Lucknow: In response to a strategy to tackle unemployment, which emerged as a key factor in the BJP’s defeat in the 2024 Lok Sabha elections, the Yogi Adityanath-led Uttar Pradesh government has set a target of 1 crore youth jobs by 2027. has announced an ambitious target of providing jobs to With assembly elections on the horizon, the state government is stepping up efforts to attract massive investment to boost economic growth and employment.

The Yogi government aims to transform UP’s economy into a trillion-dollar powerhouse by FY 2027-28. Achieving this milestone will require substantial investment, with a target of Rs 105-120 lakh crore set for industrial development.

Chief Minister Yogi Adityanath recently convened a high-level meeting with Industrial Development Minister Nand Gopal Gupta Nandi and Chief Secretary Manoj Kumar Singh to chart the way forward. “Achieving this investment target can create direct employment opportunities for one crore youth, with a number of indirect beneficiaries,” said an official of the Industrial Development Department.

The 2024 election blow highlighted the increasing importance of employment for the youth of the state. To counter this, the government has committed to create 2,00,000 jobs in various government departments.

However, officials have clarified that public sector roles alone cannot meet the state’s employment requirements. Industrial expansion and private sector investment are seen as key measures to address the broader employment challenge.

To support this level of investment, the government has set a target of acquiring and preparing 2,00,000 acres of land for industrial development by 2027.

This substantial distribution of land will accommodate new industries and large-scale manufacturing facilities, which are necessary to meet both employment and economic growth goals.

The government has introduced new accountability measures to accelerate investment projects. Divisional Commissioners and District Magistrates will now review their Annual Confidential Reports (ACRs) based on their efforts to attract investment and improve the credit-deposit ratio in their areas. The policy aims to ensure that local authorities are active in facilitating land acquisition, addressing investor concerns and implementing projects.

The state government is considering holding another global investor summit by 2026.