Budget 2026: CM Yogi thanks PM Modi for 'visionary budget', outlines benefits for Uttar Pradesh

Lucknow:

Uttar Pradesh Chief Minister Yogi Adityanath on Monday (February 2) praised the Union Budget 2026–27, calling it a visionary blueprint for India's progress. Speaking at a press conference in Lucknow, the Chief Minister expressed gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for the budget.

CM Yogi highlighted that India is on track to become the world’s third-largest economy, crediting PM Modi's focus on a "nation first" approach.

"I express my gratitude to the Prime Minister for this visionary budget. I thank the Union Finance Minister. The policies formulated over the past 11 years have lifted 25 crore people above the poverty line, contributing to India's progress. This is the first budget prepared and presented from Kartavya Bhavan (Duty House), urging every Indian to realize their duties," CM Yogi said.

"In the last 11 years, PM Modi has consistently emphasised that citizens should work with a 'Nation First' spirit and understand their duties. When Constitution Day was declared on November 26, 2015, the Prime Minister sparked a nationwide discussion on fundamental duties, not just rights. This budget, emerging from Kartavya Bhavan, reinforces this message to every Indian," he added.

Reform, growth, and fiscal discipline clearly visible: CM Yogi

Highlighting the budget's key pillars, CM Yogi said, "Reform, growth, and fiscal discipline are clearly visible. By combining these three, the budget provides a strong foundation to build a stronger India and guide future generations toward progress. It also fulfills the aspirations of the country’s most populous state."

Focusing on Uttar Pradesh, the Chief Minister pointed out that the budget allocates Rs 10,000 crore for the MSME sector, where the state leads the nation. "Our MSME initiatives under 'One District, One Product' have expanded exports and generated employment. This allocation of Rs 10,000 crore will further strengthen UP’s MSME sector and drive growth," he added.

Union Budget 2026-27: What's in the budget for Uttar Pradesh?

Finance Minister Nirmala Sitharaman on Sunday announced measures to boost manufacturing, offered long-term tax incentives for global data centres, and support for agriculture and tourism as she unveiled a Rs 53.5 lakh crore Union Budget for 2026-27, seen as a long-term blueprint for sustaining growth amid rising global risks.

• Uttar Pradesh is a leader in MSMEs in the country, so this allocation will strengthen the state's MSMEs and boost growth.
• Uttar Pradesh's share in the central budget has increased by approximately Rs 34,000 crore to about ₹4.26 lakh crore, including central tax devolution and grants.
• Two high-speed rail corridors are proposed, including Varanasi-Delhi and Varanasi-Siliguri, which will directly benefit Varanasi and improve connectivity in the state.
• Ship manufacturing and repair centers will be established in Varanasi, along with the development of a new inland waterways ship repair ecosystem for cargo movement on the Ganges, which will boost local employment.
• The country's first semiconductor design and manufacturing park has been approved near the Jewar Airport in Noida, which will help make Uttar Pradesh a tech hub.
• A Viability Gap Funding (VGF) scheme for seaplane operations for religious and heritage sites like Varanasi and Prayagraj, which will promote tourism.
• An allocation of Rs 32,075 crore for the next phases of the Lucknow, Kanpur, and Agra Metro projects, which will strengthen urban mobility.
• A provision of Rs 5,000 crore per region for Tier-2 and Tier-3 cities, including temple towns and heritage centers. Cities like Varanasi will benefit from this.
• Construction of girls' hostels in every district and development of temple cities, which will benefit the youth and tourism in Uttar Pradesh.
• The capacity of emergency and trauma care centers in district hospitals will be increased by 50%, which will help in handling medical emergencies in a large state like Uttar Pradesh.

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