Impact of Ram Temple on Uttar Pradesh Economy: SBI Report and International Estimates

by time news

Lucknow: The opening of the Ram temple in Ayodhya will give impetus to the economy of the state of Uttar Pradesh, according to the SBI report. It is further stated that:

Based on national and international estimates, one lakh devotees are expected to visit Ayodhya every day after the opening of the Ram temple. It may soon increase to 3 lakh per day. If each devotee spends approximately Rs 2,500, the local economy of Ayodhya alone will increase by Rs 25,000 crore. This will give a huge boost to Uttar Pradesh economy.

Due to the Ram temple and other tourism-focused initiatives, Uttar Pradesh is estimated to have a tax collection of up to Rs 5,000 crore in 2024-25 and an overall revenue of Rs 4 lakh crore this year.

5 crore devotees.. According to Jefferies, a foreign research firm, the number of visitors to Ayodhya will surpass that of Vatican City, Mecca. Accordingly, Ayodhya is expected to attract 5 crore devotees annually. This is the U.P. Apart from this, it will also benefit the Indian economy.

Tirupati attracts 2.5 crore devotees annually and earns Rs 1,200 crore in revenue for Andhra Pradesh. Vaishnava Devi Temple earns Rs 500 crore by attracting 80 lakh visitors per year, Taj Mahal in Agra earns Rs 100 crore by attracting 70 lakh tourists per year and Agra Fort earns Rs 27.5 crore by attracting 30 lakh tourists. It says so.

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