Uttar Pradesh's Vision for a $1 Trillion Economy

As part of the centenary celebrations of Bharat Ratna Atal Bihari Vajpayee and Good Governance Week, a significant session on Ease of Doing Business (EoDB) and Uttar Pradesh’s ambitious vision of becoming a $1 trillion economy was held at Tilak Hall, Vidhan Sabha Secretariat. The event underscored the strides made by the state in fostering a business-friendly environment and attracting investments.

Dignitaries and Key Insights

The session witnessed the presence of prominent dignitaries, including:

• Asim Arun, Minister (Independent Charge) for Social Welfare, Scheduled Castes, and Scheduled Tribes Welfare

• Abhishek Prakash, CEO of Invest UP

• Alok Kumar, Principal Secretary of Planning and Program Implementation

• K. Ravindra Naik, Principal Secretary of Secretariat Administration

Addressing the gathering, Minister Asim Arun emphasized equipping stakeholders with modern tools and skills to achieve the $1 trillion economy vision. He described the government’s relentless efforts as “paving the highway of development,” urging all involved to accelerate progress through continuous skill enhancement.

A detailed presentation by Invest UP highlighted key accomplishments in improving business operations in the state. Central to these efforts is the ‘Nivesh Mitra’ portal, a single-window platform offering over 500 online services across 42 departments. Garnering a 97% user satisfaction rate through third-party audits, the portal has become a cornerstone of Uttar Pradesh’s EoDB framework.

CEO Abhishek Prakash outlined proactive measures to reform outdated regulations, stating, “We have decriminalized over 500 rules to foster a business-friendly environment.” He stressed the importance of these reforms in positioning the state as an attractive destination for both domestic and international investors.

Vision for the $1 Trillion Economy

Principal Secretary Alok Kumar presented a strategic roadmap towards the $1 trillion economy target. He stressed the necessity of meticulous planning, execution, and stakeholder collaboration to achieve this ambitious milestone.

Commitment to Investment and Development

The event concluded with a renewed commitment to strengthening Uttar Pradesh’s role as a hub for business and investment in India. With platforms like ‘Nivesh Mitra’ and continuous policy reforms, the state is poised to drive sustainable economic growth while honoring the legacy of Atal Bihari Vajpayee through good governance practices.