Questioning the hype around Uttar Pradesh’s “revenue surplus” in 10 charts
An analysis of Uttar Pradesh's fiscal status suggests that its reported 'revenue surplus' is largely due to under-spending rather than economic growth. The report highlights that the state failed to utilize its full budget despite having significant funds available.
Uttar Pradesh Chief Minister Yogi Adityanath, who spoke emphatically about the State’s economic growth at his government’s Industry Leaders Roadshow in Bengaluru on June 24, highlighted how the State has become “revenue surplus in the last six years,” while shedding its image of being a “BIMARU” State — an uncomplimentary term used to refer to a group of North Indian States that lagged behind on developmental indicators.
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