Uttar Pradesh Budget 2023: Yogi govt to present state's largest-ever budget today

Finance Minister Suresh Khanna said that the focus is likely to be on infrastructure development, health sector and education.

The budget size is likely to increase by 8-10 per cent and is expected to be around Rs 7 lakh crore. (Photo credit: Reuters)

The Yogi Adityanath government in Uttar Pradesh will present its annual budget for 2023-2024 in the Legislative Assembly today. Finance Minister Suresh Khanna said that the focus is likely to be on infrastructure development, health sector and education.

This will be the largest budget ever tabled by the Uttar Pradesh government in the country's most populous state. The budget size is likely to increase by 8-10 per cent and is expected to be around Rs 7 lakh crore. This would be over Rs 50,000 crore more as compared to previous budget size which stood around Rs 6.48 lakh crore, including Rs 33,000 crore raised through supplementary demands.

The budget is likely to give further push to infrastructure development, IT, health and education sectors. It would also have much to cheer about for women, youth and the poor.
With the Global Investors Summit (GIS) receiving investment pledges worth Rs 33.5 lakh crore, the budget would have to focus on developing infrastructure in districts, other than the NCR region, in a bid to get investment proposals in these areas converted to reality on ground. The budget is also likely to focus on Uttar Pradesh government's consultant Deloitte's first report on taking the state to one trillion-dollar economy target.

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