NewKerala.com

UP Budget 2026-27 Touts All-Round Development, Industrial Boom Under Yogi Govt

Uttar Pradesh Finance Minister Suresh Khanna presented the state budget for 2026-27, emphasizing comprehensive development across two tenures of the Yogi Adityanath government. He highlighted significant industrial progress, noting Uttar Pradesh has become India's largest mobile phone manufacturing hub and secured massive investment commitments. The budget speech detailed improvements in agriculture, infrastructure, and energy, including expanded irrigation and a doubling of thermal power capacity. Khanna also pointed to the state's improved national standing in startup rankings and the Sustainable Development Goals index.

Key Points: UP Budget 2026-27: Khanna Presents Growth & Investment Highlights

  • Improved SDG ranking from 29th to 18th
  • MoUs worth ~Rs 50 lakh crore signed
  • State is India's top mobile phone producer
  • Major expansion in irrigation & power capacity
  • Leader Category in national startup rankings
3 min read

All-round development in all tenures of our government: Suresh Khanna presents Budget 2026-27 in Uttar Pradesh assembly

UP Finance Minister Suresh Khanna presents state budget, highlighting improved SDG ranking, Rs 50 lakh crore MoUs, and leading mobile phone production.

"Uttar Pradesh's ranking in the Sustainable Development Goals (SDG) India Index has improved from 29th in 2018-2019 to 18th in 2023-2024. - Suresh Khanna"

New Delhi, February 11

Uttar Pradesh Finance Minister Suresh Khanna on Wednesday presented the State Budget for 2026-27 in the Legislative Assembly, highlighting what he described as "all-round development" achieved during the previous and current tenures of the Yogi Adityanath government.

Highlighting the state's improved national standing and industrial progress, the Uttar Pradesh Finance Minister cited improved rankings in the Sustainable Development Goals (SDG).

"Uttar Pradesh's ranking in the Sustainable Development Goals (SDG) India Index has improved from 29th in 2018-2019 to 18th in 2023-2024. 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 groundbreaking ceremonies have been held for over 16,000 projects involving an investment of approximately Rs 15 lakh crore," Khanna said while addressing the state assembly.

"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. Investment in industry and technology, along with efforts to promote innovation in the state, has resulted in Uttar Pradesh achieving a 'Leader Category' ranking in the national startup rankings," he added.

Emphasising economic growth indicators and social development outcomes, Khanna reiterated the government's performance during both tenures.

"The state has witnessed all-round development during the previous and current tenures of our government, including strengthening law and order, expanding infrastructure, industrial investment, employment generation, women's empowerment, youth skill development, farmer prosperity, and poverty alleviation," the UP Finance Minister asserted.

Speaking further in the Assembly, Khanna underlined infrastructure-led development, agricultural output and energy capacity expansion.

"The state's commitment to infrastructure-led development is evidenced by the state's ranking among landlocked states in the Export Preparedness Index 2024, released by NITI Aayog in January 2026. The state is a leading agricultural producer in the country. The state contributes the highest nationally in wheat, paddy, sugarcane, potatoes, bananas, mangoes, guavas, amla, and mint production. 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," he said.

"Crop intensity, which was 162.7 per cent in 2016-2017, has increased to 193.7 per cent in 2024-2025. Compared with 5,878 MW of thermal power generation capacity in 2016-2017, 12,120 MW has been achieved in the current financial year 2025-2026 (till December 2025), an increase of 55.16 per cent. Our government is developing green and clean energy sources. So far, a total of 2815 MW solar power projects have been installed in the state," he added.

The Budget Session is scheduled to run from February 9 to February 20, with the state budget for the 2026-27 financial year to be presented on February 11.

- ANI

Share this article:

Reader Comments

P
Priya S
It's good to see the focus on SDG rankings and agricultural output. As someone from a farming family near Lucknow, the increase in irrigated area is a welcome step. But I hope the budget also addresses the issue of timely MSP payments and crop insurance effectively. The proof will be in the implementation.
R
Rohit P
MoUs worth 50 lakh crore sounds fantastic on paper, but how many of these projects have actually started on ground? We hear about groundbreaking ceremonies, but we need to see factories running and jobs being filled. The youth need stable employment, not just promises.
S
Sarah B
The improvement in the SDG India Index from 29th to 18th is a significant jump. If the data is accurate, it shows progress in health, education, and poverty alleviation. The expansion in solar power is also a positive step towards sustainable development.
V
Vikram M
Being the top producer in so many crops is our strength. Doubling the thermal power capacity and adding solar projects is crucial for consistent electricity in villages. If the law and order situation has indeed improved, it will attract even more investment. UP's growth is vital for India's growth.
K
Kavya N
As a young professional in Noida, I've seen the infrastructure push firsthand with the expressways. The 'Leader Category' in startup rankings is encouraging for entrepreneurs. But I sincerely hope the budget allocates substantial funds for women's safety and public transport in cities like Lucknow and Kanpur too. Empowerment needs a safe environment.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50