Uttar Pradesh has become the nation’s second-largest economy, a swift keep toward Chief Minister Yogi Adityanath’s goal of reaching the $1 trillion mark by 2027, according to a report by well-known online blogging platform Soic. 

According to the stock market and investment tracking platform, UP has the second-highest GDP share in the nation, behind Maharashtra. 

Only Maharashtra (15.7%) has a larger share of the nation’s GDP than Uttar Pradesh (9.2%), according to the report shared on X. So far, UP was in third place. 

West Bengal (7.5%), Tamil Nadu (9.1%), and Gujarat (8.2%) have all trailed behind Uttar Pradesh. These include states like Madhya Pradesh (4.9%), Karnataka (6.2%), Rajasthan (5.5%), Andhra Pradesh (4.9%), and so forth. 

Yogi Adityanath, the Chief Minister, has led Uttar Pradesh to rapid progress in all areas during the last seven years. The state currently has zero organized crime, and the industrial sector is developing quickly. According to a government spokesman, UP has also moved from the 14th to the second spot in the “Ease of Doing Business” rankings. 

Furthermore, due to advancements in infrastructure, connectivity, and law and order, the state has been presented with investment proposals worth over Rs 40 lakh crore through GIS 2023, which will come into effect shortly. It will generate over one crore new jobs in the state, he said.

The state currently exports goods valued at close to Rs 2 lakh crore. He claims that the ratio of bank loans to deposits has increased from 42-43% to 60%. P is now a revenue surplus state, with 56% of its population employed. 

There are currently 96 lakh MSMEs in existence. UP, which had a reputation as a BIMARU state, is now leading the way in the race for development thanks to CM Yogi, he said.