Mega push for infra, industrial growth
LUCKNOW, Feb. 12 -- In a bid to give a push to infrastructure and industrial development in UP to present the state as investor friendly, the Yogi government on Wednesday made an allocation of Rs 27,103 crore in its budget for 2026-27 fiscal.
For the 'Mukhyamantri Industrial Area Expansion and New Industrial Area Promotion Scheme', an allocation of Rs 5,000 crore has been made in the budget. A provision of Rs.2,374 crore is proposed under the newly launched Swami Vivekanand Yuva Sashaktikaran Yojana for distribution of tablets and smartphones.
Finance minister Suresh Khanna said in the defence industrial corridor project, the state government has signed MoUs for establishing 200 defence industries. These industries are likely to bring an investment of Rs 35,280 crore and provide direct employment to approximately 53,263 people.
Besides, an allocation of Rs 2000 crore has been proposed under the Atal Infrastructure Mission for infrastructure development. In the budget, a provision of Rs 100 crore has been proposed for the implementation of the Incentive Policy-2023 announced for foreign direct investment and investments from "Fortune-500" companies....
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