The Times Of India | Feb 20, 2025 , 14:41:37 IST

Uttar Pradesh Budget 2025 Live Updates: Rs 8.08 lakh crore budget unveiled with focus on growth and infrastructure

Finance minister Suresh Khanna is set to present his sixth consecutive budget today, focusing on key sectors such as farmers, youth, women, and the middle class. The total budget outlay is expected to exceed Rs 7.9 lakh crore, maintaining a revenue surplus like the previous fiscal. The budget will prioritize infrastructure development, including new expressways and metro network expansions, while emphasizing economic discipline by adhering to the 3.5% FRBM limit. With a growing youth population, the government is likely to focus on employment generation by promoting start-ups and entrepreneurship. Increased capital expenditure on long-term projects is expected, while balancing necessary revenue expenditure. GST and VAT collections will remain primary revenue sources, with collection targets set to rise. Uttar Pradesh’s GDP is projected to surpass Rs 30 lakh crore, driven by significant investments of Rs 10 lakh crore already realized and Rs 7 lakh crore in the pipeline, advancing the state towards its one-trillion-dollar economy goal. Stay with TOI for latest Updates
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