Regardless of the COVID-19 pandemic, Uttar Pradesh has achieved a lot better monetary administration. Within the yr 2016-17, when the BJP authorities was shaped within the state, the GSDP of the state was Rs 12.47 lakh crore. At current, it has reached the extent of Rs 17.49 lakh crore. On this approach, there was a rise of about 40 per cent within the final 5 years, Khanna instructed reporters.
Together with this, the credit score deposit ratio of the state has additionally elevated. When the BJP authorities got here to energy 5 years in the past, this ratio was 46 per cent and now, it has elevated by six per cent, he famous.
The minister mentioned that the 100 days programme introduced by his division features a mortgage disbursal of Rs 21 thousand crore to the eligible folks underneath varied heads and this work has already began.
Within the subsequent six months, a mortgage of Rs 51,000 crore and within the subsequent 5 years, Rs 2 lakh crore could be disbursed, he mentioned.
Greater than 90 thousand banking shops have been opened within the state over the past 5 years, which additionally embrace Financial institution Mitras and Financial institution Sakhis, he mentioned.
About 1,14,882 Financial institution Mitras and Financial institution Sakhis assist most of the people on this banking system, the minister added.
At current, there are 19,056 financial institution branches in Uttar Pradesh and on this approach, there’s a complete of 1,33,938 banking shops within the state.
To extend the banking facility within the state, the federal government has determined to arrange 700 financial institution branches and 700 ATMs within the coming days, the minister mentioned.
Khanna mentioned that digital transactions have additionally improved in Uttar Pradesh. In 2021-22 until December, digital transactions of Rs 268 crore had been carried out, which was solely Rs 122.84 crore within the yr 2017-18.
He additionally mentioned that there has additionally been a major enhance within the variety of financial institution accounts within the state by way of the Pradhan Mantri Jan-Dhan Yojana.
On this case, Uttar Pradesh is on the primary spot, he added.
There are seven crore 90 lakh beneficiaries of this scheme within the state until 2022, whereas 5 years in the past their quantity was 4 crore 47 lakh. At current, an quantity of Rs 33,493 crore is deposited in Jan Dhan accounts within the state.
Khanna mentioned that the scheme for road distributors underneath the Prime Minister Svanidhi was essentially the most profitable in Uttar Pradesh. Other than this, the state additionally topped in Atal Pension Yojana.