Rs 9.13 lakh crore Budget presented in UP: Emphasis on infrastructure, agriculture
Rs 9.13 lakh crore Budget presented in UP: Emphasis on infrastructure, agriculture
M.U.H
11/02/202617
The Yogi Adityanath government of Uttar Pradesh presented a tax-free budget of Rs 9,12,696 crore for the financial year 2026-2027 in the state assembly on Wednesday.
In his budget speech, Finance Minister Suresh Khanna said that this budget reflects the government’s commitment to the state’s holistic, balanced, and infrastructure-led development.
The Finance Minister informed that Uttar Pradesh has secured first place among the country’s landlocked states in the Export Preparedness Index-2024, released by NITI Aayog in January 2026, a testament to the state’s export potential and industrial progress.
Referring to the agricultural sector, he said that Uttar Pradesh is the country’s leading agricultural producer. The state contributes the most to the national production of wheat, paddy, sugarcane, potatoes, bananas, mangoes, guavas, amla, and mint.
Highlighting the expansion of irrigation facilities, the Finance Minister stated that while the irrigated area was 21.6 million hectares in 2016-2017, it will increase by 6 million hectares in 2024-2025. Crop intensity has also increased to 193.7 per cent in 2024-2025 from 162.7 per cent in 2016-2017.
Referring to achievements in the energy sector, he said that, compared to 5,878 MW of thermal power generation capacity in 2016-2017, 9,120 MW has been achieved in the financial year 2025-2026 (till December 2025), an increase of 55.16 per cent.
The state government is also paying special attention to the development of green and clean energy sources. So far, 2,815 MW of solar power projects have been installed in the state.
The Finance Minister said that the budget presented is an important step towards making the state self-reliant, energy efficient, and agriculturally and industrially strong.
Khanna said that the state has witnessed an all-round development during the previous and current tenures of the government.
He said that significant progress has been made in the areas of strengthening law and order, expansion of infrastructure facilities, industrial investment, employment generation, women empowerment, youth skill development, farmer prosperity, and poverty alleviation.
The Finance Minister informed that according to the quick estimates for 2024-2025, the state’s GSDP is estimated at Rs 30.25 lakh crore, which represents an increase of 13.4 per cent compared to the previous year. He stated that the state’s per capita income has been estimated at Rs 109,844, which is more than double that of Rs 54,564 in 2016-2017. Per capita income is projected to reach Rs 120,000 in 2025-2026.
He claimed that the state government has succeeded in lifting approximately 60 million people out of multidimensional poverty, and the unemployment rate has declined to 2.24 per cent.
Khanna stated that Uttar Pradesh’s ranking in the SDG India Index has improved from 29th in 2018-2019 to 18th in 2023-2024.
Highlighting achievements in the field of industrial investment, the Finance Minister stated that MoUs worth approximately Rs 50 lakh crore have been signed so far at the fourth Global Investors Summit held in February 2024, which are expected to create approximately 1 million jobs. Of these, four groundbreaking ceremonies have been held for over 16,000 projects involving investments worth approximately Rs 15 lakh crore.
He stated that Uttar Pradesh has become the country’s largest mobile phone manufacturing hub, accounting for 65 per cent of the country’s total mobile phone production. A total of 55 per cent of India’s electronic component units are located in the state, and electronics exports have reached Rs 44,744 crore.
The Finance Minister stated that efforts to promote innovation, along with investment in industry and technology, have resulted in Uttar Pradesh achieving “Leader Category” status in the national startup rankings.
He expressed confidence that the presented budget will further empower the state economically and take it to new heights of development.
