Budget pushes state’s growth, say industry honchos | Lucknow News
Industry honchos across sectors welcomed the UP govt’s Rs9,12,696 crore Budget for 2026-27, tabled on Wednesday, describing it as growth-oriented and aligned with the state’s ambition of becoming a trillion-dollar economy.Calling it the biggest Budget in the state’s history, chairperson of CII (UP) and managing director of Yashoda Superspecialty Hospitals, Dr Upasana Arora said the 12.2% rise over last year reflected the steady pace of economic growth. She lauded the allocation of over Rs46,000 crore to the health sector and the announcement of 14 new medical colleges, saying it would significantly strengthen healthcare infrastructure and ease the burden on patients. Relief on cancer and diabetes medicines, she added, would benefit many families.Past chairman of CII (UP), Jai Agarwal termed the expansion of the Mukhya Mantri Industrial Area and the creation of new industrial zones — backed by nearly Rs27,000 crore for infrastructure and industrial schemes — as a major boost to investment. The Rs1,000 crore earmarked under the Mukhyamantri Udyami Vikas Abhiyan to facilitate 1 lakh micro enterprises annually was also welcomed.National general secretary of Indian Industries Association, Deepak Kumar Bajaj highlighted the Rs3,822 crore allocation for MSMEs, nearly 19% higher than last year. He said provisions for youth entrepreneurship, ODOP and investments in infrastructure, energy, IT, AI and solar power would enhance competitiveness and help position UP as a manufacturing hub.Past chairman of CII (UP), Akash Goenka said the Rs720 crore earmarked for Kanpur, Meerut and Agra would bridge infrastructure gaps in key industrial centres. Vice-chairman of CII (UP), Abhishek Saraff said continued investments in roads, railways and expressways would create fresh opportunities for industry and jobs for youth.Real estate players also expressed optimism. Anjani Kumar Pandey of Omaxe Group said the capital expenditure of Rs1.47 lakh crore and sustained infrastructure expansion would further strengthen investor confidence and spur employment across sectors.
