The Uttar Pradesh government has made provisions for a host of new initiatives across sectors, with an outlay of over Rs 43,565 crore in the Budget for the financial year 2026-27 presented in the Assembly on Wednesday. Presenting the Budget in the presence of Chief Minister Yogi Adityanath, Finance Minister Suresh Khanna detailed several proposed schemes, including the launch of the 'Sardar Vallabhbhai Patel Employment and Industrial Zone' to promote micro, small and medium enterprises (MSMEs), for which Rs 575 crore has been earmarked. A new 'One District One Cuisine' (ODOC) scheme has been proposed with a provision of Rs 75 crore, while Rs 7.50 crore has been allocated for the modernisation of the blanket production centre at Khajni in Gorakhpur. Under the Chief Minister Urban Expansion and New City Promotion Scheme, Rs 3,500 crore has been proposed. New housing schemes will be launched in Meerut after 35 years, in Agra after 33 years, in Lucknow after 22 years, and for the first
With Rs 150 crore proposed for tourism infrastructure in Ayodhya and Rs 500 crore under the Chief Minister Tourism Places Development Scheme, the Uttar Pradesh Budget 2026-27 tabled on Wednesday places strong emphasis on spiritual tourism, according to an official statement. Finance Minister Suresh Khanna presented the Budget in the Assembly, outlining allocations aimed at strengthening pilgrimage circuits and enhancing visitor amenities across key religious destinations. Under the Shri Ram Janmabhoomi temple access road project, construction of the main approach road 'Ram Path' in Ayodhya is nearing completion, the statement said. Work is also underway to upgrade the road connecting the proposed Vedic Wellness City at Jamthara to the Ram Janmabhoomi temple, it said. The Uttar Pradesh Shri Ayodhya Teerth Vikas Parishad has been allocated Rs 150 crore for tourism infrastructure development in the Ayodhya region. Highlighting the surge in footfall, the statement said that between ..
Uttar Pradesh Finance Minister Suresh Khanna on Wednesday presented a Rs 9.13 lakh crore Budget for the financial year 2026-27 in the state Assembly, marking an increase of about 12.2 per cent over the previous year's outlay. Tabling the Budget before the House, Khanna said the state government is always fully committed to fiscal management and debt control. In accordance with the recommendations of the 16th Central Finance Commission, which have been accepted by the Centre, the fiscal deficit limit for the financial year 2026-27 has been set at three per cent. This will remain in effect until 2030-31. Referring to the allocations made for major items, Khanna said, "The allocations for education and health are 12.4 and six per cent of the total budget, respectively. Furthermore, the amount allocated for agriculture and allied services is nine per cent of the total budget." Emphasising that capital investment and infrastructure development play a vital role in strengthening the ...
Uttar Pradesh's budget size has more than doubled from Rs 3.47 lakh crore in 2016-17 to an estimated Rs 8.33 lakh crore in 2025-26, while capital expenditure rose from Rs 69,790 crore to Rs 1,47,720 crore during the period, according to the Economic Survey tabled in the assembly on Monday. Presenting the report on the opening day of the budget session, Finance Minister Suresh Kumar Khanna said the budget has expanded by Rs 4.86 lakh crore over the past nine years, compared to an increase of Rs 2.34 lakh crore between 2008-09 and 2016-17. The survey described the state's fiscal position as balanced, noting that the public debt-to-GSDP ratio declined from 29.3 per cent in 2016-17 to 28.0 per cent in 2024-25, lower than national and global averages. In the health sector, the allocation has reached a record Rs 46,728.48 crore, accounting for 6.1 per cent of the total budget. The report claimed that citizens' out-of-pocket health expenditure has reduced and medical infrastructure has bee
The Yogi Adityanath government tabled a Supplementary Budget of over ₹24,496 crore for 2025-26, taking Uttar Pradesh's total Budget size to more than ₹8.32 trillion
To leverage India's growing GCC ecosystem, the UP state is wooing major global players such as Microsoft and Adobe to set up their units in the Noida-Greater Noida region
The state has set up a network of 72 incubators and seven centres of excellence (CoE) to catalyse startups, promote business culture and generate jobs for the youth
The third edition of the five-day trade fair will be held from September 25 to 29 at the India Expo Mart
Looking forward, there are clear opportunities for further strengthening the manufacturing ecosystem in Uttar Pradesh
Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday outlined the thematic approach of his government's budgets over the years, asserting that each budget has been designed to address key developmental priorities. The 2025-26 Budget is inspired by Prime Minister Narendra Modi's vision and follows the theme "vanchit ko vareeyeta" (priority to the deprived), he added. Adityanath was speaking in the state legislative Assembly about the 2025-26 Budget, which he described as his government's ninth and the biggest so far. "Every budget follows a specific theme. In 2017 and 2018, we focused on farmers, launching a major loan waiver programme to support them. Today, we take pride in saying that farmer suicides have stopped in Uttar Pradesh," he said. The UP chief minister said the 2018-19 Budget prioritised infrastructure and industrial growth, leading to the state's first Investors' Summit. In 2019-20, the focus was on women's empowerment under Mission Shakti, while the 2020-21 Budget w
The Uttar Pradesh Chief Minister on Thursday had asserted that the state budget for the year 2025-26 was 9.8 per cent higher than the 2024-25 budget with a focus on infrastructure development
UP Budget 2025-26: In line with Yogi government's previous Budgets, this one also focused on infrastructure, education, health, social security, and economic growth
The Uttar Pradesh Assembly on Friday passed the Indian Stamp (Uttar Pradesh Amendment) Bill-2024, which has a provision that the transfer of a property between blood relatives can be done by paying a stamp duty of Rs 5,000. Finance and Parliamentary Affairs Minister Suresh Khanna piloted the bill. He said the purchase and sale of land was done by making 'power of attorney', due to which there was loss of revenue. For example, the business of selling land worth crores of rupees by making 'power of attorney' at a nominal fee was going on in full swing, but now a provision has been made that people outside blood relations will have to pay stamp duty of seven per cent of the circle rate on the power of attorney, he said. This condition will not apply to 'power of attorney' only for the maintenance of lands. It has also been provided that in case of blood relations, there will be a facility to transfer a property paying a stamp duty of only Rs 5,000. The bill was passed with a majority
The BJP on Tuesday said the Uttar Pradesh budget underlines the growing economic might of the state and its proposals will help in research and skill development, women empowerment and farmers' progress. Party national spokesperson Gopal Krishna Agarwal said in a statement that for the first time the state's budget has crossed Rs 7 lakh crore and its fiscal deficit is at 3.4 per cent, which is within the mandated 3.5 per cent. The GDP of Uttar Pradesh has grown to become Rs 25.55 lakh crore and it will help the state play an important role in the country's development, he said. Agarwal said the budget will help realise Prime Minister Narendra Modi's resolve for a developed India and will strengthen infrastructure on the lines of the Union Budget. Citing various proposal for the development of infrastructure and sites associated with cultural and religious places, he said the budget is dedicated to "Ram Rajya" and will also create numerous employment opportunities. The Uttar Prades
The Budget allocates almost Rs 25,000 crore for new development schemes, especially targeted for the uplift of youth, women, farmers, and the underprivileged
With a view to provide world-class training to athletes at residential sports hostels, the Uttar Pradesh government on Monday proposed in the next fiscal's budget hiring of 50 international trainers. The state budget has proposed Rs 195 crore for the development of sports infrastructure in various districts, which is 67 per cent more than the current year. The state government said that 50 international players will be enlisted for training of sportsmen at an honorarium of Rs 1.5 lakh per month, state's finance minister Suresh Kumar Khanna said. He said Rs 50 crore is proposed for the construction of sports infrastructure with private participation in the state and Rs 50 crore for to reward the victorious players in national and international competitions. He said Rs 12 crore is proposed for the setting up of a sports science and injury centre.
The Uttar Pradesh government has allocated Rs 1,150 crore for the upcoming Noida International Airport at GautamBuddha Nagar in the budget for 2024-25. The announcement was made by UP's Finance Minister Suresh Kumar Khanna as he tabled the budget for the fiscal year in the state assembly on Monday. "A provision of Rs 1,150 crore is proposed for the establishment of an international airport and the purchase of land in Jewar of GautamBuddha Nagar district," Khanna said. Development is underway for phase one of Noida International Airport, which is scheduled to open for commercial operations by the end of this year. Earlier in his budget speech, Khanna said that with the inauguration of Maharishi Valmiki International Airport in Ayodhya, four international airports have become operational in the state and South Asia's largest international airport is going to open soon in Jewar, Noida. "With this, Uttar Pradesh will become the only state in India to have five international airports,"
The Uttar Pradesh government's annual budget for the next financial year has set a target of 5.1 per cent growth rate for the agriculture sector in the state. A provision of Rs 460 crore has been made for three new agriculture-related schemes in the budget. Finance Minister Suresh Kumar Khanna, while presenting the budget in the state assembly on Monday, said that the target is to achieve the growth rate of 5.1 per cent for the agriculture sector. He announced three schemes to push the agriculture sector. One of the scheme, State Agricultural Development Scheme, will have a provision of Rs 200 crore. Another Rs 200 crore has been allocated for the World Bank-assisted UP Agris Scheme. The third scheme for the installation of automatic weather station-automatic rain gauge in blocks and panchayats has been allocated Rs 60 crore, the state finance minister said. He further said that the Chief Minister Khet Suraksha yojna (Farm Security Scheme) is also being started with a provision
The collective effort aims to create a secure and conducive environment for students to excel in their examinations
Uttar Pradesh Finance Minister Suresh Kumar Khanna on Sunday that the state budget for 2024-25 will be based on Prime Minister Narendra Modi's vision of making India a developed nation by 2047. The minister finalised and signed the budget document on Sunday. The state budget for 2024-25 will be presented in the Uttar Pradesh Legislative Assembly on Monday. Khanna, in a statement, said that the "third all-inclusive, all-embracing budget of the second term of the Yogi (Adityanath) government of Uttar Pradesh is based on the resolution of Prime Minister (Narendra Modi) to make India a developed nation by the year 2047.". "Under the able leadership of Chief Minister Yogi Adityanath, this budget will become a strong pillar of making the state a 1 trillion dollar economy. This budget is dedicated to the overall development of the state as well as to rebuilding the infrastructure and bringing the poor, the underprivileged, the youth, women and farmers into the mainstream of development alo