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Magadh Today > Latest News > India > With 9.2% Share In India’s GDP, UP 2nd Largest Economy: Report
India

With 9.2% Share In India’s GDP, UP 2nd Largest Economy: Report

Gulshan Kumar
Last updated: 2023/12/18 at 9:21 AM
By Gulshan Kumar 2 years ago
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Lucknow: In a strategic move toward achieving Chief Minister Yogi Adityanath’s ambitious target of reaching the $1 Trillion-mark by 2027, Uttar Pradesh has successfully positioned itself as the second-largest economy in India. This significant development, revealed in a comprehensive report by the renowned online blogging platform soic.in, sheds light on the state’s economic prowess and growth trajectory.

The report, leveraging data from Sensex and CSLA, underscores Uttar Pradesh’s impressive 9.2% share in the country’s GDP, putting it just behind Maharashtra, which leads with 15.7%. This marks a notable ascent from its previous third-place position, surpassing states like Tamil Nadu (9.1%), Gujarat (8.2%), and West Bengal (7.5%).

A government spokesperson attributes this economic surge to Chief Minister Yogi Adityanath’s leadership, citing significant reductions in organized crime, rapid strides in industrial development, and a commendable rise in the ‘Ease of Doing Business’ rankings from 14th to the second position.

Moreover, the state has become a magnet for investments, receiving proposals exceeding Rs 40 lakh crore during the GIS 2023. These investments, poised for implementation, are anticipated to create more than one crore employment opportunities in Uttar Pradesh.

This transformation not only solidifies Uttar Pradesh’s standing as a key player in India’s economic landscape but also reflects the tangible results of strategic governance and economic reforms under Chief Minister Yogi Adityanath.

 

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