Uttarakhand has gained financial relief in the Union Budget 2025, with an increased share of ₹15,902 crore in central taxes, boosting state development projects.
Financial Support for Development
- The state will receive ₹444 crore more than the previous fiscal year from central taxes.
- A ₹1.5 lakh crore interest-free loan scheme for states’ capital development will benefit Uttarakhand.
Major Announcements for Uttarakhand
- Jal Jeevan Mission extended till 2028, allowing more time to complete pending projects.
- Cybersecurity and AI Centers of Excellence: The Centre has announced five national centers, addressing the state’s request for technological advancement.
- 50,000 Atal Tinkering Labs to be set up in schools, benefiting the education sector.
Key Benefits for Uttarakhand Residents
- Tax relief up to ₹12 lakh annual income will benefit salaried professionals.
- Broadband expansion in government schools will strengthen the knowledge economy.
- Boost to homestays, startups, and agriculture through budget incentives.
- Improved air connectivity to enhance tourism and trade.
