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UP budget aims to propel state towards a 1 trillion-dollar economy: Khanna

The minister finalised the budget document on Sunday which would be presented in the Legislative Assembly on Monday.

UP budget aims to propel state towards a 1 trillion-dollar economy: Khanna

Uttar Pradesh Finance Minister Suresh Kumar Khanna on Sunday said that the second all-inclusive, all-embracing budget of the second term of the Yogi government in the state is based on the resolution of the Prime Minister to make India a developed nation by the year 2047.

The minister finalised the budget document on Sunday which would be presented in the Legislative Assembly on Monday.

“Under the able leadership of Chief Minister Yogi Adityanath, this budget will serve as a strong foundation towards transforming the state into a 1 trillion-dollar economy. This budget is dedicated to the overall development of the state as well as to rebuilding the infrastructure and bringing the poor, the underprivileged, the youth, women and farmers into the mainstream of development, leading them to live a dignified life,” Khanna said.

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He said that the country’s economy is continuously strengthening under the financial discipline and guidance of the Chief Minister.

The state Finance Minister said that this budget is a testimony to the restoration of the state’s ancient cultural glory while adhering to all the modern parameters of development. This budget also incorporates provisions to ensure that all citizens contribute fully to the overall development of the state, fostering a sense of unity and brotherhood without any form of discrimination. These measures aim to encourage full engagement from every individual towards the state’s development.

Khanna said that in the interim budget 2024-25 presented in the Parliament by Union Finance Minister Nirmala Sitharaman on February 1 under the leadership of the Prime Minister, Uttar Pradesh is expected to get Rs 2,18,816 crore as the state’s share in central taxes. He said special attention has been given to the poor, women, youth, and Annadata farmers in the Union Budget and it has been made keeping in mind the goal of making India a developed nation by the year 2047.

“In the Union Budget, greater emphasis had been laid on infrastructure development to achieve the goal of building a developed nation along with taking care of the weaker sections of the society. Uttar Pradesh is poised to reap maximum benefit from these initiatives,” he said.

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