Uttar Pradesh Economic Survey and $1 Trillion Economy Vision

Introduction of first Economic Survey

Uttar Pradesh Economic Survey and $1 Trillion Economy Vision: The Government of Uttar Pradesh presented its first-ever Economic Survey 2025-26 in the state legislature. This survey provides a structured roadmap to transform the state into a $1 trillion economy, equivalent to nearly ₹83 lakh crore. It focuses on strengthening investment, infrastructure, industrial growth, and fiscal management.

The survey establishes a system of data-driven economic planning, ensuring regular monitoring of economic performance and future development priorities. It also aligns with India’s broader goal of becoming a $5 trillion economy.

Static GK fact: Uttar Pradesh is India’s most populous state and its capital is Lucknow, located on the banks of the Gomti River.

Strong macroeconomic growth performance

Uttar Pradesh has recorded significant growth in its Gross State Domestic Product GSDP, which reached ₹30.25 lakh crore in 2024-25, doubling from ₹13.30 lakh crore in 2016-17. The GSDP is projected to rise to ₹36 lakh crore in 2025-26, reflecting strong economic expansion.

The state’s Compound Annual Growth Rate CAGR stood at 10.8% during this period. Its contribution to India’s national economy increased to 9.1%, showing its rising importance.

Per capita income reached ₹1,09,844 in 2024-25 and is expected to cross ₹1,20,000 in 2025-26, indicating improvement in individual income levels.

Static GK Tip: GSDP measures the total economic output of a state, similar to GDP at the national level.

Infrastructure expansion and investment pipeline

Uttar Pradesh has created an investment pipeline worth over ₹50 lakh crore, reflecting strong investor confidence. The state has developed 22 expressways, making it India’s leading expressway network hub.

The state also has the largest railway network in India, improving connectivity and logistics. Plans are underway to expand to 24 airports, including five international airports, boosting trade and tourism.

The government follows the Triple S Framework — Safety, Stability, and Speed, supported by digital platforms like Nivesh Mitra, which simplifies investment approvals.

Static GK fact: The Yamuna Expressway connects Greater Noida to Agra, covering approximately 165 kilometers.

Industrial diversification and sectoral hubs

Industrial development has accelerated, with more than 30,000 registered factories operating in the state. Industrial gross value added has grown by 25%, the highest among major Indian states.

Specialized industrial hubs are being developed across regions. Lucknow is emerging as an AI City, while Kanpur is becoming a drone manufacturing hub. Noida has developed into a major IT and electronics center, and Bundelkhand hosts the Defence Industrial Corridor.

Uttar Pradesh ranks 4th in India’s startup ecosystem and 4th in the Export Preparedness Index 2024, highlighting its growing industrial competitiveness.

Agriculture remains the backbone

Agriculture continues to play a vital role in Uttar Pradesh’s economy. The state contributes 20.6% of India’s foodgrain production and 15.66% of India’s milk production, making it the largest producer.

It is also India’s largest producer of sugarcane, milk, and potatoes. The Gross Value Added per hectare increased from ₹0.98 lakh in 2017-18 to ₹1.73 lakh in 2024-25, showing improved agricultural productivity.

The irrigated area expanded to 2.76 crore hectares, and crop intensity reached 193.7%, reflecting better agricultural efficiency.

Static GK fact: Uttar Pradesh lies in the fertile Indo-Gangetic Plain, one of the world’s most productive agricultural regions.

Fiscal discipline and governance strength

The state budget increased to ₹8.33 lakh crore in 2025-26, showing strong fiscal capacity. The fiscal deficit is maintained at 3% of GSDP, ensuring financial stability.

The state expects a revenue surplus of 2.6% of GSDP, and its own tax revenue increased 2.5 times to ₹2.09 lakh crore. The debt-to-GSDP ratio stands at 28%, which is lower than the national average.

These indicators reflect responsible fiscal governance and sustainable financial management.

Future outlook and economic transformation

Urbanisation in Uttar Pradesh is projected to reach 35.8% by 2046, requiring modern urban planning. The state plans to develop the Lucknow State Capital Region and establish 100 new townships.

This Economic Survey institutionalizes economic assessment and supports long-term goals of industrial growth, employment generation, and infrastructure development. The roadmap strengthens Uttar Pradesh’s position as a major economic engine of India.

Static Usthadian Current Affairs Table

Uttar Pradesh Economic Survey and $1 Trillion Economy Vision: