UP Budget 2026 Live Updates: Focus on Regional Balance, Welfare Push, and $1 Trillion Economy Goal.
The Uttar Pradesh Budget 2026–27 places strong emphasis on balanced regional development, welfare expansion, infrastructure, and economic growth as the state moves toward its $1 trillion economy target. Here are the key highlights:
Special Focus on Purvanchal & Bundelkhand
The budget is expected to make significant allocations for Purvanchal, Bundelkhand, and other backward regions to reduce regional disparities.
Social welfare schemes may see increased funding, including old-age pensions, support for destitute women, and assistance for persons with disabilities.
A possible honorarium hike for Shiksha Mitras and instructors could benefit lakhs of teachers.
Key Proposals Likely in Cabinet Approval
Several major proposals may receive approval, including:
Projects linked to UP State Electronics Corporation (UPSEDC).
Plans related to Lucknow Metro construction and operations.
Development and allotment of properties under Gautam Buddha Development Authority.
Matters concerning public sector enterprises.
Proposal to table the CAG report of the AYUSH department in the Assembly.
Discussion on Chitrakoot Link Project RFP and a Letter of Comfort for a new industrial unit in Lakhimpur by Balrampur Chini Mills, aimed at boosting industrial growth.
Toward a $1 Trillion Economy
The budget is being seen as a major step toward making Uttar Pradesh a $1 trillion economy, with a strong focus on development, governance, and public welfare. Relief is expected for farmers, youth, women, and weaker sections, while the Assembly will hold detailed discussions after the presentation to shape the state’s economic direction.
Major Budget Highlights
Central Government Support & Connectivity
Uttar Pradesh connected to two High-Speed Rail Corridors: Delhi–Varanasi and Varanasi–Siliguri.
Development plans announced for Sarnath and Hastinapur, sites of archaeological and cultural significance.
Emergency and trauma centres planned in every district hospital.
Girls’ hostels in every district and skill development for 10,000 tourist guides.
Reduction in prices of diabetes and cancer medicines welcomed.
Budget Size
Finance Minister Suresh Khanna presented a ₹9,12,696 crore budget, one of the largest in the state’s history.
Growth, Investment & Industry
Uttar Pradesh improved its SDG ranking from 29th (2018–19) to 18th (2023–24).
Around ₹50 lakh crore worth of MoUs signed, with potential to create 10 lakh jobs.
Groundbreaking ceremonies completed for 16,000+ projects worth ₹15 lakh crore.
Uttar Pradesh remains India’s largest mobile manufacturing hub, producing 65% of the country’s mobile phones.
Electronics exports reached ₹44,744 crore; state achieved ‘Leader’ status in Startup Rankings.
Ranked 1st among landlocked states in the Export Preparedness Index 2024.
Agriculture & Energy
The state remains a leading agricultural producer across multiple crops.
Irrigated area increased significantly; crop intensity rose to 193.7%.
Thermal power capacity increased to 9,120 MW; 2,815 MW solar capacity installed under clean energy push.
