UP Budget 2025-26: The budget size is around 10 per cent more than what was announced by the government for the previous fiscal.
UP Budget 2025-26: UP Finance Minister Suresh Khanna presented his sixth consecutive budget on Thursday i.e. February 20, 2025. He presented the Rs 8.08 lakh crore Budget for the financial year 2025-26 in Uttar Pradesh Assembly.
The budget size is around 10 per cent more than what was announced by the government for the previous fiscal. The size of the state’s Budget for 2024-25 was Rs 7,36,437 crore which included new schemes worth Rs 24,863.57 crore.
The Finance Minister said that the focus of the budget is on research & development and Information Technology.
Khanna in his Budget speech said 22 per cent of the Budget has been allocated for development purposes, 13 per cent for education, 11 per cent for agriculture and related services, while six per cent has been allocated for health.
“We have focussed on research, development and Information Technology in the budget,” said Khanna.
Khanna began his address by praising Chief Minister Yogi Adityanath and highlighting developments in the state under his leadership.
He also mentioned the ongoing Maha Kumbh as he began his address. He described the Kumbh as not only a cultural and religious event but also a rare astronomical occurrence symbolising India’s ancient faith and cultural integrity.
Khanna said the state government will develop an Artificial Intelligence City and set up a park for technological research in Cyber Security.
There are also provisions for the modernisation of the Legislative Assembly as well as the development of smart classes and laboratories in schools and polytechnics.