In 2017, treasury was empty, UP now revenue surplus: Adityanath

In 2017, treasury was empty, UP now revenue surplus: Adityanath


LUCKNOW Chief minister Yogi Adityanath on Monday said when he took charge in 2017, no bank chairman or CMD was willing to even take his call given Uttar Pradesh’s “dire financial situation”, but since then, the state has transformed from “BIMARU to revenue surplus”.

In 2017, treasury was empty, UP now revenue surplus: Adityanath
Chief minister Yogi Adityanath speaks during a programme to distribute appointment letters to newly selected employees of cooperative societies and panchayat audit department, in Lucknow, Monday (PTI Photo)

“When the government was formed in 2017, the treasury was empty. We had to fulfil our election promises, but no bank chairman or CMD was ready to take my calls. It meant no one wanted to lend to UP. In that difficult phase, we decided to increase our own resources,” he said.

“Today, Uttar Pradesh is a revenue surplus state and is capable of completing even large infrastructure projects through its own financial resources,” added the CM.

Adityanath was addressing a gathering after distributing appointment letters to 371 newly selected auditors for cooperative societies and panchayat audit departments and 129 for the local fund audit department.

Taking a swipe at earlier regimes, he said the incomplete Jai Prakash Narayan International Centre (JPNIC) project, started before 2017, is an example of financial irregularity and mismanagement.

“JPNIC had an initial cost of 200 crore, which increased to 860 crore, yet the project remains incomplete. It is misuse of public money and an insult to the name of a great personality. Our government made the nearly 600-km Ganga Expressway project worth 42,000 crore and completed it without bank loans,” he added.

Emphasising the need for fiscal discipline at all levels, Adityanath said strong financial management in panchayats and urban local bodies is essential for achieving the goal of a “developed Uttar Pradesh”. He also highlighted transparency in recruitment, saying the selection process was conducted without recommendations and ensured equal opportunity for all candidates.

The CM said UP is now among the top three economies in the country, whereas earlier it was among the bottom three. Before 2017, the state earned about 12,000 crore from excise, which has now increased to around 62,000-63,000 crore due to plugging leakages. These leakages were not technical but caused by misuse within the system, he added.

The chief minister alleged that before 2017, paper leaks were common in medical, engineering and recruitment exams, and nepotism was widespread, adding that more candidates were selected than available posts, leading to disputes and court cases, ultimately harming the youth.

Adityanath said under the present system, equal opportunities have been ensured for eligible candidates from all religions, castes and regions. Reiterating his government’s stance, he said there is “zero tolerance” towards crime, criminals, corruption and the corrupt.

“Women’s participation in the state is increasing. Out of 371 selected candidates in cooperative and panchayat audit, 78 are women, and out of 129 selected in local fund audit, 25 are women,” he added.

He said government policies have generated employment for around 3 crore people in the MSME sector and various schemes like Drone Didi, Lakhpati Didi, BC Sakhi, dairy initiatives, PM Startup and the Chief Minister’s Youth Entrepreneur Scheme are helping youth and women move forward.


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