UP CM asks bankers to be partners in development of State

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Chief Minister Yogi Adityanath has called upon the country's banking and financial world to become partners in the development of the country's most populous state – Uttar Pradesh.

The chief minister met the banking giants on Thursday as part of his two-day visit to Mumbai with the goal of making Uttar Pradesh the growth engine of new India and a $1-trillion economy. “I know that all of you are not only keeping an eye on your banks but also on our Uttar Pradesh.

You all are well aware of the situation here. You are both the witnesses and participants of our journey of development. When our government was formed in 2017, the financial condition of the state was extremely poor. We made some plans and called up the banks, but the credit was so poor that the banks did not respond.  Today I am delighted to inform you that everything has changed in UP. Today, we are a revenue surplus state. We have more than doubled our annual budget,” the chief minister told the bankers. He said within the last 5-6 years, the Uttar Pradesh government was developing infrastructure at a rapid pace for better connectivity through air, water, road and rail network, which would help industries to access global and domestic markets.  “Today there is Purvanchal Expressway for Eastern UP, while the Bundelkhand Expressway is accelerating the progress of Bundelkhand region, which was once considered backward. To connect eastern and western regions, we are building Ganga Expressway from Prayagraj to Meerut.

Today, Uttar Pradesh has the unique distinction of being the 'Expressway State' with world-class road connectivity,” he said. “Besides, Uttar Pradesh is going to become the only state in the country with five international airports. We were a land-locked state, but now the country's first inland waterway has been developed here,” Chief Minister Yogi said.

Lauding the role of the banks, he said that this work of development and transformation would not have been possible without the cooperation of banks. “As a result of your cooperation, today, the state has been transformed,” he added. “Uttar Pradesh is a massive state, so there are many challenges before us.

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