The imprint of the recently concluded UP Global Investors’ Summit on the Budget was clearly visible as Finance Minister Suresh Khanna set aside Rs 32,722 crore — nearly 5 per cent of the total budget outlays — to new schemes, projects and policy sops, most of which were born out of the government’s bid to attract investment in the state.
The government allocated Rs 100 crore for incentives under the new state MSME promotion policy, Rs 100 crore under the food processing policy, and another Rs 150 crore for sops offered to investors under the new textile and garment policy. To promote road and other infrastructure in textile parks, the government has allotted Rs 15 crore,