Page 7 - Virendra Singh Rawat

UP govt tax revenue may rise 16% in FY26, indicating economic growth

The 16 per cent increase in the state's estimated tax revenue is higher than the growth of 11 per cent estimated by the Centre in the Union Budget FY26

Uttar Pradesh FM Suresh Khanna tables Rs 8.08 trillion state Budget

Total Budget outlay for FY26 is 9.8 per cent higher than last year's Rs 7.36 trillion

UP to develop vendors' chain to bolster India's defence manufacturing

The proposed defence MSME (micro, small, and medium enterprise) corridor comprising hubs of ancillary units will primarily feed the UP Defence Industrial Corridor

Lending to MSMEs in Uttar Pradesh may surge 52% to Rs 4.5 trn in FY25

In the UP State Focus Paper prepared by Nabard, the state is projected to have a consolidated credit potential of ₹7.69 trillion in FY26 across priority sectors

Uttar Pradesh govt sets ₹60,000 cr excise revenue target for FY26

The state's new excise policy has introduced an e-lottery system for allotting liquor, beer, and wine shops. Existing license holders will have the option of renewal via e-lottery in FY27

Uttar Pradesh govt readies policy to boost leather, footwear exports

"The new policy will aim to double the size of the UP leather industry in five years," said a senior state government official

Uttar Pradesh to invest Rs 50,000 crore on seven new expressway projects

Combined length of these seven expressways is 866 km; to connect about 30 districts to the vast expressway network in the state

UP SMEs eye offshore markets as state targets Rs 3 trillion in exports

To grab international trade opportunities, Indian Industries Association (IIA) will leverage global trade fairs to showcase domestic products across different product categories

UP receives Rs 1 trn investment proposals in hospitality sector in 2 years

Most of the investment is proposed in religious and spiritual centres such as Varanasi, Ayodhya and Prayagraj apart from traditional tourism hotspots like Lucknow, Agra, Kanpur, and Noida

NHAI to spend over Rs 15,000 crore on Uttar Pradesh highways upgrade

Several districts, including Kanpur, Bareilly, Barabanki, Bahraich, Agra, Aligarh, and Gorakhpur are poised to benefit from these projects

Corporates set aside Rs 5,000 crore for CSR, branding at Maha Kumbh

The Maha Kumbh is expected to welcome more than 400 million pilgrims and offers "an expansive platform to companies for branding and promotional activities

Uttar Pradesh govt approves solar power projects worth Rs 10,000 crore

The UP New and Renewable Energy Development Agency (UPNEDA) has picked the two companies to develop three solar power projects, which are expected to become operational by December 2025

Uttar Pradesh govt to unlock industrial land parcels in Noida, Gr Noida

Targets to amass land bank of 150,000 acres in three years

Uttar Pradesh govt plans e-commerce booster shot for the MSME sector

This strategic move is expected to benefit over 50,000 industrial and manufacturing units of these clusters, administered by the UP State Industrial Development Authority

UP govt's new export policy to provide additional benefits to exporters

The proposed policy would introduce several incentives for exporters, especially in the food processing, handicrafts, and One District One Product sectors

UP govt plans Rs 4,000 cr corpus to boost startups, innovation ecosystem

The proposed corpus will be facilitated by the state government and the investment managers under the aegis of the UP Innovation Fund (UPIF)

UP's Kanpur, 'Manchester of the East', pivots to military ware hub

The industrial town has netted investments in an array of defence and military projects across aircraft, drones, arms and ammunition, propellant systems, among others

UP raises land acquisition rate for Jewar International Airport by 39%

Against the rate of Rs 3,100 per sq meter, the CM announced that the rate would be Rs 4,300 per sq meter

UP govt's infra push spurs Rs 5.3 trn capex, eyes global tech hubs

Looking ahead, the Yogi Adityanath government aims to leverage this infrastructure development to build a robust network of GCCs

Uttar Pradesh earmarks 17,000 acres for multimodal logistics parks

Yogi 2.0 to offer 30% subsidy on investments of Rs 1,000 crore