Uttarakhand Budget 2025-26: Record ₹1 lakh cr for growth
The government of Uttarakhand has presented its budget for 2025-26, setting a new record with an allocation of ₹1,01,175 crore. This historic high budget prioritizes infrastructure, jobs, rural growth, tourism, and sustainability, showcasing the state’s commitment to balanced economic progress, employment, and environmental conservation.
The budget, presented by Chief Minister Pushkar Singh Dhami, aims to accelerate the state’s growth trajectory while addressing the pressing concerns of climate change, rural development, and entrepreneurship. The allocation of ₹14,763 crore for capital projects is a significant step towards this goal, focusing on critical infrastructure development, including roads, bridges, and public transportation.
Another notable allocation is the ₹60 crore earmarked for climate change mitigation and adaptation measures. This move underscores the state government’s dedication to reducing its carbon footprint and ensuring a sustainable future for its citizens. The budget also allocates ₹168.33 crore for tourism development, recognizing the sector’s potential to drive economic growth and create employment opportunities.
In addition to these key allocations, the budget provides ₹20 crore for startups, aimed at fostering innovation and entrepreneurship in the state. This initiative is expected to create new job opportunities, attract investments, and contribute to the state’s economic diversification.
Key Highlights of Uttarakhand Budget 2025-26
- Capital Projects: ₹14,763 crore for infrastructure development, including roads, bridges, and public transportation.
- Climate Change: ₹60 crore for climate change mitigation and adaptation measures.
- Tourism: ₹168.33 crore for tourism development, focused on promoting the state’s natural beauty and cultural heritage.
- Startups: ₹20 crore for startup initiatives, aimed at fostering innovation and entrepreneurship.
- Rural Growth: Emphasis on rural development, including investments in agriculture, education, and healthcare.
Impact on the Economy
The Uttarakhand budget 2025-26 is expected to have a positive impact on the state’s economy, driving growth, employment, and sustainable development. The allocation for capital projects will enhance the state’s infrastructure, improving connectivity and facilitating the movement of goods and services. The focus on climate change initiatives will help reduce the state’s carbon footprint, making it an attractive destination for investors and tourists.
The budget’s emphasis on rural growth, tourism, and startups will create new opportunities for employment and entrepreneurship, reducing the state’s dependence on a single sector. The allocation for agriculture, education, and healthcare will also improve the lives of rural citizens, enhancing their overall well-being.
Conclusion
The Uttarakhand budget 2025-26 is a significant step towards the state’s growth and development. With a record allocation of ₹1,01,175 crore, the government has demonstrated its commitment to balanced economic progress, employment, and environmental conservation. The budget’s focus on infrastructure, climate change, tourism, and startups will drive growth, create new opportunities, and ensure a sustainable future for the state’s citizens.
Source:
https://ascendants.in/events/uttarakhand-budget-2025-26/
