Current Affairs - State - Discussion

Uttar Pradesh (UP) passed the draft for the Uttar Pradesh Nodal Investment Region for Manufacturing (Construction) Area Bill (NIRMAN)-2024. This legislation aims to establish Special Investment Regions (SIRs) throughout the state, fostering industrial growth and economic development. The initiative includes collaborations such as the MoU between ITPO and MSME to improve the business environment, alongside the construction of new convention centres in Lucknow and Varanasi. These efforts are geared towards enhancing visibility for Micro, Small, and Medium Enterprises (MSMEs) and promoting UP as a favourable destination for industrial investments and business activities.