Latest News: Indian share markets will be open for trading on Sunday, February 01, as the Union Budget is being presented on that day * Key Highlights of Economic Survey 2025–26: GDP & GVA Growth Estimates for FY 2026: First advance estimates at 7.4% and 7.3% respectively * India’s Core Growth Projection: Around 7%, with real GDP growth for FY 2027 expected between 6.8% and 7.2% * Central Government Revenue: Rose to 11.6% of GDP in FY 2025 * Non-Performing Assets: Declined to a multi-decade low of 2.2% * PMJDY Accounts: Over 552 million bank accounts opened by March 2025; 366 million in rural and semi-urban areas * Investor Base: Surpassed 120 million by September 2025, with women comprising ~25% * Global Trade Share: India’s export share doubled from 1% in 2005 to 1.8% in 2024 * Services Export: Reached an all-time high of $387.6 billion in FY 2025, up 13.6% * Global Deposits: India became the largest recipient in FY 2025 with $135.4 billion * Foreign Exchange Reserves: Hit $701.4 billion on January 16, 2026—covering 11 months of imports and 94% of external debt * Inflation: Averaged 1.7% from April to December 2025 * Foodgrain Production: Reached 357.73 million metric tons in 2024–25, up 25.43 MMT from the previous year * PM-Kisan Scheme: Over ₹4.09 lakh crore disbursed to eligible farmers since inception * Rural Employment Alignment: “Viksit Bharat – Jee Ram Ji” initiative launched to replace MGNREGA in the vision for a developed India by 2047 * Manufacturing Growth: 7.72% in Q1 and 9.13% in Q2 of FY 2026 * PLI Scheme Impact: ₹2 lakh crore in actual investment across 14 sectors; production and sales exceeded ₹18.7 lakh crore; over 1.26 million jobs created by September 2025 * Semiconductor Mission: Domestic capacity boosted with ₹1.6 lakh crore invested across 10 projects * Railway High-Speed Corridor: Expanded from 550 km in FY 2014 to 5,364 km; 3,500 km added in FY 2026 * Civil Aviation: India became the third-largest domestic air travel market; airports increased from 74 in 2014 to 164 in 2025 * DISCOMs Turnaround: Recorded first-ever positive PAT of ₹20,701 crore in FY 2025 * Renewable Energy: India ranked third globally in total renewable and installed solar capacity * Satellite Docking: India became the fourth country to achieve autonomous satellite docking capability * School Enrollment Ratios: Primary – 90.9%, Upper Primary – 90.3%, Secondary – 78.7% * Higher Education Expansion: India now has 23 IITs, 21 IIMs, and 20 AIIMS; international IIT campuses established in Zanzibar and Abu Dhabi * Maternal & Infant Mortality: Declined since 1990, now below global average * E-Shram Portal: Over 310 million unorganised workers registered by January 2026; 54% are women * National Career Service Portal: Job vacancies exceeded 28 million in FY 2025 and crossed 23 million by September 2026

Yogi’s Uttar Pradesh vs Siddaramaiah’s Karnataka


On the grand stage of Indian politics, Uttar Pradesh and Karnataka present two starkly different portraits—one riding the wave of Hindutva, with strict and accountable governance, while the other scripts progress with the ink of welfare policies. Recently, when the Union Finance Ministry’s latest report was tabled in Parliament, one phrase dominated conversations: "Karnataka is Number One!" 

Yes, Karnataka has now become the state with the highest per capita income in the country—₹2,04,605 per person! This remarkable feat comes after a staggering 93.6 per cent leap over the past decade. 

Read in Hindi: योगी का उत्तर प्रदेश बनाम सिद्धारमैया का कर्नाटक

On the other hand, Uttar Pradesh—India’s most populous state—still hovers around a per capita income of ₹1 lakh. Despite the development engine running at full throttle, it hasn’t quite gained full momentum on the tracks, for reasons unknown. 

Bengaluru—the heartbeat of Karnataka’s economy—alone contributes 36 per cent of the state’s GSDP, i.e. ₹28.83 lakh crore. Not just that, technology, fintech, and artificial intelligence have collectively turned it into India’s Silicon Valley. 

A Mysuru-based industrialist explains, "40 per cent urbanisation, just 3.2 per cent unemployment (2021–22), and an influx of 4.43 million skilled workers make this state not just attractive but also one of the fastest-growing in the country. Where there’s knowledge, capital follows—and Karnataka is a living testament to this."

Meanwhile, commenting on UP, Prof Paras Nath Choudhary says, "It’s easy to get lost in the crowd, but standing out requires something extraordinary. UP is grappling with this very dilemma. Under Yogi Adityanath’s leadership, the state is promoting rapid industrialisation. Factories are lining up in Purvanchal, infrastructure is being prioritised, and groundbreaking ceremonies are being held to lure FDI. Fighter jets land on expressways, defence corridors are being built, and the dazzling Jewar International Airport is nearly ready. Operation Langda has tightened the law's grip. But the burden of population, low urbanisation (22.3 per cent), and poverty rates above 22 per cent pose challenges at every step." 

Retired sociologist Babu Gopalakrishnan from Bengaluru notes, "While the Yogi government champions the slogan of a 'Strong Uttar Pradesh’, Siddaramaiah’s Congress is handing out 'Guarantee Cards’. Karnataka’s five guarantee schemes—Gruha Jyoti, Gruha Lakshmi, Shakti, Yuva Nidhi, and Anna Bhagya—have enhanced purchasing power in every village, contributing to a boost in GSDP. Rural poverty has dropped to 24.53 per cent, i.e. below the national average, urban poverty stands at 15.25 per cent, and GST collection has hit ₹1.2 lakh crore (2023–24)." 

In contrast, UP’s GST collection is a mere ₹80,000 crore, with a direct tax contribution of around 3-4 per cent. Karnataka doesn’t just have IT—it also boasts mineral wealth, fisheries, and hydroelectric power fueled by heavy rainfall (3,638.5 mm). 

Meanwhile, UP’s agriculture relies on the Gangetic plains—sugarcane, wheat, potatoes—but climate crises, deforestation, and the pollution of the Yamuna and Ganga are deteriorating the state’s health. 

Karnataka’s unorganised labourers earn a minimum wage of ₹346, while UP’s is ₹383—seemingly higher, but Karnataka still holds an edge when factoring in living standards and inflation. 

According to an IT company director, "Bengaluru attracts 44 lakh workers from across India, while 1.23 crore people migrate out of UP in search of jobs—this isn’t just a statistic, it’s a 'brain drain' hollowing out the state’s social fabric."

Karnataka’s Congress-led ‘inclusive politics’ bridges urban educated classes and rural masses—though budget strains and economic disparities between districts remain concerns. 

While Karnataka strikes a balance between private sector growth and welfare policies, UP still struggles with basic infrastructure and human development indices.