to the other states.
Union Minister Piyush Goyal on Sunday said under the able leadership of Yogi Adityanath, Uttar Pradesh is moving forward and no power can become a hurdle between the state and development.
“There is a wave of development in Uttar Pradesh, and it can be experienced in this meet. Under the able leadership of Yogi Adityanath, Uttar Pradesh is moving, and no power can become a hurdle between Uttar Pradesh and development,” Goyal said.
He also said that until Prime Minister Narendra Modi is personally satisfied, he does not allow ministers to make any promises with the people and that the prime minister promotes competition in the federal structure.
Wine and liquor manufacturing
The minister highlighted that people in Australia are now becoming dependent on India for wine. Foreigners are liking the wine that is manufactured in India, he said, and he added that apart from grapes, 27 other fruits are being used to manufacture liquor and wine.
He also shared a personal annicdote rememberign the time when he offered an Indian Gin to an ambassador. He also spoke about how much the ambassador loved the flavor and found it very interesting.
He added that commitment of investment worth crores of rupees for Uttar Pradesh symbolises the fact that the people know that the law and order will boost the industry, and there is no fear, while working.
“Investors are coming from different parts of the world to Uttar Pradesh. They are also reposing faith in the people of UP that they will vote for the decisive leadership of a double-engine government both in the state and in the country, which will take UP ahead on the path of development,” Goyal said.
Ease of doing business and increasing start-ups in Uttar Pradesh
The Union Minister said that six years ago, UP was lagging behind in terms of ease of doing business, and today, it is number two in the country.
Referring to StartUp India, he said that in 2016, the prime minister started the StartUp India initiative, and today, UP has become a leader in startups.
Goyal said that six years ago, there were 500–600 startups in the country, but today there are over 90,000, of which 8,277 are in UP.
Minister of State (for independent charge) for Excise, Nitin Agarwal, also addressed the gathering.
