Uttar Pradesh Presents Its First Economic Survey, Lays Out Path to $1 Trillion Economy

Uttar Pradesh has created history by presenting its first-ever Economic Survey 2025-26, similar to the Union government’s annual survey. Presented in the State Assembly by Finance Minister Suresh Khanna, the survey outlines a clear, data-backed plan to transform Uttar Pradesh into a $1 trillion economy through investment-led growth, infrastructure expansion, and sector-wide reforms.

Uttar Pradesh Economic Survey 2025-26: A First for the State

• The Uttar Pradesh Economic Survey 2025-26 provides a comprehensive overview of the state’s economy, finances, and development sectors.
• This marks the first time Uttar Pradesh has released such a detailed annual economic document.
• The survey highlights consistent economic growth, improved fiscal discipline, and rising investor confidence.
• It positions Uttar Pradesh as a fast-emerging economic powerhouse, supported by reforms in governance, digital systems, and law and order.
• The document also aligns state growth goals with the long-term vision of Developed Uttar Pradesh 2047, focusing on sustainability, employment, and inclusive development.

Targeting a $1 Trillion Economy Through Investment-Led Growth

• A central theme of the Uttar Pradesh Economic Survey 2025-26 is the ambition to achieve a $1 trillion economy.
• The state’s Gross State Domestic Product (GSDP) grew from ₹13.30 lakh crore in 2016-17 to ₹30.25 lakh crore in 2024-25, with projections of ₹36 lakh crore in 2025-26.
• Average annual growth stands at 10.8%, among the highest in India. Investment proposals worth over ₹50 lakh crore reflect growing trust from domestic and global investors, signaling strong momentum toward the trillion-dollar goal.

‘Triple S’ Model: Safety, Stability, Speed

• The survey highlights the government’s “Triple S” investment model Safety, Stability, and Speed as the backbone of its growth strategy.
• Improved law and order, predictable policies, and fast project approvals have enhanced the business climate.
• Digital platforms like Nivesh Mitra ensure time-bound clearances and transparency. Notably, MoUs worth ₹2.94 lakh crore were signed at the World Economic Forum 2026, reinforcing Uttar Pradesh’s rising global investment profile.

Infrastructure Push: Expressways, Airports, and Logistics

• Infrastructure development is a major driver in the Uttar Pradesh Economic Survey 2025-26.
• The state is emerging as India’s expressway hub, with 22 expressways planned or operational.
• Uttar Pradesh also boasts the country’s largest rail network and plans to develop 24 airports, including five international ones.
• The Jewar International Greenfield Airport is expected to become a key cargo and logistics hub for North India, boosting exports and employment.

Industry and Manufacturing: Cluster-Based Growth

• Industrial growth has accelerated sharply. Registered factories have crossed 30,000, nearly doubling in recent years.
• Industrial Gross Value Added has grown by 25%, the highest among major states.
• Under the cluster strategy, Lucknow is being developed as an AI hub, Kanpur as a drone manufacturing and testing centre, and Noida as an IT and electronics hub.
• This targeted approach strengthens Uttar Pradesh’s manufacturing ecosystem and job creation capacity.

Agriculture and Rural Economy: Still the Backbone

• Agriculture remains vital under the Uttar Pradesh Economic Survey 2025-26. The sector’s share in the economy rose to 24.9% in 2024-25.
• Uttar Pradesh continues as India’s largest foodgrain producer, with 737.4 lakh metric tonnes output.
• Productivity gains, higher MSP procurement, micro-irrigation, and expanded irrigation coverage have boosted farmer incomes.
• Crop income per hectare increased significantly, while pulses and oilseeds acreage expanded due to focused government schemes.

Health, Social Welfare, and Governance Reforms

• The health budget rose to ₹46,728.48 crore in 2025-26, improving access and reducing out-of-pocket expenses.
• Institutional deliveries reached 96.12%, and full immunisation coverage was achieved for children under five.
• Law and order reforms, technology-driven policing, women safety initiatives, and fast-track courts have strengthened governance.
• The state budget has grown to ₹8.33 lakh crore, with a debt-to-GSDP ratio of 28%, below the national average.

Question

Q. What does the “Triple S” investment model stand for in Uttar Pradesh?

A. Speed, Scale, Skill
B. Safety, Stability, Speed
C. Security, Sustainability, Skill
D. Scale, Stability, Support