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UP forms global expert council to achieve Viksit UP goal with $1-trillion economy by 2047

With a view to achieve the goal of Viksit UP by 2047 with a USD 1 trillion economy, State Transformation Commission has formed an Advisory Council of global experts.

UPSTC constitutes Advisory Council

With a view to achieve the goal of Viksit UP by 2047 with a USD 1 trillion economy, the State Transformation Commission (STC) has formed an Advisory Council of global and national experts to guide the state’s push towards it.

The council will advise on long-term economic transformation, review development strategy, and suggest policy interventions and reforms. Its recommendations will be advisory in nature and will be placed before the govt for action.

A memorandum in this regard was issued on Wednesday. According to it, the Advisory Council will function as a high-level strategic advisory body to the STC, the state’s highest think tank.

The full council is supposed to meet at least twice a year, while special meetings will be decided by the chairperson.

Former NITI Aayog CEO and World Bank’s ex- Executive Director Parameswaran Iyer will head the council as Chairperson. The STC CEO, Manoj Kumar Singh, will be its Vice Chairperson, while additional CEO Akshat Verma will serve as member secretary.

Members of the Advisory Council include Samsung Southwest Asia president JB Park, World Bank chief economist Indermit Gill, UPL chairperson Jai Shriff, geneticist and Padma Shri awardee Dr Ashok Kumar Singh, HCL CEO C Vijayakumar, Gates Foundation India Country Director Archna Vyas, Dr Arunabha Ghosh, former CEEW chief and COP30 Special Envoy, Dr Soumya Swaminathan of the MS Swaminathan Research Foundation, Tornos founder Prateek Hira, FedEx Express India’s Suvendu Choudhury, and USISPF president Dr Mukesh Aghi.

The Chairperson will be empowered to invite experts from outside and can seek data and inputs from state departments through the Secretariat.

Further, the council has the mandate to work across eight areas, including employment generation, improving MSME competitiveness, and upgrading the One District One Product scheme.

It will recommend measures to attract domestic and foreign investment, improve Uttar Pradesh’s competitiveness, and identify opportunities in new sectors while strengthening existing industrial ecosystems. The mandate also covers infrastructure, logistics and connectivity, emerging technologies and innovation for governance, sectoral roadmaps, human capital strengthening, innovative financing mechanisms, and partnerships with banks, universities, international think tanks and other institutions.

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