The state government will have to spend 75% of the first instalment and 45% ( ₹37,415 crore) of the state’s capital expenditure target of ₹83,144 crore by September 30, 2023 to get the second instalment.
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Analysts acknowledge the state government has made consistent efforts to bring about development in all the backward districts and regions and claims to have attracted investment of ₹33.50 lakh crore at the UP Global Investors Summit-2023 but add that more such steps are needed.
Scheduled for September 5, the bypoll is the first electoral contest between the Indian National Developmental Inclusive Alliance (INDIA) and the National Democratic Alliance in Uttar Pradesh.