U.P MoU with Deloitte India

On August 5, 2022, Uttar Pradesh Government inked a memorandum of understanding (MoU) with Deloitte India, to appoint it as a consultant in a bid to achieving the target of bringing UP’s economy to USD 1 trillion. Decision to appoint Deloitte India as a consultant was taken on July 19, 2022, on the recommendation of a high-powered committee.

Highlights:

  • On the occasion, Chief Minister Yogi Adityanath mentioned that, time has come for Uttar Pradesh to take full advantage of its potential. It is going to become an important base for multidimensional development of India.
  • By 2027, state is going to become a benchmark of “sabka saath, sabka vikas” policy, with 1 trillion-dollar economy.
  • Deloitte will present a future action plan with thorough deliberation, within next 90 days. Plan will be made after conducting a sector-wise study.
  • Action plan will be also be examined by a high-level committee headed by chief secretary.
  • Group of Ministers would also review the action plan.

About Deloitte:

It is an international professional services network, having its headquarter in London, United Kingdom. It is the largest professional services network in terms of revenue and number of professionals worldwide. Deloitte started operating in India during 1990s. In India, foreign firms are not allowed to conduct audits, in accordance with ICAI regulations. Thus, Deloitte carries out audits under the name of C. C. Chokshi & Co., in India.  It has 2 entities in India, viz., Deloitte India and Deloitte US-India (USI). Deloitte India looks after clients within India. On the other hand, Deloitte USI is an entity of Deloitte US, looking after clients of US member firm.

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