UP Chief Minister Yogi Adityanath Unveils 10 Key Sectors State Will Focus On For $1 Trillion Economy Goal

In a bid to achieve the ambitious goal of a $1 trillion economy, the Chief Minister of Uttar Pradesh, Yogi Adityanath, has revealed a detailed action plan to focus on 10 key sectors. The announcement came after the recently held Global Investors Summit, where investment proposals worth Rs 35 lakh crore were received.

The 10 sectors identified by the state government include law and order, agricultural production, social security, infrastructure and industrial development, urban development, rural development, medical and health, education, tourism and culture, and revenue collection. The responsibility of each sector has been assigned to an experienced officer of the level of additional chief secretary.

With a historic budget of Rs 6.90 lakh crore for the financial year 2023-2024, the state government is optimistic about achieving the goal of establishing Uttar Pradesh as the country's largest economy by 2027. Yogi Adityanath has instructed officials to prepare a detailed action plan in mission mode for the next four years.

The announcement of the 10 sectors to focus on has been welcomed by experts and industry leaders, who believe that a coordinated effort in these areas could unlock the state's full economic potential.

The state has made significant progress in improving the overall infrastructure, with massive investments in sectors such as expressways, airports and digital connectivity. These measures have helped create a conducive environment for business and investment, with several multinational companies setting up their operations in the state.

According to a government spokesperson, despite the economic downturn witnessed by the world during the last three years of the Covid-19 pandemic, Uttar Pradesh's Gross State Domestic Product (GSDP) recorded an impressive growth of 16.8 percent in 2021-22. This growth has been attributed to the financial discipline and joint efforts of the government.

Furthermore, Uttar Pradesh's contribution to the national Gross Domestic Product (GDP) stands at approximately 8 per cent.

The success of this initiative could not only transform the economy of UP but also have a impact on the country's overall growth trajectory, including the target of becoming a $5 trillion economy in the next few years.