Uttar Pradesh · State
Largest by population, improving fast on capex and ease-of-business; lower per-capita income and a thin own-revenue base keep it execution-dependent.
Point-in-time — grades are reviewed each cycle; every change publishes as a dated action. Snapshot 22 June 2026.
Sources: State finances — RBI Study of State BudgetsP · State grade & factor scores — Gravitywell opinionE
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