Uttar Pradesh launches Nivesh Mitra 3.0 to streamline investor approvals

Key facts

• Uttar Pradesh Chief Minister Yogi Adityanath launched Nivesh Mitra 3.0, an upgraded single-window investment portal, in Lucknow.
• The portal consolidates over 530 services from 43 departments into fewer than 200 simplified services.
• Key features include PAN-based single login, dynamic common application form, AI-powered chatbot, real-time application tracking, automated alerts, and integration with NSWS, IGRS, and GIS-based land bank systems.
• The state government disbursed ₹2,781.12 crore in incentives to 85 industrial projects across manufacturing, automobiles, electronics, cement, and food processing sectors.
• ₹73 crore was allocated to IT and electronics projects and ₹20 crore to food processing units.
• 45 companies received incentives and 62 companies were issued Letters of Comfort (LoCs), together representing nearly ₹50,000 crore in investment potential and an estimated 50,000 job opportunities.
• The earlier complex land-use approval process under Section 80 has been removed; approval under the master plan now grants automatic land-use clearance.
• Between 2012 and 2017, only 16 Letters of Comfort were issued, rising to 3,367 in the last nine years, reflecting growing investor confidence.