Noida, September 25 (Language) Union Micro, Small and Medium Enterprises (MSME) Minister Narayan Rane said on Monday that the country is expected to become the third largest economy by 2030 and Uttar Pradesh will play a major role in it.
Addressing the concluding session of the Uttar Pradesh International Trade Exhibition in Greater Noida, Rane said the state aims to become a $1 trillion economy and there is a need to improve the per capita income of citizens to tackle the problem of migration.
Citing the example of his home state Maharashtra in industrialization, the Minister said that proper research and study is needed to ascertain which industry should be established in which area or district.
He said that the business environment of any state plays an important role in attracting industry. The way Chief Minister Yogi Adityanath is working towards promoting industries is commendable.
He said, “I come from Mumbai, Maharashtra. Mumbai is the capital of the state. Mumbai alone contributes 33 to 34 percent to the country’s government funds. Mumbai is not dependent on agriculture or services, but on industrialization.
Rane said, “Uttar Pradesh will have to decide today whether it will contribute 40 percent or 35 percent.” This kind of progress should be the aim of the state.”
“When you do something like this, no one will go out for employment,” he said. India is expected to become the world’s third largest economy by 2030 and Uttar Pradesh will play an important role in this.
Union Minister of State for Micro, Small and Medium Enterprises Bhanu Pratap Singh Verma said that the objective of the Uttar Pradesh International Trade Exhibition was to ensure that small entrepreneurs also get a platform to export their products.
He appreciated the rapid transformation of infrastructure in the state in terms of expressways and airports.
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