Paving the way for major private sector investments in the state, Uttar Pradesh chief minister Mayawati on Monday stated that power, roads, transport, industry, health, education, irrigation and drinking water were the major sectors which have been identified for private participation.
The cabinet has approved a new middle-path economic policy for the state and the public-private partnership model would be an important ingredient of the policy, the chief minister said after a Cabinet meeting here.
This decision means that the state is taking a leaf out of the southern states, especially Andhra Pradesh and Tamil Nadu, which are going aggressive on private sector investment and SEZs.
It may be mentioned that Mayawati had said in an interview on Sunday only that three areas have been identified in the state to shape them into SEZs on the lines of a model adopted in China.
The state government has also worked out a massive rehabilitation and resettlement package for the land that would be acquired for its PPP projects, the first among them being the Rs 40,000-crore Ganga Expressway project.
The Cabinet on Monday assured farmers that their interests would be protected and mostly barren and lands unfit for agriculture purposes would be acquired for the 1,000-km Ganga Expressway.
The state would have a maximum and minimum participation of up to 49% and 11%, respectively in schemes, projects and industries run by the private sector, she said adding all projects to be implemented under the PPP model would have the same reservation policy that the state government has given to its own employees.