In a massive stride towards achieving Chief Minister Yogi Adityanath’s ambitious target of reaching the $1 trillion milestone by 2027, Uttar Pradesh has successfully secured the position of India’s second-largest economy. This achievement, as reported by the online blogging platform soic.in and covered by The Times Of India, surpasses Tamil Nadu, Gujarat, and West Bengal.
According to the report posted on X, Uttar Pradesh now commands a notable 9.2% share in the country’s gross domestic product (GDP), positioning itself just behind Maharashtra, which leads with a 15.7 percent share. This represents a noteworthy rise for Uttar Pradesh, which previously held the third position.
In terms of GDP share, Uttar Pradesh has surpassed states such as Tamil Nadu (9.1%), Gujarat (8.2%), and West Bengal (7.5%). States like Karnataka (6.2%), Rajasthan (5.5%), Andhra Pradesh (4.9%), and Madhya Pradesh (4.6%) lag significantly behind Uttar Pradesh.
Under the leadership of Chief Minister Yogi Adityanath, Uttar Pradesh has made rapid progress in various sectors over the past seven years. Organized crime in the state has now been eradicated, and the industrial sector is advancing swiftly. UP has also climbed from the 14th to the 2nd position in the ‘Ease of Doing Business’ rankings.
Furthermore, owing to improvements in law and order, connectivity, and infrastructure, the state has attracted investment proposals exceeding ₹ 40 lakh crore through GIS 2023, which are expected to be implemented soon. This will result in the creation of over one crore employment opportunities in the state.
At present, the state is exporting goods valued at nearly ₹2 lakh crore. The loan-deposit ratio of banks has risen from 42-43% to 56 %, with efforts underway to increase it to 60%.
Uttar Pradesh has become a revenue surplus state, with 56 percent of its population employed. Additionally, approximately 96 lakh MSME units have been established.
CM Yogi has positioned Uttar Pradesh, once considered a BIMARU state, at the forefront of the development race. These accomplishments will not only make UP the growth engine of the country but will also contribute to achieving the goal of making the state a $1 trillion economy.
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