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UP Budget 2023: Govt Proposed Budget for FY 2023-24

UP budget 2023 is being proposed by the Finance Minister of Uttar Pradesh, Suresh Khanna, for the financial year 2023-24. This is the second budget proposed for Chief Minister Yogi Adityanath,

Another reason for the UP Budget 2023 holding great significance is because of the Lok Sabha elections that are dated between April-May 2024. “As the country’s most populous state, Uttar Pradesh sends 80 members to the lower house of Parliament – the highest among all states and UTs. In 2014 and 2019, the BJP won 71 and 62 seats respectively from Uttar Pradesh, and crossed the majority mark in Lok Sabha on its own,” mentioned Hindustan times.

UP Budget 2023 Govt Proposed Budget for FY 2023-24

Main Highlights of UP Budget 2023

  • For the development of the Gorakhpur Industrial Corridor, which will emerge near the Gorakhpur Link Expressway, the Government has proposed a massive budget of ₹200 Cr.
  • In this budget plan, the Government will secure ₹3,600 Cr for the students to provide them tablets and smartphones for virtual studies.
  • “I hope the UP CM and the finance minister will both take steps to make UP a $1 trillion economy. In the last 6 budgets of this govt, no steps were taken for the welfare of farmers, and youth and unemployment also remained unaddressed: Akhilesh Yadav, SP chief and Leader of Opposition,” mentioned by Hindustan times quoting Akhilesh Yadav.
  • “Organised crime has been eradicated from UP in the last few years. The state has only moved towards development. Today, our second budget will be presented. Our focus is on the infrastructure sector, and our goal is to achieve a $1 trillion economy,” said Suresh Khanna, UP finance minister.

Also read:

Income Tax Calculator 2023: Old vs New Tax Regime, Which is Better for ₹10 Lakh Salary

Rishabh Sharma

Rishabh is an experienced content writer and editor, he is working for Viralbake to cover a diversified range of categories. His articles mainly focus on providing information, being a travel guide, educating others, and also making people aware of technology, after all, he is a technophile. When not writing he can be found gaming, watching movies, and travelling.

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