Revolution waiting to happen in rural UP: Akhilesh

Lucknow, March 13: Even as the

group revealed that 8 percent of world's poor people live in

, Chief Minister

seems to be very optimistic.

According to the chief minister a ''revolution is waiting to happen in rural Uttar Pradesh". However, what is lacking is is capital and technology.

While speaking at a summit 'Destination Uttar Pradesh-Investing in Future', which showcases the state as a business and investment destination for US entrepreneurs Yadav was quoted saying, "In Rural UP a revolution waiting to happen."

This is in contrast to what the World Bank group president Jim Yong Kim had to say during his visit to the state. "8 per cent of the world's people living in extreme poverty and we have to be successful in U.P," said Kim.

According to the chief minister, "critical needs'' like capital and technology are lacking. He said that the state is among the "top five states performing economically well in the country".

Also he said that the state has about "11 percent purchasing power of the country and was a leader in agricultural production".

The chief minister invited US companies to invest in defence, heavy engineering and automobile sectors. He said that if they do receive support, it will be an exciting venture for UP.

OneIndia News