Uttar Pradesh Finance Minister presents Budget 2023, highlights 16.8% growth in GDP

Uttar Pradesh Finance Minister Suresh Khanna presented the state’s annual Budget for 2023-24 in Vidhan Sabha on Wednesday and highlighted the 16.8 per cent growth in the state’s GDP. This is the second budget for the Yogi 2.0 government.

“The state has recorded a 16.8% increase in state GDP which is higher than the national growth rate,” Suresh Khanna said in his budget speech. He added that the unemployment rate was 14.4 per cent before 2017 and has come down to 4.2 per cent.

Earlier in the day, Chief Minister Yogi Adityanath said the Budget for a “new Uttar Pradesh” will add golden chapters in the development history of the state.

“This budget will fulfill the interests of every section of society as per the vision of Prime Minister Narendra Modi,” Yogi Adityanath said in a tweet.

Meanwhile, Samajwadi Party chief and Leader of Opposition Akhilesh Yadav said he hopes the chief minister and finance minister will take steps to make UP a USD 1 trillion economy.

“In the last six budgets of this government, no steps were taken for the welfare of farmers, and youth and unemployment also remained unaddressed,” he further said.