Making of 'Yoginomics': Micro industries to macroeconomy
Business Standard|November 29, 2024
FROM RUST BELT TO BOOMTOWN: How the Chief Minister's playbook is rewriting UP's growth story with bold reforms and visionary governance
Making of 'Yoginomics': Micro industries to macroeconomy

Uttar Pradesh (UP) Chief Minister (CM) Yogi Adityanath has emerged as a 'Vikas Purush' (growth leader) of the state. UP's all-around rapid growth, spanning its economy, cultural tourism, agriculture production, and the micro, small and medium enterprise (MSME) sector in the past seven years, has had the state's policymakers credit it to 'Yoginomics'.

At the recent Business Standard Samriddhi round table held in Lucknow, Awanish Kumar Awasthi, advisor to the UP CM, elaborated upon the tenets of Yoginomics. He said the first step in Yoginomics is the absolute enforcement of the rule of law and zero tolerance for crime.

In August, while addressing the UP Assembly, Adityanath cited data from the National Crime Records Bureau to buttress his claim that the crime rate was lower during the Bharatiya Janata Party government's tenure since 2017 compared to the preceding Samajwadi Party government.

The UP CM said that there has been a decline of 78.17 per cent in cases of robbery, 70 per cent in cases of kidnapping for ransom, 67.42 per cent in riots, and 43.21 per cent in murders.

Second, Awasthi said, was to provide each government department access to the latest technology to facilitate maximum coverage of the government's welfare schemes, both those of the Centre and the UP government. UP should be no. 1 in the number of beneficiaries covered in the central government schemes and ensure cent per cent saturation of schemes of the state government, he said.

Currently, UP is no. 1 in the country in the number of beneficiaries of the Pradhan Mantri Awas Yojana. It is the topmost state in the country in the coverage of the Pradhan Mantri Surya Ghar Muft Bijli Yojana and also in the Pradhan Mantri Swachh Bharat Yojana.

UP, Awasthi said, is also the no. 1 producer in the country of foodgrain, potato production, milk production, and peas.

Bu hikaye Business Standard dergisinin November 29, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Standard dergisinin November 29, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
THE LONG ROAD TO DATA PROTECTION
Business Standard

THE LONG ROAD TO DATA PROTECTION

The DPDP Act comes with a long gestation period. What does that mean for its efficacy?

time-read
5 dak  |
January 07, 2025
Tata Punch tops '24 sales charts, ends Maruti's 40-year reign
Business Standard

Tata Punch tops '24 sales charts, ends Maruti's 40-year reign

For the first time in four decades, a non-Maruti Suzuki India car has topped the list of India's best-selling cars. In 2024, the Tata Punch, a sub-compact sport utility vehicle (SUV), became the highest-selling vehicle by delivering 202,030 units.

time-read
1 min  |
January 07, 2025
Business Standard

Isro marks milestone as cowpea seeds take root in space

Cowpea seedlings onboard PSLV-C60 POEM-4 module sprout their first leaves in space, signifying a milestone in space-based plant research, Isro said on Monday.

time-read
1 min  |
January 07, 2025
India reports 5 HMPV cases; govt says no need to panic
Business Standard

India reports 5 HMPV cases; govt says no need to panic

India on Monday reported at least five cases of Human Metapneumovirus (HMPV), which causes respiratory illness and was recently identified in China and Malaysia.

time-read
1 min  |
January 07, 2025
Business Standard

US 30-Year Bond Yield Highest Since 2023

US Treasuries slumped, lifting the yield on 30-year bonds to the highest since late 2023, as a rattled market prepares for $119 billion of fresh government debt issuance this week.

time-read
1 min  |
January 07, 2025
Business Standard

Indian Bond Index Inflows May Lag Estimates: Morgan Stanley

Indian bonds included last year in a key global benchmark will fail to draw as much money as previously estimated, according to Morgan Stanley.

time-read
1 min  |
January 07, 2025
Business Standard

Select factor fund based on conviction, risk appetite

Ajay Singh (name changed on request), a 35-year-old Noida-based lawyer, plans to invest in factor (or smart-beta) funds in 2025.

time-read
2 dak  |
January 07, 2025
Jubilant FoodWorks Hits 52-Week High
Business Standard

Jubilant FoodWorks Hits 52-Week High

Brokerages Offer Mixed Outlook After Strong Q3 Showing

time-read
2 dak  |
January 07, 2025
Business Standard

Quadrant Future Tek secures ₹131 cr from anchor investors

Quadrant Future Tek on Monday garnered ₹130.5 crore from anchor investors ahead of its initial public offering (IPO).

time-read
1 min  |
January 07, 2025
Sebi Eases Fund Settlement Norms for Dormant A/Cs
Business Standard

Sebi Eases Fund Settlement Norms for Dormant A/Cs

The Securities and Exchange Board of India (Sebi) on Monday relaxed settlement norms for brokerage accounts remaining inactive for more than 30 days.

time-read
1 min  |
January 07, 2025