Lucknow, July 19 (KNN) The Union government has approve Rs 17,939 crore for various capital investment projects under the Special Assistance to States for Capital Investment 2023-24 Scheme for the Uttar Pradesh government, an official press release said.

Minister for finance Suresh Khanna in a press statement informed that the state government had proposed various projects to the Centre for infrastructure and industrial development, energy, roads and bridges and transport projects.

Khanna said the central funds would remain available for these projects and the state government would implement them in a time bound manner.

He said capital investment is important to give a boost to the economy and the GSDP growth rate.

Uttar Pradesh government has been undertaking various initiatives to become USD 1 trillion economy state in five years.  (KNN Bureau)