UP Budget 2026: Big Push for Jobs, Farmers and ₹1.20 Lakh Income Target

UP Budget 2026 has been presented as one of the biggest budgets in the state’s history, with an estimated size close to ₹9.5 lakh crore. The government says per capita income may reach ₹1.20 lakh in 2025-26. Focus areas include jobs, farmers, infrastructure, startups and welfare schemes. The aim is clear, push Uttar Pradesh toward a one trillion dollar economy.

What Makes UP Budget 2026 So Important?

This is the tenth budget under the Yogi government and the final full budget before the 2027 elections. That alone makes UP Budget 2026 politically and economically significant.

Finance Minister Suresh Khanna said the state has seen all-round development in law and order, infrastructure, and investment. The government claims growth numbers support that statement. Whether critics agree or not, the scale of this budget is hard to ignore.

Per Capita Income and Growth Numbers

According to official estimates shared during UP Budget 2026, the state’s GSDP for 2024-25 stands at ₹30.25 lakh crore. That shows a growth of around 13.4 percent compared to the previous year.

Per capita income, which was ₹54,564 in 2016-17, has more than doubled. It reached about ₹1,09,844 in recent estimates. Now, the projection is ₹1.20 lakh for 2025-26. That figure is being highlighted strongly.

The unemployment rate is said to be around 2.24 percent. Around six crore people have reportedly moved above the poverty line. These numbers are central to UP Budget 2026 messaging.

Focus on Farmers and Agriculture

Agriculture remains a backbone of the state. UP Budget 2026 talks about strengthening irrigation and crop output. Wheat, paddy, sugarcane, potato, banana and mango production already place the state among top contributors nationally.

Irrigated land has increased from 2.16 crore hectares to about 2.76 crore hectares over the years. Crop intensity also improved significantly. These figures are used to show rural progress.

If allocations are used properly, farmers may see more stability. That is the expectation at least.

Industry, Investment and Startups

UP Budget 2026 also highlights industrial growth. The state hosted the Global Investors Summit and signed MoUs worth nearly ₹50 lakh crore. Around 16,000 projects linked to ₹15 lakh crore investment have already seen groundwork ceremonies.

Uttar Pradesh is now called India’s largest mobile phone manufacturing hub, producing nearly 65 percent of the country’s total output. Electronics exports have touched ₹44,744 crore.

The state received “Leader Category” ranking in startup assessments. That is another point repeated often during UP Budget 2026 discussions.

Energy and Infrastructure Expansion

Thermal power capacity has grown significantly from 5,878 megawatt to over 9,000 megawatt. Solar projects worth 2,815 megawatt have been established.

Infrastructure projects, metro expansion, data centers and industrial corridors are also part of the roadmap. The government insists infrastructure-led development is the core model.

Such projects, if executed timely, may boost long term growth.

Political Reactions and Debate

As expected, opposition leaders criticized UP Budget 2026. Some called it unrealistic. Others said it lacks long-term clarity.

Meanwhile, ruling party leaders described it as inclusive and welfare-focused. The political debate is intense. But budgets are always debated. That part never changes.

Is UP Moving Toward One Trillion Dollar Goal?

UP Budget 2026 positions itself as a step toward a one trillion dollar economy. The combination of agriculture strength, manufacturing expansion, startup push and welfare schemes is meant to build that path.

Whether the target is achieved will depend on implementation, global economic trends and ground realities. Still, this budget sets an ambitious tone.

For now, UP Budget 2026 stands as a large financial blueprint. Big numbers. Big claims. Big expectations. The coming months will show how much turns into real impact on the ground.