UP budget rises to ₹8.33 trillion; health outlay hits record: Eco Survey ...Middle East

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UP budget rises to ₹8.33 trillion; health outlay hits record: Eco Survey
source : Business Standard ( Middle East ) () 12
Uttar Pradesh's budget size has more than doubled from Rs 3.47 lakh crore in 2016-17 to an estimated Rs 8.33 lakh crore in 2025-26, while capital expenditure rose from Rs 69,790 crore to Rs 1,47,720 crore during the period, according to the Economic Survey tabled in the assembly on Monday. Presenting the report on the opening day of the budget session, Finance Minister Suresh Kumar Khanna said the budget has expanded by Rs 4.86 lakh crore over the past nine years, compared to an increase of Rs 2.34 lakh crore between 2008-09 and 2016-17. The survey described the state's fiscal position as balanced, noting that the public debt-to-GSDP ratio declined from 29.3 per cent in 2016-17 to 28.0 per cent in 2024-25, lower than national and global averages. In the health sector, the allocation has reached a record Rs 46,728.48 crore, accounting for 6.1 per cent of the total budget. The report claimed that citizens' out-of-pocket health expenditure has reduced and medical infrastructure has bee

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