Yogi Adityanath led Uttar Pradesh emerges as 2nd largest economy of India

Uttar Pradesh has outpaced states such as Tamil Nadu, Gujarat, and West Bengal

December 18, 2023

UP emerges as economic powerhouse

Under the leadership of Chief Minister Yogi Adityanath, Uttar Pradesh has emerged as the second-largest economy of India.

UP has also jumped from the 14th to the second position in the ‘Ease of Doing Business’ rankings.

Uttar Pradesh has progressed rapidly in every field over the past seven years.

Uttar Pradesh has outpaced states such as Tamil Nadu (9.1 percent), Gujarat (8.2 percent), and West Bengal (7.5 percent).

While states that are significantly behind Uttar Pradesh are Karnataka (6.2 percent), Rajasthan (5.5 percent), Andhra Pradesh (4.9 percent), and Madhya Pradesh (4.6 percent).

A report by prominent online blogging platform soic.in, which keeps track of investments and the stock market, has revealed that UP is the second largest state in the country in GDP share after Maharashtra.

The report also highlights the efforts of Chief Minister Yogi Adityanath towards making Uttar Pradesh the leading state in terms of economy.

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.

Organized crime in the state has now reduced to zero, while the industrial sector is making rapid strides in development.

The report is in the form of creative graphics and is based on Sensex and CSLA (Credit Lyonnais Securities Asia).

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 in the country.

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