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Friends, there has been significant economic growth in Uttar Pradesh in recent years. The growth rate is projected to be around 19% (2023–24 est.), showing rapid acceleration. Uttar Pradesh is aiming to achieve a $1 trillion economy by 2027. Once considered an underdeveloped state, Uttar Pradesh now boasts the third-largest GDP in the country, amounting to approximately $305 billion. This GDP is equivalent to that of 16 Indian states combined.
Uttar Pradesh is home to the highest number of expressways, totaling around 13, and it also boasts 48 national highways, the highest in the nation. The state is equipped with around 27 airports, encompassing domestic, international, and military purposes. The largest airport, Jewar Airport, is currently under construction in Jewar, Uttar Pradesh.
Uttar Pradesh State Road Transport Corporation operates the largest bus service in the country, with more than 10,000 buses running. The state's industrial infrastructure is robust, with over 30 Special Economic Zones (SEZs) and more than 40 IT parks. Noida, a city in Uttar Pradesh, has emerged as a significant IT hub in the country.
Uttar Pradesh is well-connected by rail from all directions, boasting around 1,141 railway stations. The state's industry infrastructure is complemented by natural disasters being relatively low in the region, allowing for the development's longevity. A planned city, named YEIDA City, is being developed across 25,000 hectares of land with modern infrastructure as its core.
Now, let's move on to Uttar Pradesh's game-changing future mega-projects.
Reason Number 1 - Population:
Uttar Pradesh has the highest population in the country, making it easier to access both skilled and labor workforces. The state's policies and actions have significantly contributed to boosting Uttar Pradesh. New investment and industrial promotion policies have been instrumental in this regard. The state has successfully reduced its reputation for criminal activity, thus fostering an environment conducive to promoting new industries.
Reason Number 2 - Government Policies and Actions:
The state government's various policies have greatly supported the upliftment of Uttar Pradesh. Whether attracting new investments or providing tax incentives and better infrastructure to industries, the government's actions have played a crucial role. The state has significantly curbed its notorious gangster reputation, aiding the promotion of new industries.
Moreover, Uttar Pradesh has succeeded in attracting both domestic and international investments.
Reason Number 3 - Tourism Potential:
Tourism has played a significant role in Uttar Pradesh's development. Thanks to its cultural heritage and historical sites, millions of tourists flock to the state annually. This influx boosts the local economy and sustains livelihoods. Notable destinations like Mathura-Vrindavan, Kashi (Varanasi), and Agra draw visitors from across the country.
Reason Number 4 - Infrastructure Development and Planned Land:
Uttar Pradesh boasts a well-planned infrastructure network, including expressways, highways, and airports. This robust infrastructure enhances industrial development. The state's natural disaster risk is relatively low, ensuring the longevity of developed infrastructure. Planned cities like YEIDA City are set to further enhance the state's infrastructure.
In conclusion, the convergence of these factors has led to Uttar Pradesh's rapid development. Moreover, future mega-projects are poised to accelerate its growth further. If you enjoyed the video, please like and subscribe to the channel. If you're interested in smart cities and mega-projects related content, you can find it on my channel.
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