Uttar Pradesh State Budget 2024-25 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Uttar Pradesh FY 2024-25
Uttar Pradesh State Budget 2024-25 Budget at a Glance
Total Receipts
Rs 5.51 lakh crore
+17.8%
Total Expenditure
Rs 6.46 lakh crore
+17.8%
Fiscal Deficit
3.4%
Rs 94,805 crore
Capital Expenditure
Rs 1.54 lakh crore
+31.8%
Tax Revenue
Rs 2.18 lakh crore
+14.7%
Interest Payments
Rs 53,805 crore
8% of expenditure
Uttar Pradesh Revenue Receipts 2024-25
Own tax revenue vs non-tax revenue breakdown
Uttar Pradesh Expenditure Breakdown 2024-25
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP â Uttar Pradesh 2024-25
The fiscal deficit for Uttar Pradesh in 2024-25 is 3.4% of GSDP (Rs 94,805 crore), reflecting the state's borrowing needs to fund development programmes.
States are expected to maintain fiscal deficit within 3% of GSDP as per the FRBM Act. Uttar Pradesh is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 53,805 crore consume 8.3% of total expenditure.
Uttar Pradesh State Budget 2024-25 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 6.51 lakh crore | 100% |
| 1. Revenue Receipts | Rs 5.51 lakh crore | 84.6% |
| a. Own Tax Revenue | Rs 2.18 lakh crore | 33.5% |
| b. Non-Tax Revenue | Rs 35,000 crore | 5.4% |
| B. Total Expenditure | Rs 6.46 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 4.92 lakh crore | 76.2% |
| 2. Capital Expenditure | Rs 1.54 lakh crore | 23.8% |
| of which: Interest Payments | Rs 53,805 crore | 8.3% |
| C. Fiscal Deficit | Rs 94,805 crore | 3.4% of GSDP |
Source: Uttar Pradesh State Budget Documents via PRS India. All figures in Indian Rupees.
Uttar Pradesh Department-wise Expenditure 2024-25
Top departments by allocation in Uttar Pradesh for 2024-25
| Department â | Revenue â | Capital â | Total â | Share |
|---|---|---|---|---|
1. Education | Rs 70,000 crore | Rs 10,000 crore | Rs 80,000 crore | 12.4% |
2. Rural Development | Rs 44,000 crore | Rs 15,000 crore | Rs 59,000 crore | 9.1% |
3. Health & Family Welfare | Rs 30,000 crore | Rs 8,000 crore | Rs 38,000 crore | 5.9% |
4. Transport & Roads | Rs 12,000 crore | Rs 24,000 crore | Rs 36,000 crore | 5.6% |
5. Agriculture & Allied | Rs 30,000 crore | Rs 5,000 crore | Rs 35,000 crore | 5.4% |
6. Energy | Rs 24,000 crore | Rs 7,000 crore | Rs 31,000 crore | 4.8% |
7. Police & Home | Rs 26,000 crore | Rs 3,500 crore | Rs 29,500 crore | 4.6% |
8. Urban Development | Rs 15,000 crore | Rs 12,000 crore | Rs 27,000 crore | 4.2% |
9. Water Supply & Sanitation | Rs 10,000 crore | Rs 15,000 crore | Rs 25,000 crore | 3.9% |
10. Social Welfare | Rs 20,000 crore | Rs 2,500 crore | Rs 22,500 crore | 3.5% |
Uttar Pradesh Budget 2024-25 Analysis & Highlights
Key Highlights
- UP Budget 2024-25 estimated total expenditure at Rs 6.9 lakh crore, up 10% from previous year.
- Noida International Airport (Jewar) received Rs 4,000 crore state matching contribution.
- Capital expenditure at Rs 1.05 lakh crore, the highest ever for the state, focused on road infrastructure.
- Yamuna Expressway Industrial Development Authority investments of Rs 8,000 crore for new industrial nodes.
- State GST collections projected at Rs 85,000 crore with 15% growth target.
- Midday meal program allocation of Rs 12,000 crore covering 3.8 crore schoolchildren.
- Rural roads allocation of Rs 18,000 crore under PM Gram Sadak Yojana and state schemes.
- Power sector received Rs 20,000 crore for transmission upgrades and solar energy expansion.
- Housing for all scheme received Rs 10,000 crore targeting completion of 25 lakh dwelling units.
- Varanasi development package of Rs 5,000 crore for ghats restoration, temple corridor, and smart city.
- UP Metro expansion across Lucknow, Kanpur, and Agra received combined allocation of Rs 6,000 crore.
Compare Uttar Pradesh Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
|---|---|---|---|---|---|
| Total Expenditure | â | â | â | Rs 5.48 lakh crore | Rs 6.46 lakh crore |
| Revenue Receipts | â | â | â | Rs 4.68 lakh crore | Rs 5.51 lakh crore |
| Capital Expenditure | â | â | â | Rs 1.17 lakh crore | Rs 1.54 lakh crore |
| Fiscal Deficit (% GSDP) | â | â | â | 3.2% | 3.4% |
| Own Tax Revenue | â | â | â | Rs 1.9 lakh crore | Rs 2.18 lakh crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Uttar Pradesh State Budget 2024-25
The Uttar Pradesh state budget is the annual financial plan presented in the state legislature. It covers all revenue receipts, expenditure allocations across departments, and fiscal deficit management. State budgets are critical because states handle key development areas including education, health, agriculture, and infrastructure.
Uttar Pradesh Revenue Sources
State revenue comes from three sources: own tax revenue (state GST, stamp duty, excise, vehicle tax), non-tax revenue (fees, fines, interest), and transfers from the Centre (share of central taxes as per Finance Commission recommendations, plus grants-in-aid for specific schemes).
Fiscal Deficit and State Borrowing
Under the FRBM framework, states target a fiscal deficit of 3% of GSDP. States can borrow from the market via State Development Loans (SDLs), and the central government also provides loans. The RBI manages the borrowing calendar for states to ensure orderly market conditions.
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Compare Uttar Pradesh with other states
Side-by-side comparison of fiscal metrics across Indian states