The Regium has changed over investment in UP! This new system has begun to prevent fraud - Lucknow News Up Govt Make Pan -Card Compulsory for Investment Applications

The government has taken a new initiative to promote investment in Uttar Pradesh. Now businesses will have to provide information on PAN card along with investment applications. Invest takes this step to prevent fraud in the investment and increase investors’ confidence. It will also be ensured that investors get NOCs on time. Manoj Tripathi, Lucknow. To invest in Uttar Pradesh now, companies will also have to provide information on PAN card at the time of the application. Invest UP has started preparing to make this system to prevent fraud in investment. Investment will also be monitored by whether the NEC is issued by the relevant departments within the particular time with the arrival of the investment application. Entrepreneur friends are specially trained for this. Many national and international level businesses invest in the state due to a better investment environment over the past few years. To encourage investment, the state government has also made changes in policy and investors receive different types of land acquisition exemption. To increase investment data, there was no arrangement for the control of the companies of the relevant departments. Using this shortage system, fake some companies a sleeve and collect a solid amount of small investors in the name of investment. The biggest name of this is that of Punjab Vyunau Infotech. The company’s managing director Sukhwinder Singh Kharor has signed a sleeve for the establishment of 750 data centers in all the districts of the state. Based on this sleeve made with the state government, the company raised an amount of Rs 3.558 crore from small investors in the name of hiring the storage capacity of the data center. The MD of the company transferred the said amount to the data center instead of investing abroad in different ways. The maintenance directorate investigated the fraud of the company on the basis of the FIR filed by Noida police and arrested MD and his wife Dimple Kharor in February of Delhi while fleeing abroad. In this regard, the Minister of Industrial Development, Nand Gopal Gupta Nandi, states that PAN -card information is now being taken in at the time of the application to bring more transparency into investment and to increase the confidence of investors. After checking the company’s profile, arrangements are also made to do sleeve. With this, maximum investment can be taken to the mous for investment on the ground. Based on this sleeve made with the state government, the company raised an amount of Rs 3.558 crore from small investors in the name of hiring the storage capacity of the data center. The MD of the company transferred the said amount to the data center instead of investing abroad in different ways. The maintenance directorate investigated the fraud of the company on the basis of the FIR filed by Noida police and arrested MD and his wife Dimple Kharor in February of Delhi while fleeing abroad. In this regard, the Minister of Industrial Development, Nand Gopal Gupta Nandi, states that PAN -card information is now being taken in at the time of the application to bring more transparency into investment and to increase the confidence of investors. After checking the company’s profile, arrangements are also made to do sleeve. With this, maximum investment can be taken to the mous for investment on the ground.