Uttar Pradesh US $ One Trillion Economy – How Realistic Is It?

After our Prime Minister, Shri Narendra Modi, called to make the Indian economy a US Dollar (USD) 5 trillion economy, he also gave an arduous task to Uttar Pradesh that it must contribute USD one trillion towards the national goal. After re-electing into power, Uttar Pradesh Chief Minister Shri Yogi directed officials to prepare a detailed roadmap and implement it to achieve the USD one trillion mark by 2027. The present study attempts to analyse the rationality of the target based on historical sectoral and sub-sectoral growth performances. The study utilises the EPWRF India Time Series data for Uttar Pradesh from 1980-81 to 2019-20. With the most optimistic approach, the analysis shows that Uttar Pradesh needs to grow at least 27.80 per cent per annum (nominal growth rate) up to 2027. However, Uttar Pradesh has never achieved such a high growth rate in the last four decades, making the required growth rate too ambitious.