Uttar Pradesh Finance Minister Suresh Kumar Khanna tables ₹8.09 lakh crore Budget
The Hindu
Uttar Pradesh Finance Minister presents ₹8,08,736 crore Budget for 2025-26 with focus on research, development, and IT.
Uttar Pradesh Finance Minister Suresh Kumar Khanna on Thursday (February 20, 2025) tabled ₹8,08,736 crore Budget for the financial year 2025-26 in the State Assembly with a focus on research & development and Information Technology.
Mr. Khanna in his Budget speech said 22% of the Budget has been allocated for development purposes, 13% for education, 11% for agriculture and related services, while six per cent has been allocated for health.
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"We have focussed on research, development and Information Technology in the Budget," said Mr. Khanna. He began his address by praising Chief Minister Yogi Adityanath and highlighting developments in the State under his leadership.
He also mentioned about 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.
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Mr. Khanna said the total Budget outlay for financial year 2025-26 is 9.8% higher from the Budget outlay for FY25. The size of the State's Budget for 2024-25 was ₹7,36,437 crore that included new schemes worth ₹24,863.57 crore.
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