Economy of Uttar Pradesh | Wikipedia audio article
Channel: wikipedia tts
Date: 2018-11-12

This is an audio version of the Wikipedia Article:
Economy of Uttar Pradesh

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SUMMARY
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The economy of Uttar Pradesh is the fourth largest of all the states of India. According to the state budget for 2017-18, Uttar Pradesh's gross state domestic product is ₹16.89 lakh crore (US$240 billion). The largest Indian state, Maharashtra, has an urban population of 50,818,259, while Uttar Pradesh has an urban population of 44,495,063. According to the 2011 census report, 22.3% of Uttar Pradesh's population lives in urban areas. The state has 7 cities with populations exceeding 1 million each. After partition in 2000, the new Uttar Pradesh state produces about 92% of the economic output of the old Uttar Pradesh state. In 2011, the Tendulkar committee reported that 29.43% of Uttar Pradesh's population is poor, while the Rangarajan committee reported that 39.8% of the population is poor.
In the tenth five-year planning period of 2002 and 2007, Uttar Pradesh registered an annual economic growth rate of 5.2%. In the eleventh period, between 2007 and 2012, Uttar Pradesh registered an annual economic growth rate of 7%. In 2012-13 and 2013–14, however, the growth rate decreased to 5.9% and 5.1%, respectively, one of the lowest in India. The state's debt was estimated at 67% of the gross domestic product in 2005. In 2012, the state was one of the highest receivers of overall remittances to India which stood at $0.1 billion (Rs. 3,42,884.05 crore), along with Kerala, Tamil Nadu, and Punjab. Additionally, the state government has selected five cities for Metro train projects: Meerut, Agra, Kanpur, Lucknow, and Varanasi. The Lucknow Metro project was completed in September of 2017. Uttar Pradesh is an agrarian state, and it contributed 8.89% in food grain production to the country in 2013-14.