Hindustan Times (East UP)

UP calls eight bidders for technical presentati­ons on November 21

- Umesh Raghuvansh­i uraghuvans­hi@hindustant­imes.com

LUCKNOW: The Uttar Pradesh government has decided to call all the eight bidders to make technical presentati­ons here on November 21 for the selection of a consultant to work out a roadmap to boost the size of state’s economy (GSDP) to one trillion dollars in the next five years.

The eight bidders include global consulting companies and a top management institute of India.

The decision to call them was taken at a meeting of a highpowere­d committee that chief secretary RK Tiwari presided over here on Wednesday.

“Yes, we have invited eight bidders — Arthur D Little, ISAARC, Boston Consulting, Grand Thornton, Deloitte Touche Tohmatsu, Friday Micro Ventures, Nangia & Co, and IIM Ahmedabad — to make the technical presentati­ons on November 21,” said a senior officer associated with the process of appointmen­t of the consultant.

The state government would ask the consultant to boost the size of the state’s gross domestic product (GSDP) to one trillion dollars in the next five years. The revised RFP (Request for Proposal), issued after the prebid conference on June 29, had left it open to the state government to decide the date and time for technical presentati­on, evaluation and opening of financial bids.

Asked about the timeline for the opening of financial bids, the officer said a decision would be taken only after the technical presentati­ons.

The state government’s revised RFP document pointed out that GSDP has already touched Rs 15.80 lakh crore (US$ 230 billion) with a rich growth rate of 7% over the previous year in 2018-19.

Uttar Pradesh’s GSDP witnessed a negative growth of 22.5% in the first quarter of 2020-21. The state government has claimed a consistent increase in the state’s revenue collection­s in the past four months but its performanc­e on the financial front will be keenly watched in the coming months amid the fight against Covid-19.

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