In a strategic move to supercharge Uttar Pradesh’s economy, the 2026-27 state budget lays out massive funding for infrastructure, IT innovation, and small-scale industries. Presented by Finance Minister Suresh Khanna, it emphasizes capital investments to spark job creation across rural and urban landscapes.
Infrastructure and industry lead with Rs 27,103 crore, a 13% rise year-on-year. Key schemes include Rs 5,000 crore for new and expanded industrial parks under the Chief Minister’s plan, Rs 2,000 crore for Atal missions, and Rs 1,000 crore to lure global giants like Fortune-500 firms.
The defence corridor is a game-changer, with Rs 35,280 crore in anticipated investments and 200 MoUs, set to generate over 53,000 jobs. MSME support swells to Rs 3,822 crore (19% up), complemented by Rs 575 crore for Patel industrial zones and Rs 1,000 crore for young entrepreneurs.
Handlooms and textiles receive unprecedented Rs 5,041 crore—a five-times hike—featuring powerloom subsidies at Rs 4,423 crore and policy implementations at Rs 150 crore. IT gets Rs 2,059 crore (76% growth), powering AI missions (Rs 225 crore), cyber centers (Rs 95 crore), and eight data parks with Rs 30,000 crore investments.
Transport infrastructure absorbs Rs 34,468 crore for highways, flyovers, and ring roads. Irrigation allocations hit Rs 18,290 crore (30% increase), enabling projects like Ken-Betwa to irrigate 4.49 lakh hectares and install 2,100 tube wells, safeguarding farmers against floods and droughts.
Overall, this fiscal blueprint positions UP as a magnet for investments, blending tech-forward policies with grassroots employment drives for sustainable prosperity.