Uttar Pradesh Tables First-Ever Economic Survey, Charts $1 Trillion Economy Roadmap

The Uttar Pradesh government has presented its first-ever Economic Survey 2025-26 in the state legislature, outlining a comprehensive roadmap to transform the state into a $1 trillion economy over the medium term. The survey provides a data-driven framework focusing on investment-led growth, infrastructure expansion, industrial diversification, fiscal discipline, and human development.

Macro-Economic Performance

Uttar Pradesh’s Gross State Domestic Product (GSDP) has shown strong growth in recent years.

• GSDP (2024-25): ₹30.25 lakh crore, doubling from ₹13.30 lakh crore in 2016-17.
• Projected GSDP (2025-26): ₹36 lakh crore, implying a growth rate of nearly 12%.
• CAGR (2016-17 to 2024-25): 10.8%
• Contribution to India’s economy has increased to 9.1%.
• Per Capita Income: ₹1,09,844 (2024-25), expected to reach ₹1,20,000 in 2025-26.

The survey estimates that achieving a $1 trillion economy (approx. ₹83 lakh crore) will require sustained investment and productivity gains.

Investment & Infrastructure Push

The state has built an investment pipeline exceeding ₹50 lakh crore in industrial proposals.

Infrastructure expansion includes:

• 22 expressways, positioning UP as India’s expressway hub
• Largest rail network in the country
• Planned expansion to 24 airports, including five international airports

The government’s strategy follows the Triple “S” Framework — Safety, Stability, and Speed, supported by digital clearance systems like Nivesh Mitra.

Industrial Diversification & Sectoral Hubs

Registered factories have crossed 30,000, and industrial gross value added has grown by 25%, the highest among major states.

Cluster-based development includes:

• Lucknow: AI City & Capital Region
• Kanpur: Drone Manufacturing & Testing Hub
• Noida: IT, Electronics & Data Centres
• Bundelkhand: Defence Industrial Corridor

UP ranks 4th in the startup ecosystem and 4th in the Export Preparedness Index 2024, while ranking 1st among landlocked states.

Agriculture & Allied Sectors

Agriculture remains a backbone of the state economy:

• Contributes 20.6% of India’s total foodgrain output
• Accounts for 15.66% of India’s milk production (highest in India)
• Largest producer of sugarcane, milk, and potatoes

GVA per hectare increased from ₹0.98 lakh (2017-18) to ₹1.73 lakh (2024-25).
Irrigated area expanded to 2.76 crore hectares, and crop intensity rose to 193.7%.

Fiscal Strength & Governance

The state budget for 2025-26 stands at ₹8.33 lakh crore, more than double over nine years.

• Fiscal deficit capped at 3% of GSDP
• Revenue surplus projected at 2.6% of GSDP
• Own tax revenue increased 2.5 times to ₹2.09 lakh crore
• Debt-to-GSDP ratio at 28%, below the national average

Future Outlook

Urbanisation is projected to reach 35.8% by 2046. Plans include the creation of a Lucknow State Capital Region and 100 new townships to manage future demographic shifts.

The survey institutionalises annual economic assessments and offers a structured roadmap for fiscal discipline, inclusive growth, and long-term sustainability.

MCQs

1. Uttar Pradesh’s GSDP in 2024-25 stood at:
(a) ₹25 lakh crore
(b) ₹30.25 lakh crore
(c) ₹36 lakh crore
(d) ₹40 lakh crore

2. The projected target for Uttar Pradesh’s economy is:
(a) $500 billion
(b) $750 billion
(c) $1 trillion
(d) $1.5 trillion

3. Uttar Pradesh contributes approximately what percentage to India’s total foodgrain output?
(a) 15%
(b) 18%
(c) 20.6%
(d) 25%

4. The fiscal deficit of Uttar Pradesh is capped at:
(a) 2% of GSDP
(b) 3% of GSDP
(c) 4% of GSDP
(d) 5% of GSDP

5. The Debt-to-GSDP ratio of Uttar Pradesh stands at:
(a) 25%
(b) 28%
(c) 32%
(d) 35%