U.P. CM Yogi signals shift toward ‘fearless business’ and ‘trust of doing business’ in Assembly speech

Uttar Pradesh Chief Minister Yogi Adityanath while participating in the discussion on the Supplementary Budget 2025-26, on Wednesday (December 24, 2025) underscored the State’s radical transformation into a premier investment destination, driven by a paradigm shift toward fearless business, ease of doing business, and trust of doing business.

The State has shed its former ‘Bimaru’ tag to emerge as a revenue-surplus powerhouse through stringent vittiya anushasan (financial discipline) and good governance, the Chief Minister said.

“The State’s GSDP has seen a nearly threefold increase, rising from ₹12.88 lakh crore (2012-16) to an estimated ₹35-₹36 lakh crore today. Consequently, per capita income has surged from ₹43,000 to ₹1,20,000,” said Mr. Adityanath. The U.P. CM added that the Credit-Deposit (CD) ratio has improved significantly from 44% to 62-65%, with a target to reach 70%, ensuring local deposits are reinvested within the state. “U.P. is rapidly becoming a global logistics hub with 22 expressways. 15 lakh crores in investment proposals have been operationalized, creating direct jobs for over 60 lakh youth,” remarked the CM. 

The U.P. CM reiterated that the State’s zero-tolerance policy toward crime has established a secure environment where “no goon can threaten a trader or collect ‘goonda tax’. “This security, coupled with 33 sectoral policies, has made U.P. a “dream destination” for global investors, he added. “Today’s U.P. gives a guarantee of security to every citizen and a warning to every criminal,” said Mr. Adityanath.

The Supplementary Budget of ₹24,498.98 crore aims to further catalyze these developments in technology, health, and women empowerment, bringing the total budget for FY 2025-26 to over ₹8.33 lakh crore, added the U.P. CM.