UP Budget 2026
Lucknow, February 12, 2026 (SBKI News) – Uttar Pradesh Finance Minister Suresh Kumar Khanna presented the Yogi Adityanath government’s final full budget before 2027 Assembly elections—a massive Rs 9,12,696 crore outlay, up 12.9% from last year, targeting “Khushhaal UP” for women, youth, farmers, and Rs 1 trillion GSDP ambition. Capital expenditure surges 19.5% to Rs 2.5 lakh crore, fiscal deficit capped at 3%, with AI Mission, rare earth corridors, and Rs 44,740 cr education push dominating announcements.
#Yogi final budget before elections
Record Rs 9.12 Lakh Cr Size Breakdown
Budget Highlights:
Total Outlay: Rs 9,12,696 cr (+12.9% YoY)
Capital Expenditure: Rs 2.50 lakh cr (+19.5%)
Education: Rs 44,740 cr (12.4% allocation)
Health: Rs 29,000 cr (+6%)
Fiscal Deficit: 3% (FRBM compliant till 2031)
Per Capita Income: Rs 1,09,844 (doubled since 2017)
FM Khanna: “Diya jalakar roshni kardun jahan andhera hai”—budget illuminates development shadows.
#Yogi final budget before elections
Women & Youth Sashaktikaran Focus
Mahila Kalyan Package (Rs 18,000 cr):
Rani Laxmibai Yojana: 400 cr for meritorious girls’ scooters
Kanya Vivah Sahayata: Hiked to Rs 1 lakh
Beti Bachao Beti Padhao: Rs 5,000 cr scholarships
Youth Employment Blitz (Rs 10,000 cr):
Mission Rozgar: 10 lakh jobs target
Tech Yuva-Samriddh Yuva: AI skill centers statewide
Startup UP: Rs 2,000 cr fund
Farmer & Rural Revolution
Kisan Kalyan (Rs 65,000 cr):
Free electricity tubewells (expansion)
Sugarcane FRP Rs 400/quintal hike
Organic farming clusters 100 districts
UP No.1 wheat/rice/sugarcane/potato production celebrated
Gram Swaraj: Rs 12,900 cr rural infra; Panchayat elections boost.
#Yogi final budget before elections
AI Mission & Tech Leap
Rs 3,595 cr AI Mission Launch:
State Data Authority establishment
Data Center Clusters Noida-Kanpur
Emerging Tech Mission (quantum/blockchain)
City Economic Regions industrial hubs
Towards $1 trillion GSDP: Defence corridor expansion, semiconductor parks.
Infrastructure Power Surge
Rs 2.5 Lakh Cr Capex:
Highways: 10,000 km new construction
Airports: 5 greenfield (Jewar Phase 2)
Metro: Rs 50,000 cr 5 cities
High-speed rail corridors priority
Eastern UP, Bundelkhand backward areas get 30% higher allocation.
#Yogi final budget before elections
Election-Year Giveaways Decoded
Pre-poll bonanza timed perfectly:
Ladki scooters: 5 lakh units/year
Free bijli farmers: 24-hour supply
Skill ministry 4X: 50 lakh trainees
Opposition SP Akhilesh Yadav: “9 lakh cr showmanship; ground zero change.” BJP: “Double-engine delivery.”
#Yogi final budget before elections
Fiscal Discipline Masterclass
Deficit 3% vs national 5.1%; debt-GSDP 30% (lowest Hindi belt). Revenue surplus Rs 25,000 cr projected. GST collections doubled 2017-26.
Economist Vishnu Agarwal: “Sustainable growth model; $1T GSDP 2029 realistic.”
Sector-Wise Allocation Table
| Sector | Allocation (Rs Cr) | Growth % |
|---|---|---|
| Education | 44,740 | +12.4 |
| Health | 29,000 | +6.0 |
| Agriculture | 65,000 | +15 |
| Women/Youth | 28,000 | +22 |
| Infra | 2,50,000 | +19.5 |
| Total | 9,12,696 | +12.9 |
Yogi’s Development Narrative
2017 first budget Rs 3.85 lakh cr → 2026 Rs 9.12 lakh cr (2.37X growth). Per capita Rs 54,000 → Rs 1.10 lakh. UP now India’s 2nd largest economy.
CM Yogi: “Atmanirbhar UP vision crystallized.”
#Yogi final budget before elections
Opposition Attack Points
Akhilesh: “9 lakh cr propaganda; unemployment real issue.” Congress Priyanka: “Women scooters stunt; safety first.”
Economic Vision: $1 Trillion GSDP
Roadmap:
Defence manufacturing hub (9 corridors)
Semiconductor 7 parks
AI Mission statewide
Rare earth mining corridors
IMF projects UP growth 8.5% 2026-28.
Implementation Challenges
Key Risks:
Poll sops execution
Revenue shortfalls GST
Infra tender delays
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Regional Benefits Western UP
Meerut-Saharanpur: Rs 15,000 cr expressways. Aligarh-Moradabad: Industrial clusters. Chandausi: Agri-processing units.
Global Echoes
World Bank: “UP fiscal turnaround model.” Moody’s upgrades outlook.
Budget Speech Gems
FM Khanna quote: “Development river reaches every corner.” Yogi vision: “Viksit UP 2027 reality.”
SBKI News Verdict
Election-tested welfare + infra firepower positions Yogi for hat-trick. Delivery key.
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