What are the main obstacles in terms of investment in Uttar Pradesh? Describe the policy reforms undertaken by the state government to remove these obstacles.

Answer: Investment is the process by which an individual, institution or government invests its capital in an asset, project or business activity with the expectation of future profit or appreciation, with a view to achieve a specified objective, such as financial gain or growth. The state has immense investment potential, but several structural and functional barriers hinder investment.

Key Barriers

  • The state lacks basic infrastructure such as roads, electricity, and water supply.
  • Overdependence on agriculture and lack of industrialisation are major problems.
  • High population density, poverty and low literacy rate are the major socio-economic challenges.
  • Complex regulatory processes related to land ....
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