Uttar Pradesh Nodal Investment Region for Manufacturing (NIRMAN)-2024: Objectives and Impact
| Aspect | Details |
|---|---|
| Event | Uttar Pradesh (UP) government passes Uttar Pradesh Nodal Investment Region for Manufacturing (Construction) Area Bill (NIRMAN)-2024. |
| Objective | To uplift UP's economy to the one trillion dollar mark. |
| Chairperson | Chief Minister Yogi Adityanath. |
| Framework | Establishment of Special Investment Regions (SIRs) across UP's four geographical zones. |
| Land Allocation | Use of 20,000 acres from UP's land bank for SIRs under NIRMAN-2024. |
| Example | Bundelkhand Industrial Development Authority allocated 5,000 hectares for industrial use. |
| Economic Goals | Rapid economic growth, legal protection for investment zones, ease of business, and job creation. |
| Model Followed | Best practices from states like Gujarat, Rajasthan, and Karnataka. |
| Additional Developments | MoU signed between ITPO and MSME to create a business-friendly environment. |
| Infrastructure | Construction of large convention centers in Lucknow and Varanasi to promote MSMEs. |
| Education | Reinstatement of over 2,200 teachers in non-subsidized secondary schools. |
| What are SIRs? | Designated areas to attract investments by improving infrastructure and offering tax breaks. |
| Focus | Technology, industry, economic growth, job creation, and technological advancement. |
| Global Examples | China's Special Economic Zones (SEZs) and Free Trade Zones (FTZs). |