Uttar Pradesh Gears Up for Ground Breaking Ceremony 4.0: A Comprehensive Overview

As the 2024 Lok Sabha elections approach, Uttar Pradesh, under the leadership of Chief Minister Yogi Adityanath, is poised to host the groundbreaking event, GBC 4.0, inaugurated by Prime Minister Narendra Modi on February 19. With an extensive lineup of projects following investment proposals exceeding ₹10 lakh crore, the ceremony is a crucial milestone in the state's development agenda.

Ground Breaking Ceremony Details:

Scheduled from February 19-21 at Lucknow's Indira Gandhi Pratishthan, GBC 4.0 aims to launch a series of projects contributing to employment for approximately 33.50 lakh youth. The event will be inaugurated by Prime Minister Narendra Modi, emphasizing the significance of the projects proposed.

GBC 4.0 Preparations and Review:

Chief Minister Yogi Adityanath, in a proactive move, reviewed department and district-wise investment proposals, issuing guidelines for the successful execution of the program. The meeting included key officials, such as additional chief secretaries, principal secretaries, and CEOs of development authorities, ensuring meticulous preparations for the event.

Investment Proposals and Project Breakdown:

The groundbreaking ceremony encompasses a remarkable 262 projects valued at over ₹500 crore and an additional 889 industrial projects ranging between ₹100-500 crore, all set to be implemented on the ground level. A noteworthy 3,500 investors are expected to participate, benefitting all 75 districts in Uttar Pradesh.

GBC 4.0 Scope and Scale:

The state government's official release outlines an ambitious plan for GBC 4.0, detailing the implementation of 14,000 projects amounting to ₹10 lakh crore. This expansive initiative builds on the success of the Uttar Pradesh Global Investors Summit (UPGIS), where investment proposals of ₹40 lakh crore were received last year.

Key Highlights of GBC 4.0

• Inauguration by PM Modi: Prime Minister Narendra Modi will officially launch the ceremony, signifying the national importance of Uttar Pradesh's economic growth.

• Record-breaking Investments: With ₹10 lakh crore committed, GBC 4.0 dwarfs previous editions, marking a significant leap in attracting investments.

• Employment Generation: The projects are expected to create jobs for 33.5 lakh youth, offering a major boost to the state's economy and individual livelihoods.

• Diverse Project Portfolio: The ceremony will feature 262 large-scale projects exceeding ₹500 crore each, and 889 smaller industrial projects ranging from ₹100-500 crore.

• Nationwide Participation: Over 3,500 investors from across India are expected to attend, highlighting the ceremony's national significance.

• Statewide Benefits: All 75 districts in Uttar Pradesh stand to benefit from the projects launched at GBC 4.0, promoting balanced development.

Beyond Launches: Exhibitions and Seminars for Deeper Engagement

• Grand Exhibition: A large-scale exhibition will showcase advancements in nine key sectors, highlighting the transformation of Uttar Pradesh.

• Sectoral Sessions: Focused discussions on artificial intelligence (AI), foreign direct investment (FDI), and corporate social responsibility (CSR) will attract industry leaders and promote collaboration.

• Dedicated Seminars: Two seminars on CSR and FDI & AI will delve deeper into unlocking opportunities in the state.

• Three-Day Display: A dedicated exhibition, spanning 1250 square meters, will offer a glimpse into the "new Uttar Pradesh" and its investor-friendly environment.

Looking Ahead: Implications and Expectations

GBC 4.0 is poised to be a landmark event, showcasing Uttar Pradesh's commitment to attracting investments, generating employment, and fostering balanced development across the state. The ceremony's success could set a new benchmark for attracting large-scale investments and accelerating economic growth in India.

Three-Day Exhibition:

Taking place at the Indira Gandhi Pratishthan, the exhibition covering 1250 square meters will portray the essence of the 'new Uttar Pradesh,' spotlighting key features and attracting potential investors.