Global Investors Summit: Goal set to make UP $1 trillion economy

Global Investors Summit: Uttar Pradesh Finance Minister Suresh Kumar Khanna said on Wednesday that the state’s goal is to become a USD1 trillion economy.

Suresh Kumar Khanna, Finance Minister of Uttar Pradesh, was speaking at the UP Global Investors Summit ‘New India Growth Engine Programme’ in New York. “Uttar Pradesh’s exports were Rs 88 thousand crores in 2010, and have since increased to Rs 1.56 lakh crores. Even during Corona, our economy performed well. We want Uttar Pradesh to have a $1 trillion economy “Suresh Kumar Khanna, Minister of UP, stated

According to Union Minister Suresh Kumar Khanna, the state has electricity, security, land, and connectivity, and the goal is to invest Rs 10 lakh crores.

“UP has power, security, land, and internet access. Our target investment amount is Rs 10 lakh crores. The Netherlands, Denmark, Singapore, France, the United Kingdom, and Mauritius have all expressed interest “He continued.

Meanwhile, Uttar Pradesh Chief Minister Yogi Adityanath delivered a video message to the Global Investors Summit.

CM Yogi praised Prime Minister Narendra Modi’s efforts, saying that Uttar Pradesh has emerged as the growth engine of New India today.

“Following the Prime Minister’s mantra of ‘Reform, Perform, Transform,’ Uttar Pradesh has emerged as New India’s growth engine today,” he said.

He went on to say that under PM Modi’s leadership, India has emerged as a top investment destination.

“Under PM Modi’s leadership, India has emerged as the preferred destination for investors.”

“We have witnessed a new era of political stability and good governance in the country over the last eight years,” said CM Yogi.

CM Yogi stated that investment projects worth Rs 4 lakh crore have been launched in UP, indicating the confidence that investors have in the new UP.

“With abundant natural resources, Uttar Pradesh is a leading state in ease of doing business, with good governance, a zero-tolerance policy for crime and corruption, and more than 25 investment-friendly industrial policies. With modern infrastructure, Uttar Pradesh has joined the state “CM Yogi stated.

He emphasised the state’s Gross State Domestic Product (GSDP) estimate, stating that the GSDP increased by 65% between 2016 and 2017.

“The state’s GSDP is estimated to be Rs 21 lakh crore in 2022-2023, a 65% increase over 2016-2017, and the state’s economy has grown by 11% during this period,” CM Yogi said.

Source link