State's GDP more than doubled since 2017: UP finance minister
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Lucknow: Scaling a growth of 141%, the gross domestic product of Uttar Pradesh has gone up from Rs 12.71 lakh crore to Rs 30.77 lakh crore over the past eight years. Having scaled more than two-fold economic growth, UP is among the fastest growing states in the country, said finance minister Suresh Khanna.
The nine-term MLA from Shahjahanpur and chief guest of the event, Khanna, was addressing the gathering at TOI Dialogues where he shared the growth story of the state with the audience on Thursday. Giving credit to the strong leadership of Prime Minister Narendra Modi and consistent efforts of Uttar Pradesh Chief Minister
Yogi Adityanath
, Khanna said that UP has been able to create a positive image not only within the country but also internationally over the past eight years.
Competing with Tamil Nadu and Maharashtra presently, UP is already among the top three economies in the country, reiterated Khanna while adding that the improved law and order situation helped the state attract investors in such a large number. "According to the national crime record bureau's report, 19 states in the country have a higher rate of crime compared to UP," he said.
Revealing the strategy to grow further, Khanna said that the primary sector (agriculture and allied industries) which accounts for 26% of the state's economy is already getting saturated and the focus is now on pushing tertiary and manufacturing sectors to boost the economy further.
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While delivering his keynote address, former IAS officer who is serving as an advisor to CM Yogi Adityanath, Awanish Kumar Awasthi, said that the image of UP has changed before the world leaders.
"I have been on two international official visits recently and met senior politicians and industry leaders. I assure you that the image of UP has improved drastically under Yogi Adityanath's regime. We are not looked down upon anymore," he said.
Awasthi said, "Inspired by Modi, Chief Minister Yogi set a vision for the state to achieve USD 1 trillion economy and continuous efforts are being made to drive the economic growth." Adding that country or its state cannot move forward unless rule of law is established, Awasthi cited the example of organising mass gatherings such as 2019 Kumbh and 2025 Mahakumbh successfully and the strong message that has been sent out to the mafia.
Pointing out towards the network of expressways, Awasthi said that the Ganga Expressway, which is nearing completion, also showcases the growth story of UP. "The 594km-long expressway being executed with a budget of close to Rs 45,000 crore would be the largest public-private-partnership project in the country and signifies the trust Yogi government has built within the industry leaders," he said, adding that Jewar airport is going to shape up as another achievement of the state.
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