Uttar Pradesh: State economy at a glance

Uttar Pradesh is the most populous state in India, with 16.4 per cent of the country's population, and the fourth largest by area. Agriculture is the major sector of its economy, while industry, tourism, IT and services are growing. The state's Budget 2026-27 booklet sets out a strategy for a $1 Trillion Economy built on agriculture, manufacturing, tourism and IT/ITeS.

GSDP and Growth

• GSDP growth: GSDP at current prices grew at 10% in the 2011-16 period.
• 2021: GSDP at current prices was Rs 17,05,59,337 lakh, with a per-capita GSDP of Rs 73791.77 (MOSPI, 2021).
• Growth drivers named in the budget booklet: manufacturing-led growth, value chain efficiency, tech-enabled growth, balanced regional development, investment mobilization, and start-ups and innovation.
• Enabling sectors: energy, education, infrastructure, urban development and health.

Fiscal Indicators

• Budget Estimates 2026-27: fiscal deficit of ₹1,18,480.59 crore (2.98% of GSDP), within the FRBM limit of 3.0% plus 0.5% extra allowed for energy reforms (3.5% in total).
• Revenue surplus 2026-27: ₹64,457.57 crore (1.62% of GSDP).
• 2021-22 (revised estimates): total revenue Rs 4,20,672 crore and total expenditure Rs 5,50,271 crore; revenue surplus Rs 23,210 crore (1.07% of GSDP); fiscal deficit target Rs 90,730 crore (4.17% of GSDP).

Workforce and Agriculture

• Nearly 53.5% of people aged 15-59 make up the workforce.
• About 55% of the workforce depends on agriculture, which contributes only 27.5% of GSDP.
• Employment growth fell from 2.4% a year (1993-94 to 2004-05) to 0.7% (2004-05 to 2011-12).
• About 62.2% of the workforce was self-employed in 2011-12.
• Main crops: wheat, pulses, oilseeds, rice, sugarcane and potatoes. UP is the largest producer of foodgrains, especially wheat, sugarcane, pulses and potatoes.
• About one-third of India's wheat in 2001-02 came from UP, and almost half of India's sugarcane area was in UP that year.

Industry and Services

• Industrial spectrum: food products, sugar, tobacco, chemicals, metal and plastic products, motor vehicles, textiles, electrical machinery, furniture, paper, glass ware and leather.
• Export items include software, electronics, chemicals, brass work, leather items, cotton yarn, sarees, black pottery and handicrafts.
• Services such as telecommunication, banking, insurance, logistics, health and education have grown, and the state has emerged as an IT centre.

Business and Investment

• UP ranks 1st in GST registration and 2nd in MSME registrations (as on Feb 10, 2026); air passenger traffic was 1.42Cr in FY24-25.
• Startups: 16,000+ DPIIT-recognised startups; 18,568 active startups (December 2025), nearly 8,000 led by women. UP has 8 unicorns and a target of 20 unicorns by 2030.
• UPSIDA made its highest ever 798 land allocations in 2024-25, attracting 60,000 crore+ of investment and 52,000+ jobs.
• UP is an Achiever State in Ease of Doing Business, with 33 sectoral policies and 15 lakh crore of investments grounded in the last 8 years.
• UP ranks 4th in NITI Aayog's Export Preparedness Index 2024.
• StartInUP: an INR 1,000 Cr fund of funds for startups; Film City is underway in Sector-21 on 230 acres under PPP.
• PLEDGE Parks: 12 sanctioned; the Sugamya Vyapar Bill (2025) decriminalises 99% of criminal provisions in 13 state acts.

Banking and Financial Inclusion

• Total banking business grew from 12.80 lakh crore (March 2017) to 32.79 lakh crore (December 2025).
• 4,30,565 banking outlets (December 2025), including 20,913 branches and 19,191 ATMs.
• Kisan Credit Card: limits of more than 1 lakh crore approved for 50.82 lakh farmers till December 2025.
• NABARD projected 5.73 lakh crore of credit into priority sectors for 2024-25; the booklet states UP leads the country with a CD ratio of 60.39 (December 2025).
• #1 in the country for accounts under PMJDY (10.13 Cr.), PMSBY (7.94 Cr.), PMJJBY (2.92 Cr.), Atal Pension Yojana (1.37 Cr.) and PM Swanidhi (21.35 Lakhs).
• 2025-26: PM Mudra Yojana reached 35 Lakh beneficiaries; CM YUVA reached 1.10 Lakh beneficiaries.

Administration

• Bicameral legislature: Vidhan Sabha and Vidhan Parishad, with a Governor and a High Court.
• 75 districts in 18 divisions; 403 constituencies.