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UP Targets Higher Fund Utilisation for 2025–26
ECONOMY & POLICY

UP Targets Higher Fund Utilisation for 2025–26

After utilising nearly 80 per cent of its annual budget for 2024–25, the Uttar Pradesh government has shifted focus to ensure even greater and more qualitative use of funds in 2025–26. Finance Minister Suresh Khanna said regular monitoring will be done, with the first review scheduled after the June 30 quarter.

Khanna said the government aims to improve the timely release and utilisation of funds next fiscal. Preliminary estimates show that 68–70 per cent of funds allocated for capital expenditure and 80–85 per cent for revenue expenditure have been used in 2024–25.

Officials said around Rs 1.07 trillion was spent on debt servicing and related expenses, while Rs 613.11 billion was used for allowances and pensions. Among departments, the energy department led spending with Rs 543.46 billion utilisation.

Other departments with significant fund usage include heavy and medium industries (Rs 203.81 billion), rural development (Rs 155.86 billion), panchayati raj (Rs 168.96 billion), police (Rs 333.96 billion), medical health and family welfare (Rs 218.94 billion), medical education and training (Rs 103.49 billion), urban development (Rs 151.32 billion), PWD (Rs 324.87 billion), primary education (Rs 673.23 billion) and secondary education (Rs 155.51 billion).

Departments like minor irrigation, civil aviation, tourism, transport, social welfare (SC welfare), backward classes welfare, and Pradeshik Vikas Dal and Yuva Kalyan reported more than 90 per cent fund utilisation during 2024–25.

Image source:Image generated by ChatGPT

After utilising nearly 80 per cent of its annual budget for 2024–25, the Uttar Pradesh government has shifted focus to ensure even greater and more qualitative use of funds in 2025–26. Finance Minister Suresh Khanna said regular monitoring will be done, with the first review scheduled after the June 30 quarter. Khanna said the government aims to improve the timely release and utilisation of funds next fiscal. Preliminary estimates show that 68–70 per cent of funds allocated for capital expenditure and 80–85 per cent for revenue expenditure have been used in 2024–25. Officials said around Rs 1.07 trillion was spent on debt servicing and related expenses, while Rs 613.11 billion was used for allowances and pensions. Among departments, the energy department led spending with Rs 543.46 billion utilisation. Other departments with significant fund usage include heavy and medium industries (Rs 203.81 billion), rural development (Rs 155.86 billion), panchayati raj (Rs 168.96 billion), police (Rs 333.96 billion), medical health and family welfare (Rs 218.94 billion), medical education and training (Rs 103.49 billion), urban development (Rs 151.32 billion), PWD (Rs 324.87 billion), primary education (Rs 673.23 billion) and secondary education (Rs 155.51 billion). Departments like minor irrigation, civil aviation, tourism, transport, social welfare (SC welfare), backward classes welfare, and Pradeshik Vikas Dal and Yuva Kalyan reported more than 90 per cent fund utilisation during 2024–25.Image source:Image generated by ChatGPT

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