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The National Restaurant Association of India has urged the government to restore input tax credit to restaurants while increasing the GST rate to 12 percent from the current 5 percent. They have also called for an equitable and fair e-commerce policy and policy support for the sector in the upcoming Union Budget.
The state has also listed seven mantras to achieve the dream: investments, human capital, innovation, market efficiency, governance, infrastructure, and holistic inclusive growth.
Uttar Pradesh becomes Second-Largest Economy In India: Surging ahead with remarkable strides, Uttar Pradesh has now become India's second-largest economy, surpassing key states in its pursuit of Chief Minister Yogi Adityanath's ambitious goal of achieving the $1 trillion mark by 2027.
According to official statistics, Uttar Pradesh was third in GDP share. In a creative shared on the social media platform X, Uttar Pradesh is depicted as securing the second position in terms of GDP share. As per this, while Maharashtra leads with a GDP share of 15.7 percent of the country's total GDP, Uttar Pradesh follows closely with a GDP share of 9.2 percent.
Uttar Pradesh has emerged as the second-largest economy in India with a 9.2% share in the country's GDP, according to a report by soic.in. This places