UP Tables Rs 245 Billion Supplementary Budget for FY26
ECONOMY & POLICY

UP Tables Rs 245 Billion Supplementary Budget for FY26

The Uttar Pradesh government on Monday presented a supplementary budget of Rs 244.97 billion for the financial year 2025–26 during the second day of the five-day winter session of the state legislature. Presenting the budget in the Assembly, State Finance Minister Suresh Khanna said the additional provisions are aimed at sustaining development momentum, strengthening essential sectors and accelerating welfare schemes to address emerging requirements.

Khanna said the original budget for the current fiscal stood at Rs 8,087.36 billion, with the supplementary budget accounting for 3.03 per cent of the total. Following the inclusion of the additional outlay, the overall budget size for the year has increased to Rs 8,332.33 billion. He noted that the supplementary budget prioritises the state’s development agenda, with Rs 183.69 billion allocated for revenue expenditure and Rs 61.28 billion earmarked for capital expenditure, reflecting a balance between meeting immediate revenue needs and reinforcing long-term infrastructure creation.

Key sectoral allocations include Rs 48.74 billion for industrial development, Rs 45.21 billion for the power sector, Rs 35 billion for health and family welfare, and Rs 17.59 billion for urban development. Additional provisions have been made for technical education with Rs 6.40 billion, women and child development with Rs 5.35 billion, the New and Renewable Energy Development Agency with Rs 5 billion, and medical education with Rs 4.23 billion. The government has also set aside Rs 4 billion for cane and sugar mills.

Among major infrastructure projects, the Ganga Expressway connecting Meerut and Prayagraj has been allocated Rs 18.35 billion, while Rs 12.46 billion has been earmarked for the Greenfield Expressway link road connecting Jewar International Airport with the Ganga Expressway. Reiterating the Yogi government’s commitment to fiscal discipline under the FRBM Act, Khanna cited Government of India estimates indicating Uttar Pradesh’s Gross State Domestic Product is projected at Rs 31.14 trillion, underscoring the state’s progress towards becoming a revenue surplus economy.

The Uttar Pradesh government on Monday presented a supplementary budget of Rs 244.97 billion for the financial year 2025–26 during the second day of the five-day winter session of the state legislature. Presenting the budget in the Assembly, State Finance Minister Suresh Khanna said the additional provisions are aimed at sustaining development momentum, strengthening essential sectors and accelerating welfare schemes to address emerging requirements. Khanna said the original budget for the current fiscal stood at Rs 8,087.36 billion, with the supplementary budget accounting for 3.03 per cent of the total. Following the inclusion of the additional outlay, the overall budget size for the year has increased to Rs 8,332.33 billion. He noted that the supplementary budget prioritises the state’s development agenda, with Rs 183.69 billion allocated for revenue expenditure and Rs 61.28 billion earmarked for capital expenditure, reflecting a balance between meeting immediate revenue needs and reinforcing long-term infrastructure creation. Key sectoral allocations include Rs 48.74 billion for industrial development, Rs 45.21 billion for the power sector, Rs 35 billion for health and family welfare, and Rs 17.59 billion for urban development. Additional provisions have been made for technical education with Rs 6.40 billion, women and child development with Rs 5.35 billion, the New and Renewable Energy Development Agency with Rs 5 billion, and medical education with Rs 4.23 billion. The government has also set aside Rs 4 billion for cane and sugar mills. Among major infrastructure projects, the Ganga Expressway connecting Meerut and Prayagraj has been allocated Rs 18.35 billion, while Rs 12.46 billion has been earmarked for the Greenfield Expressway link road connecting Jewar International Airport with the Ganga Expressway. Reiterating the Yogi government’s commitment to fiscal discipline under the FRBM Act, Khanna cited Government of India estimates indicating Uttar Pradesh’s Gross State Domestic Product is projected at Rs 31.14 trillion, underscoring the state’s progress towards becoming a revenue surplus economy.

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement