Uttar Pradesh-An Emerging Economic Power|A $1 Trillion by 2030 & $6 Trillion Economy by 2047 !

Uttar Pradesh-An Emerging Economic Power|A $1 Trillion by 2030 & $6 Trillion Economy by 2047 !

Dear Friends, It is indeed pertinent to mention that in 1960s to 1970s , Uttar Pradesh use to contribute nearly 15% to India GDP and it came down to 5.5 % in 2015-16 but again it is contributing nearly 08% in 2023-24. Yogi Adityanath led government since 2017 onwards has set a new bench mark in Law & Order, ease of doing business, creation of world class robust, resilient & sustainable physical infrastructure as well as spiritual with revival of civilizational value system, fostered a rich repository of skilled manpower and a favored investment destination and it is supported & backed by " Double-Engine" growth model that is inspired by the vision propagated by the Hon'ble Prime Minister of India, Reform, Perform, & Transform. UP economy is projected to be about rupees 32 lakh crore ( $ 380 billion) by FY 2024-25. A special focus is paid on building new capabilities, policies frameworks towards reforms, efficiency of governance model, industrial growth, and a very robust law & order eco-system in place, state-of-art infrastructure, 21 airports( max in India) including 05 international, expressways, dedicated freight corridors, Vande Bharat Railway Network, metro railways networks , industrial & defense corridors and IT parks. The dynamic leadership of Narendra Modi at centre is supporting UP in a big way to empower Farmers, Poor, Women, Youth & MSME.

#UP is first state to have 13 express high ways and India's first 12 lane expressway is operating between Delhi & Meerut.

#Metro are underway in 06 cities and a regional transit railway between Delhi & Meerut is going to be operational by the end of 2024.

#Multi -modal logistic terminal are coming up at Varanasi and Noida

#Two defense corridors are under construction

#Dedicated Freight Corridors are under construction

#Jewar Airport shall be Asia's Biggest Airport and it is going to be a pivot to spurt Economic Growth

#UP is attracting investments in Agriculture, Energy, Health, IT & ITES , Urban & Infra , Tourism and Manufacturing sectors

#UP is transformed in to Udyam Pradesh and being built up a landbank of about 1.5 lakh acres by FY 2024-25. Noida, Greater Noida, Yamuna Expressway, Kanpur & Lucknow are coming up in a big way

#UP was at 14th place in EODB in 2016 and now it has graduated as an Achiever State in 2020-21

#GIS enabled landbank at UPSIDA, NOIDA, YEIDA, GIDA.

#One District One Product (ODOP) is a very ambitious programme and it is running very efficiently

#UP Global Investment Summit attracted nearly investment proposals worth 40 lakh crores and it is going to generate nearly 160 millions jobs

#Agriculture has contributed rupees 6 lakh crores towards UP GDP in FY 23-24 and it is going to touch rupees 7.25 lakh crores by FY 24-25.

#Centre has supported farmers oriented schemes such as soil testing, agriculture insurance, irrigation, and 12 crore farmers are getting such benefits Pan India and 17 % are in Uttar Pradesh.

#UP has only 11 & agricultural able land but its production is 20% and it is result of Double Engine Sarkar.

#Good seeds, fertilizers, and water is being provided enough for all crops and being paid fair price to all crops.

#Mandi Act is being amended in order to expand the market access to the farmers.

#UP is No.1 in Milk Production, Sugar Production and Supply of Ethanol.

#UP first state where Farmers are being provided subsidy through DBT.

#farmers paid PM Kisan Samman Nidhi

#Climate Friendly crops are encouraged, organic farming is promoted.

#100 power subsidy for electricity charges to 18.50 lakh tube wells helping 1.5 crore farmers.

#CM Farmers Accident Welfare scheme provided an accident insurance of Rs. 5.0 lakh.

#36 crore saplings were provided to the farmers planted in order to support carbon credit trading scheme.

#Under UP-AGREES Scheme nearly 500 Kisan shall be sent abroad to see modern farming techniques and technology adopted in order to increase production.

#Farming with Drone Technology is promoted where women drone piolets are being trained.

#PM Kusum Yozna is supporting roof top solar panels with subsidy.

#Khet Talab Yozna is also propagated with 50% subsidy.

#UP Agriculture Equipment Subsidy Scheme is also in progress.

So, it is destined that UP shall be a $1 trillion economy by 2030 and $ 6 trillion by 2047. Main credit goes to Double Engine Sarkar.


Sudhir Kumar

ESG,DEI,Certified Corporate Director,#1bestselling author,Risk Analysis,SMRs,Nuclear Tech,Leadership, OD & Team Building,AI & Cyber Secu

3w

UP has many surprises in store.

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