Lucknow

The Uttar Pradesh government is actively embracing the Public-Private Partnership (PPP) model across various sectors to achieve its ambitious goal of growing the state’s economy to one trillion dollars by 2027-28. According to official statements, achieving this target requires an estimated total investment of $1.3-1.5 trillion (approximately Rs 105-120 lakh crore), with public investment expected to range between Rs 12-16 lakh crore and private investment between Rs 93-108 lakh crore.

To expedite these efforts, the government plans to establish a dedicated PPP cell within the existing framework. This initiative aims to address institutional gaps and facilitate collaboration between the public and private sectors for infrastructure development. Similar PPP cells in other states, including neighbouring Uttarakhand, have proven effective in attracting private investment across sectors like transport, energy, healthcare, education, and tourism.

Under the leadership of CM Yogi Adityanath, Uttar Pradesh is prioritizing the PPP model in key sectors with significant growth potential. These include agriculture, manufacturing, tourism, IT & ITES, education, skill development, energy, health, infrastructure, and urban development. The state aims to attract substantial investment totaling Rs 105-120 lakh crore from 2023-24 to 2027-28 to achieve its economic vision.

In 2022-23, Uttar Pradesh’s economy was valued at USD 279 billion. CM Yogi Adityanath has committed to expanding this to one trillion dollars within the next five years, emphasizing rapid and inclusive development. Sector-specific interventions are being implemented to foster economic growth, with a focus on leveraging the PPP model to mobilize private capital effectively.