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India to be third biggest economy by 2024: Amit Shah

Amit Shah says India would be the third-largest economy in the world in the next five years. He also praised UP work of UP chief minister in the state.

India to be third biggest economy by 2024: Amit Shah

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Published : Jul 28, 2019, 4:43 PM IST

Updated : Jul 29, 2019, 12:31 PM IST

Lucknow: Union Home Minister Amit Shah on Sunday said India would be the third biggest economy in the world in the next five years.

Addressing a function here, which saw the launch of more than 250 projects worth Rs 65,000 crore, the minister said in the past five years, Prime Minister Narendra Modi had taken the country's economy to the fifth position from the 11th position.

He also praised Uttar Pradesh Chief Minister Yogi Adityanath, saying he translated dreams into reality in a short period and congratulated him for improving the atmosphere in the state, including the law and order situation.

He said Uttar Pradesh was all set to play a major role in the country's economy.

Speaking on the occasion, the state Chief Minister said he made concerted efforts to attract investment from capitalists and industrialists to accelerate development of the state.
He said the investment of Rs 65,000 crore would create three lakh jobs in the state.

Uttar Pradesh Industrial Development Minister Satish Mahana, who also spoke on the occasion said that the state was doing good under the BJP government.
"The first groundbreaking ceremony last year was highly successful and this time more than 250 projects worth around Rs 65,000 crore are being announced. Out of the projects that were announced in the first ceremony, only two projects could not be started due to policy-related issues. Other projects have materialised," the minister said.

Few prominent businessmen, who were also part of the ceremony, praised the Yogi government, saying they were being provided with all required help and the government was able to create a healthy environment for investment.

"...when I met Yogi Adityanath with a business proposal, he provided us with all possible help. This is how an investor gets confidence. Many industrialists are participating in the second groundbreaking ceremony and are ready to invest because of the support from the state government," Yusuffali MA, Chairman and Managing Director of the Lulu Group, said.

Interacting with media persons after the ceremony, eminent cardiologist Naresh Trehan told reporters about a proposed 700-bed hospital in Noida.
"...we will also build institutions like Medanta in Varanasi and Gorakhpur which are in the eastern parts of the state. The groundbreaking ceremony has created a healthy environment for investment and is undoubtedly going to be a huge success," he added.

Many other businessmen also echoed the same sentiments.

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Last Updated : Jul 29, 2019, 12:31 PM IST

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