Uttar Pradesh's Economic Transformation: Key Highlights of the 2026-27 Budget

Uttar Pradesh's Economic Transformation: Key Highlights of the 2026-27 Budget.webp


Lucknow, February 11 Uttar Pradesh Chief Minister Yogi Adityanath said on Wednesday that the state has successfully transformed its image over the past nine years, moving from "policy paralysis" to a land of "unlimited potential," as the government presented its 10th budget in the Assembly.

Speaking to reporters, Adityanath said the budget reflects the sentiments and aspirations of the people and noted that the size of the state budget has more than tripled during the nine-year period.

"Uttar Pradesh has successfully transformed its image over the past nine years, emerging from policy paralysis and changing perceptions to present UP as a land of unlimited potential," the chief minister said.

Highlighting the theme of the 2026-27 budget, the chief minister said, "This budget is dedicated to safe women, capable youth, happy farmers, and 'work for every hand,' aiming to create a prosperous Uttar Pradesh through technological investment. This budget presents a new chapter of nine years of development before the people."

Adityanath termed the budget historic, saying it was the 10th budget presented by his government. "This is the tenth budget of our government. This is the first time that a Chief Minister has had the opportunity to present the tenth budget. This has never happened in a state like UP."

The chief minister also stressed that no new taxes had been imposed in the past nine years.

He added that through efficient financial management and by plugging leakages, the state has moved from being categorized as a 'BIMARU' state to a revenue-surplus state.

"By stopping all tax evasion and leakages in UP through efficient financial management, we have succeeded in transforming UP from a BIMARU state to a revenue surplus state, presenting it as a breakthrough in the Indian economy," he said.

Earlier in the day, Finance Minister Suresh Khanna presented a budget of Rs 9,12,696.35 crore 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.
 
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