Meerut, April 17 -- Micro and small enterprises have been the key drivers of Meerut's local economy but the latest demolition drive in the city threatens to derail its growth as commercial establishments uprooted by the government action have no place to relocate due to faulty master plan, rue local entrepreneurs.
A joint study by FISME and Meerut Citizens Forum (MCF) earlier projected that Meerut's Gross District Domestic Product (GDDP) or district level GDP needs to reach US$30 billion by 2026-27 for the state of Uttar Pradesh to become a US$1 trillion economy.
However, the large-scale disruption caused by the demolition drive in the city is now casting a long shadow on the projected growth of Meerut's economy.
Speaking to KNN, a m...