The state is aiming to expand the total land bank to 82,000 acres by the end of financial year 2024-25 (FY25). So far, it has created a land bank of 54,000 acres, with almost 40 percent allocated for industrial purposes.
"We have set a target of creating a land bank of 150,000 acres by 2027 to boost industrial and infrastructure development. This will necessitate fresh acquisition of 96,000 acres across UP, beyond our current industrial land bank of 54,000 acres," a senior government official said.
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