Uttar Pradesh now 2nd largest economy, races ahead of Tamil Nadu
The CMO stated that Uttar Pradesh in terms of the GDP share has outpaced states such as Tamil Nadu (9.1 per cent), Gujarat (8.2 per cent), and West Bengal (7.5 per cent). The CMO stated that “States like Karnataka (6.2 per cent), Rajasthan (5.5 per cent), Andhra Pradesh (4.9 per cent), and Madhya Pradesh (4.6 per cent) are significantly behind Uttar Pradesh”.
UP CM Yogi Adityanath
By Our Special Correspondent
New Delhi, December 17: The office of the Uttar Pradesh chief minister Yogi Adityanath has claimed that the state is now the second largest economy in India. The CMO in a statement has said that the economy of Uttar Pradesh is now only behind Maharashtra, while the Adityanath government will seek to make the state the largest economy in the country.
“In a major accomplishment for the Yogi government, Uttar Pradesh has emerged as the second largest economy of India. Highlighting the efforts of Chief Minister Yogi Adityanath towards making Uttar Pradesh the leading state in terms of economy, a report of prominent online blogging platform soic.in, which keeps track of investments and stock market, has revealed that UP is the second largest state in the country in GDP share after Maharashtra,” said the office of the chief minister in a media statement.
The CMO said that the “report is in the form of creative graphics and is based on Sensex and Credit Lyonnais Securities Asia”. It added: “According to official statistics, Uttar Pradesh was third in GDP share. With this achievement, the Yogi government will now work on making UP the top economy of the country. In a creative shared on the social media platform X, Uttar Pradesh is depicted as securing the second position in terms of GDP share. As per this, while Maharashtra leads with a GDP share of 15.7 per cent in the country’s total GDP, Uttar Pradesh follows closely with a GDP share of 9.2 per cent.”
The CMO stated that Uttar Pradesh in terms of the GDP share has outpaced states such as Tamil Nadu (9.1 per cent), Gujarat (8.2 per cent), and West Bengal (7.5 per cent). The CMO stated that “States like Karnataka (6.2 per cent), Rajasthan (5.5 per cent), Andhra Pradesh (4.9 per cent), and Madhya Pradesh (4.6 per cent) are significantly behind Uttar Pradesh”.
The office of the chief minister also stated that “under the leadership of the chief minister, Uttar Pradesh has progressed rapidly in every field over the past seven years. Organized crime in the state has now reduced to zero, while the industrial sector is making rapid strides in development. UP has also jumped from the 14th to the second position in the ‘Ease of Doing Business’ rankings.”
The CMO also stated that “due to improvements in law and order, connectivity, and infrastructure, the state has received investment proposals of over Rs 40 lakh crore through GIS 2023, which are likely to be implemented on the ground soon. This will create more than one crore employment opportunities in the state. Currently, the state is exporting goods worth nearly Rs 2 lakh crore. The loan-deposit ratio of banks has increased from 42-43 per cent to 56 per cent, while work is being done to increase it to 60 per cent.”
The chief minister’s office also stated that “Uttar Pradesh is now a revenue surplus state, with 56 per cent of its population employed. Moreover, around 96 lakh MSME units have been established. CM Yogi has placed Uttar Pradesh, once considered a BIMARU state, at the forefront in the race for development. These achievements will not only make UP the growth engine of the country but also contribute to achieving the goal of making the state a one trillion economy by 2027.”
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