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  3. UP Budget 2026 Highlights: Finance Minister presents budget with total outlay of Rs 9.12 lakh crore

UP Budget 2026 Highlights: Finance Minister presents budget with total outlay of Rs 9.12 lakh crore

Finance Minister Suresh Kumar Khanna has presented the Budget in the Assembly. According to the Finance Minister, MoUs worth approximately Rs 50 lakh crore have been signed, potentially creating approximately 1 million jobs.

UP Budget 2026 Live Updates
UP Budget 2026 Live Updates Image Source : Screengrab
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Uttar Pradesh Finance Minister Suresh Khanna on Wednesday presented a Rs 9.12 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. While presenting the Budget, Khanna said that the per capita income is projected to reach Rs 1,20,000 in 2025-2026. He said that the government has succeeded in lifting approximately 60 million people out of multidimensional poverty in the state, and the unemployment rate has fallen to 2.24 per cent. "During the previous and present tenure of our government, the state has witnessed all-round development, be it strengthening of law and order, expansion of infrastructure facilities, industrial investment, employment generation, women empowerment, skill development of youth, prosperity of farmers and poverty alleviation. The GSDP of the state for the year 2024-2025 has been estimated at Rs 30.25 lakh crore, which reflects an increase of 13.4 per cent compared to the previous year," Khanna said. 

Khanna also said that MoUs worth approximately Rs 50 lakh crore have been signed, potentially creating approximately 1 million jobs. 

Earlier, the Economic Survey said that 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. Presenting the report on the opening day of the budget session on Monday, 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.

 

UP Budget 2026 Live Updates:

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  • 1:09 PM (IST)
    Posted by Raghwendra Shukla

    UP Budget has more than tripled in 9 years

    "The budget has more than tripled in nine years. More than 45,000 crore rupees have been allocated for new schemes. This is the first time that a Chief Minister has had the opportunity to present the budget for the tenth time in Uttar Pradesh," said Chief Minister Yogi Adityanath.

  • 12:12 PM (IST)
    Posted by Raghwendra Shukla

    Rs 8,641 crore for National Rural Health Mission

    Reporting of 16 infectious diseases, 6 vaccine-preventable diseases, and COVID-19 is conducted regularly by government and private-sector medical facilities at the district level via the Integrated Disease Surveillance Portal. Approximately Rs 8,641 crore is proposed for the National Rural Health Mission. Approximately Rs 2,000 crore is proposed for the Ayushman Bharat National Health Protection Mission.

  • 12:07 PM (IST)
    Posted by Raghwendra Shukla

    Rs 1,374 crore allocated for the construction of police buildings

    Approximately Rs 1,374 crore is proposed for the construction of non-residential buildings for the police department and Rs 1,243 crore for residential buildings. Rs 346 crore is proposed for the construction of residential and non-residential police buildings in newly created districts. Rs 200 crore is proposed for the construction of residential and non-residential buildings for fire stations. Rs 190 crore is proposed for the firefighting system in multi-story buildings and for the full operationalisation of newly constructed fire stations. Rs 25 crore is proposed for the purchase of vehicles for field travel by female beat officers under Mission Shakti.

  • 11:57 AM (IST)
    Posted by Raghwendra Shukla

    9,120 MW thermal power generation capacity

    "In comparison to 5,878 MW thermal power generation capacity in 2016-2017, 9120 MW thermal power generation capacity has been achieved in the current financial year 2025-2026 (till December 2025), by increasing by 55.16 per cent. Our government is working on the development of green and clean energy sources. So far, a total of 2815 MW solar power projects have been installed in the state," Khanna said
     

     

  • 11:55 AM (IST)
    Posted by Raghwendra Shukla

    Two High-Speed ​​Rail Corridors

    Finance Minister Suresh Khanna said, "The Union Budget for 2026-2027 connects Uttar Pradesh with two high-speed rail corridors: Delhi-Varanasi and Varanasi-Siliguri. The budget includes plans to develop two sites of archaeological and cultural importance in Uttar Pradesh: Sarnath and Hastinapur. I express my gratitude on behalf of the people of the state for this. Furthermore, schemes such as the establishment of emergency and trauma centres in every district hospital, girls' hostels in every district, and skill development of 10,000 tourist guides will benefit the people of Uttar Pradesh, along with those in other states. The central government has announced a reduction in the prices of diabetes and cancer medications. This is a highly commendable step."

  • 11:49 AM (IST)
    Posted by Raghwendra Shukla

    Crop intensity increased to 193.7%

    The irrigated area in the state has increased by 6 million hectares to 2.76 million hectares in 2024-2025, compared to 2.16 crore hectares in 2016-2017. Crop intensity, which was 162.7 per cent in 2016-2017, has increased to 193.7 per cent in 2024-2025. 

  • 11:42 AM (IST)
    Posted by Raghwendra Shukla

    Uttar Pradesh is India's largest mobile phone manufacturing hub

    "Uttar Pradesh is India's largest mobile phone manufacturing hub. The state produces 65 per cent of the country's total mobile phone production. 55 per cent of India's electronics component units are located in the state. The state's electronics exports have reached Rs 44,744 crore," Khanna said.

  • 11:38 AM (IST)
    Posted by Raghwendra Shukla

    MoUs worth Rs 50 lakh crore signed

    • The state government successfully organised the fourth Global Investors Summit in February 2024.
    • To date, MoUs worth approximately Rs 50 lakh crore have been signed, potentially creating approximately 1 million jobs.
    • Of these, four groundbreaking ceremonies have been held for over 16,000 projects with an investment of approximately Rs 15 lakh crore.
  • 11:36 AM (IST)
    Posted by Raghwendra Shukla

    Uttar Pradesh leads in agricultural production

    The Finance Minister said that Uttar Pradesh is the leading state in the country in agricultural production. It contributes the highest nationally in the production of wheat, paddy, sugarcane, bananas, mangoes, guavas, amla, and mint.

  • 11:28 AM (IST)
    Posted by Raghwendra Shukla

    Medicines to get cheaper

    The Finance Minister announced that new data centres will be built in Uttar Pradesh. Training centres will be established to provide employment opportunities for youth. Farmers will continue to receive free electricity. Medicine prices will decrease.

  • 11:22 AM (IST)
    Posted by Raghwendra Shukla

    "Leader Category" ranking in the national startup rankings

    Uttar Pradesh is India's largest mobile phone manufacturing centre. 65 per cent of the country's total mobile phone production is produced in the state. 55 per cent of India's electronics component units are located in the state. The state's electronics exports have reached Rs 44,744 crore. Investment in industry and technology, along with efforts to promote innovation in the state, have enabled Uttar Pradesh to achieve a "Leader Category" ranking in the national startup rankings.

  • 11:19 AM (IST)
    Posted by Raghwendra Shukla

    Potential of creating 10 lakh jobs

    The state government successfully organised the fourth Global Investors Summit in February 2024. MoUs worth approximately Rs 50 lakh crore have been signed so far, potentially creating approximately 1 million jobs. Of these, four foundation stone laying ceremonies have been held for over 16,000 projects involving investments of approximately Rs 15 lakh crore.

  • 11:12 AM (IST)
    Posted by Raghwendra Shukla

    Projected per capita income

    "Per capita income is projected to reach Rs 1,20,000 in 2025-2026. We have lifted approximately 60 million people out of multidimensional poverty in the state. The unemployment rate has fallen to 2.24 per cent," Khanna said. 

  • 11:07 AM (IST)
    Posted by Raghwendra Shukla

    Per capita income of the state

    "The GSDP (Gross State Domestic Product) of the state for the year 2024-2025 (Quick Estimates) has been estimated at Rs 30.25 lakh crore, which reflects an increase of 13.4 per cent compared to the previous year. The per capita income of the state has been estimated at Rs 1,09,844, which is more than double the per capita income of Rs 54,564 in the year 2016-2017," FM said. 

  • 11:06 AM (IST)
    Posted by Raghwendra Shukla

    All-round development

    "During the previous and present tenure of our government, the state has witnessed all-round development, be it strengthening of law and order, expansion of infrastructure facilities, industrial investment, employment generation, women empowerment, skill development of youth, prosperity of farmers, poverty alleviation," said FM Suresh Kumar Khanna.

  • 10:56 AM (IST)
    Posted by Raghwendra Shukla

    CM Yogi, FM reach Assembly

    Chief Minister Yogi Adityanath and Finance Minister Suresh Khanna have arrived at the Assembly with a copy of the Budget. The Budget speech is scheduled to begin shortly. The Finance Minister and Chief Minister have already stated on social media that this budget has been prepared keeping all sections of society in mind.

  • 10:39 AM (IST)
    Posted by Raghwendra Shukla

    CM Yogi chairs Cabinet

    Uttar Pradesh Chief Minister Yogi Adityanath chaired a Cabinet meeting in the state capital ahead of the presentation of the Budget 2026-27 in the Assembly. The budget presentation is expected to start at 11 am.

  • 10:34 AM (IST)
    Posted by Raghwendra Shukla

    Samajwadi Party MP on Uttar Pradesh budget

    "We've seen the central budget, and there's nothing in the central budget for Uttar Pradesh or Ayodhya... So their budget will be on the same scale. This budget has nothing to do with the state's farmers, youth, laborers, Dalits, backward classes, minorities... Hope is placed in someone who has ever lived up to expectations, but these people have never lived up to expectations... What hope can be expected from them?" said Samajwadi Party MP Awadhesh Prasad on the Uttar Pradesh budget.

  • 10:27 AM (IST)
    Posted by Raghwendra Shukla

    State's fiscal position balanced

    The Economic 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.

  • 10:16 AM (IST)
    Posted by Raghwendra Shukla

    Budget size has more than doubled

    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.

  • 10:06 AM (IST)
    Posted by Raghwendra Shukla

    New Uttar Pradesh

    "Under the illustrious guidance of Prime Minister Narendra Modi, 'New Uttar Pradesh' is continuously advancing towards the construction of a strong, self-reliant and prosperous state with the policy of good governance, inclusive development and public welfare. The budget for the financial year 2026-27, presented today in the Uttar Pradesh Legislature, will provide new direction, new energy, clear policy-vision and concrete action plan to the resolution of 'Self-reliant and Developed Uttar Pradesh'," CM Yogi said in another post.

  • 9:38 AM (IST)
    Posted by Raghwendra Shukla

    CM Yogi on Budget

    New Uttar Pradesh in a New India" has experienced unprecedented development and prosperity over the past ten years. Calling the upcoming budget a "decennial testament," the Chief Minister said in a post on X ahead of Budget 2026-27.

  • 9:18 AM (IST)
    Posted by Raghwendra Shukla

    Budget to be bigger than last year's

    "This budget is for the entire society. The budget will be bigger than last year's. The Yogi government has always given a budget for all sections of society, keeping in mind, Sabha Saath Sabka Vikas," said Uttar Pradesh Finance Minister Suresh Khanna ahead of presenting the Budget in the Assembly today.  

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