50th UPSIDA board meet: Decisions to boost industrial investment, infra taken

Kanpur: The 50th board meeting of the Uttar Pradesh State Industrial Development Authority (UPSIDA) was held on at Lok Bhawan, in Lucknow on Wednesday under the chairmanship of Alok Kumar, additional chief secretary, infrastructure and industrial development, and approved 34 proposals related to industrial development, infrastructure strengthening, and investment promotion.During the meeting, the board approved the selection of a third- party inspection agency (TPIA) to ensure quality in development and maintenance works. It approved layout plans of industrial areas in Kampil Spinning Mill, Mau Aima, Bahadurganj, Salempur, and Barabanki.Proposals related to industrial areas in Ballia, Hathras, Fatehpur, Barabanki, and Chitrakoot were reviewed, and revised layout plans were approved with necessary modifications. Directions were issued to amend policies to expand the land bank.A decision was taken to implement a drone-based monitoring system to ensure transparency and effective supervision in industrial areas. Instructions were issued to prepare a revised scheme for land allotment and process received applications as per rules.Regarding land acquisition in Saharanpur and Badaun, it was directed that proper road connectivity be ensured before proceeding with acquisition. It was decided that after 75% of the allotable land is allocated, the remaining 25% will be allotted through e-auction.The chairperson stated that these decisions will enhance efficiency, transparency, and an investment-oriented approach in UPSIDA's functioning. This will further promote industrial investment, employment generation, and balanced regional development in the state.The aditional chief secretary stated that infrastructure projects have been financially supported by the government, ensuring their expedited development within one year. He further emphasised strengthening transparency and fairness in the allotment process through e-auction."UPSIDA's objective is not merely to allot industrial plots, but to develop a world-class industrial ecosystem in Uttar Pradesh. Initiatives like drone-based monitoring and digital services will accelerate the state's progress towards the $1 trillion economy target", he saidHe directed to give special attention to road connectivity and logistics infrastructure during land acquisition in regions such as Saharanpur and Badaun.