News Brief
Vansh Gupta
Oct 24, 2024, 03:36 PM | Updated 03:36 PM IST
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Uttar Pradesh Chief Minister Yogi Adityanath announced on Wednesday that the state's Gross Domestic Product (GDP) is projected to reach Rs 32 lakh crore by March 2025, positioning Uttar Pradesh as the country's fastest-growing economy and paving the way for the employment of 1.5 crore youth.
Speaking at an event, CM Adityanath emphasised the state’s pivotal role in India's broader economic ambitions, particularly in contributing to the nation’s goal of achieving a $5 trillion economy.
“Uttar Pradesh is rapidly progressing towards becoming India’s leading economic powerhouse,” he remarked.
Highlighting the state’s unique achievements, CM Adityanath noted that all 75 districts of Uttar Pradesh have secured Geographical Indication (GI) tags, with Varanasi at the forefront of this initiative.
He further underscored ongoing efforts to establish the state as a major logistics hub, including the construction of a logistics ‘multimodal terminal’ in Varanasi and a proposed 'logistics hub' in Gautam Buddha Nagar.
Reflecting on the economic transformation of the state, CM Adityanath referenced the Global Investors Summit, which attracted investment proposals totalling Rs 40 lakh crore, a significant leap from the previous benchmark of Rs 20,000 crore.
He attributed this growth to the government’s progressive economic policies and its stringent crackdown on mafia and anti-social elements.
“Where earlier governments operated under a ‘One District, One Mafia’ policy, we have redefined Uttar Pradesh through the ‘One District, One Product’ (ODOP) initiative,” he said.
He further emphasised the state's rapid economic growth, noting that the GDP, which was Rs 12 lakh crore under previous administrations, has surged to Rs 26 lakh crore in 2023-24, with a target of Rs 32 lakh crore by 2025.
CM Adityanath also highlighted the government’s determined efforts to combat organized crime.
“Our administration responds to criminals and mafias with the same intensity they direct towards innocent citizens,” he stated.
He pointed to the Anti-Land Mafia Task Force, which has successfully reclaimed 64,000 acres of land from illegal occupiers.
Turning to law enforcement and public safety, the Chief Minister cited significant improvements in the state's policing capabilities.
He announced the recruitment of 1.54 lakh police personnel and the integration of advanced technologies into law enforcement to enhance security measures.
“There was a time when criminals operated with the backing of the police. Today, the scenario has reversed, with the UP Police now fully equipped to instill fear in wrongdoers,” Adityanath said at the event organized by Business Standard.
On the infrastructure front, CM Adityanath highlighted key projects such as the completion of the Purvanchal and Bundelkhand Expressways, and the ongoing work on the Ganga Expressway, which is expected to have its main carriageway ready by the year’s end.
He also mentioned the operational Gorakhpur-Link Expressway and the nation's first 12-lane expressway, which has been launched between Delhi and Meerut.
Additionally, metro rail projects are underway in six cities, and India's first inland waterway is now operational between Varanasi and Haldia.
Showcasing Uttar Pradesh's achievements in trade and exports, the Chief Minister pointed out that Moradabad’s exports have reached Rs 16,000 crore, while Bhadohi’s carpet industry now contributes Rs 8,000 crore to exports.
He also mentioned the global recognition gained by Firozabad's glass industry and Meerut’s sports goods industry, attributing the success to the state’s burgeoning micro, small, and medium enterprises (MSME) sector.
Adityanath concluded by highlighting the synergy between Prime Minister Modi’s Vishwakarma Yojana and the ODOP initiative, noting that these programs, combined with large-scale investments, are driving job creation and boosting the state’s economic profile.
Vansh Gupta is an Editorial Associate at Swarajya.