Uttar Pradesh Becomes India’s Second-Largest Economy in Just 8 Years

Uttar Pradesh has emerged as India’s second-largest economy, climbing from sixth place in 2016-17 to its current position in just eight years under Chief Minister Yogi Adityanath’s leadership. This transformation has been driven by technological advancements, fiscal discipline, and strategic investments that have strengthened the state’s economy.

Speaking at the state budget presentation, Yogi Adityanath highlighted that UP has moved beyond the BIMARU (economically weak) category to become one of India’s most financially stable states. The government has successfully reduced the fiscal deficit from 3% of GSDP to 2.9%, showcasing efficient financial management.

Massive Investment & Job Creation
•    ₹45 lakh crore in investment proposals have been received in the past eight years.
•    ₹15 lakh crore worth of investments have been implemented, generating employment for 60 lakh youth.
•    District headquarters will be developed into smart cities, following the model of Prayagraj for Kanpur, Meerut, and Mathura.
•    Six crore people have been lifted out of poverty in the past few years.
•    The 2025-26 budget has earmarked ₹250 crore for zero-poverty initiatives.

Strong Fiscal Management
The NITI Aayog (National Institution for Transforming India) has placed Uttar Pradesh among the top-performing states in financial governance, recognizing its reduction in fiscal deficit and increased economic stability.

Rural & Infrastructure Development
•    ₹1,050 crore allocated for four new expressways to boost connectivity.
•    ₹700 crore sanctioned for two new bridges in Prayagraj.
•    Development of “Utsav Bhavans” (community halls) in villages for social events and gatherings.
Chief Minister Yogi Adityanath emphasized that these reforms and developments are part of the state’s long-term vision to create jobs, attract investment, and improve the quality of life for residents, positioning UP as India’s leading economic powerhouse.