Lucknow, Feb 21 (KNN) On day one of the Uttar Pradesh Investors’ Summit, MoUs worth Rs 4.28 lakh crore have already been signed, Chief Minister Yogi Adityanath has said.

He said it is a matter of pride for the state that fortune-500 companies are participating in this summit.

“I want to tell you all that till now we have signed 1,045 MoUs worth Rs 4.28 lakh crore," Adityanath said.

He assured to oversee that the MoUs signed are executed, and those who are coming to invest in the state get all the facilities.

"I welcome all the guests including industrialists. With PM's guidance and blessings, UP is heading towards development and shedding its Bimaru tag. We are trying to become developed. PM's guidance helps us in good governance and taking the state on path of development," he said.

UP also said that he recently presented budget of Rs4.28 lakh crore and the figure of MOUs signed is the same.

“We are heading towards new UP,” Adityanath said while addressing the summit in Lucknow.

The CM highlighted that the state was providing basic needs for investments like law and order, infrastructure, power and roads.

"We have established rule of law in the state in past 11 months and taken initiatives to maintain peace," he said, adding that state investment promotion board has also been set up to facilitate industrialists willing to invest.

"For ease of doing business approvals, permissions, licences are going to be under one roof. We are going to implement digital clearance which will be monitored by the CM office," he said.

Adityanath said that the state's start-up policy will provide innovation base to new entrepreneurs and associated IIT Kanpur, BHU and 30 engineering with it.