Union Home Minister and Minister of Cooperation Shri Amit Shah inaugurates fourth edition of the Uttar Pradesh International Trade Show in Greater Noida
Union Home Minister Shri Amit Shah inaugurated the fourth edition of the Uttar Pradesh International Trade Show in Greater Noida, stating that the state is emerging as a major investment hub and targeting a 1-trillion-dollar economy. Highlighting the growth of the Indian economy under Prime Minister Narendra Modi's 'Make in India' initiative, he noted achievements in manufacturing, defense corridors, and the 'One District, One Product' scheme.
Why It Matters
This press release covers major economic data, government initiatives like 'Make in India' and ODOP, and macroeconomic indicators relevant for competitive exams such as UPSC, SSC, and Banking.
In Simple Words
Union Home Minister Shri Amit Shah inaugurated the fourth edition of the Uttar Pradesh International Trade Show in Greater Noida, alongside Chief Minister Yogi Adityanath. He credited the 'Make in India' mission, launched 12 years ago by Prime Minister Narendra Modi, for moving India from the Fragile 5 to the Top 5 global economies. He emphasized that Uttar Pradesh is transforming into an investment hub targeting a 1-trillion-dollar economy due to improved law and order and the double-engine government.
Mr. Shah highlighted national and state-level economic milestones, including rising electronic exports, record capital expenditure, sovereign rating upgrades, and the expansion of defense manufacturing nodes in Uttar Pradesh. He also praised welfare and industrial programs like the 'One District, One Product' (ODOP) scheme and the newly launched 'One District, One Cuisine' (ODOC) website, which promote local crafts and foods globally.
Key Points
- Union Home Minister Shri Amit Shah inaugurated the 4th edition of the Uttar Pradesh International Trade Show in Greater Noida.
- Prime Minister Narendra Modi announced the 'Make in India' mission 12 years ago on 25 September.
- September 25 marks the 110th birth anniversary of Pandit Deendayal Upadhyaya.
- Moody’s raised India’s growth forecast from 6% to 7%, and Japan Credit Rating Agency upgraded India's sovereign rating from BBB+ to A-.
- India's electronic exports have increased 11 times compared to 2015.
- July GST collection stood at ₹2.11 lakh crore.
- There are 12 semiconductor projects across 6 states with an investment exceeding ₹1.64 lakh crore.
- Defence Corridor nodes in UP are located in Jhansi, Chitrakoot, Lucknow, Agra, Aligarh, and Kanpur.
Exam Angle
A. The fourth edition
Source: Press Information Bureau