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Union Budget 2026 Allocates ₹1,450 Crore for Lucknow Metro Phase II Expansion, Boosting Urban Infrastructure Development

Agency Source: Latest News: Read Latest News Live, India's Latest News Today | Hindustan Times Bureau Release: February 1, 2026 | 22:16 IST
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In a strategic move to enhance urban mobility and infrastructure, the Union Budget 2026 has sanctioned ₹1,450 crore for the Lucknow Metro Phase II project, signaling a significant commitment to regional development. This allocation supports the Phase-1B corridor, spanning 11.16 kilometers from Charbagh to Basant Kunj, with an overall estimated cost of ₹5,801 crore. Approved by the Union Cabinet under Prime Minister Narendra Modi's leadership on August 12, 2025, the project is poised to transform Lucknow's transit landscape. The corridor will feature 12 stations, comprising seven underground and five elevated structures, optimizing connectivity and reducing congestion. This investment aligns with broader national goals of sustainable urbanization and economic growth, reflecting a proactive approach to addressing urban challenges. The funding underscores the government's focus on leveraging public transport to drive socio-economic progress, with potential ripple effects on local employment and real estate. As implementation progresses, stakeholders anticipate enhanced efficiency and environmental benefits, reinforcing Lucknow's position as a key metropolitan hub in Northern India.

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