UP's GDP and per capita income doubled in seven years: CM Yogi

Updated : Feb 23, 2024 17:46
|
ANI

Uttar Pradesh Chief Minister Yogi Adityanath said that India is making rapid strides in development in Azaadi ka Amrit Mahotsav, becoming the fifth largest economy in the world, leaving behind Britain, which ruled the country for two centuries, and now it is set to become the third largest economy in Prime Minister Narendra Mod's third term.

Speaking at the inauguration ceremony of the new Income Tax Department building, CM Yogi said that Uttar Pradesh was keeping pace with the growth in the national economy, adding that the Gross Domestic Product (GDP) and per capita income of the state have doubled in the past seven years.

The Chief Minister, along with Union Finance Minister Nirmala Sitharaman and Minister of State for Finance Pankaj Choudhary, inaugurated the newly constructed building of the Income Tax
Department in Gorakhpur on Thursday.

The Chief Minister remarked, "Uttar Pradesh has the best infrastructure, with the CD ratio reaching around 60 percent, up from 45 percent. The goal for the next fiscal year is to increase it to 65 percent."

He added that the number of individuals filing income tax returns in the state has also increased,
pointing out that while 1.45 lakh people filed returns in 2014, presently, that number has reached 12 lakh. Banks have also shown utmost interest in contributing to Uttar Pradesh's development, he asserted.

The Chief Minister mentioned that the government is simplifying processes for taxpayers,
emphasising that the money received from taxpayers is crucial for the country's development. He said that the Prime Minister has pledged to make India a developed nation by the year 2047.
Fulfilling this commitment will require citizens to play a significant role.

Uttar Pradesh

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