Desperate to boost the economy and stem the rising tide of unemployment, the Uttar Pradesh government has taken a big decision to link District Magistrates and Commissioners to investment and employment generation. Now their performance will also be decided by the improvement in investment and employment generation scenario in their respective districts.
According to the government’s order, all district magistrates and commissioners have to submit self-assessment report regarding investment and employment generated in their respective districts.
UP Chief Secretary Manoj Kumar Singh said that DM and Commissioner will have to write about the progress related to investment and loan in their district in the annual ACR and that there will be grading on the basis of investment in the ACR of DM. This system is likely to be implemented within the next two to three weeks.
According to him, the credit deposit ratio in many districts needs to be improved so the data on it will be submitted to DMs and Commissioners in April every year. Maharashtra has the largest share of the Rs 12 lakh crore deposit, followed by UP.
The Yogi-Adityanath government is desperately trying to bring investment in the state and only last month he announced that UP will be organising groundbreaking ceremony of investment proposals worth Rs 10 lakh crore. Now the government has added a new dimension.
