Uttar Pradesh Finance Minister Suresh Khanna unveiled a budget of Rs 9,12,696.35 crore for the fiscal year 2026-27, marking a nearly 12.9% increase from the previous year. The budget incorporates new schemes totaling Rs 43,565.33 crore, with a focus on capital expenditure, fiscal discipline, law and order, and healthcare infrastructure.
Capital expenditure accounts for 19.5% of the total outlay, while education, medical services, and agriculture receive allocations of 12.4%, 6%, and 9%, respectively. The fiscal deficit for 2026-27 is limited to 3% of GSDP as per the 16th Central Finance Commission’s recommendations, extending until 2030-31.
The government aims to reduce the state’s debt-to-GSDP ratio to 23.1% in 2026-27 and below 20% in the medium term. Noteworthy provisions are made for enhancing police infrastructure, with significant reductions reported in various crimes. Medical education receives Rs 14,997 crore, with plans to establish new medical colleges in underdeveloped districts.
