No red tape, only red carpet for investors in UP: PM Modi
Speaking at the inauguration of the two-day investors summit in Uttar Pradesh, PM Narendra Modi on Wednesday said the investors will be welcomed with "red carpet instead of facing red tape". PM Modi also announced a defence industrial production corridor in Bundelkhand (divided between Madhya Pradesh and UP). We expect â¹20,000-crore investment for the corridor, PM said. 