MP News: The government of Madhya Pradesh has presented a ₹4.38 lakh crore budget for the financial year 2026–27, outlining an ambitious roadmap focused on welfare schemes, infrastructure expansion, agriculture, and inclusive development. The budget was tabled in the Assembly by Finance Minister Jagdish Devda.
MP News: No New Taxes, Revenue Surplus Target
The government announced that no new taxes will be imposed, while maintaining a revenue-surplus position. Officials stated that fiscal discipline and improved revenue management enabled higher allocations without additional tax burden.
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Welfare Focus on Women, Farmers, Youth
A major portion of spending has been directed toward social welfare. Over ₹1.27 lakh crore has been earmarked for women-centric schemes, including expansion of the Ladli Behna assistance programme and support infrastructure such as working women’s hostels.
The state has also declared 2026 as the “Year of Farmers’ Welfare,” with large allocations for agriculture, irrigation support, solar pump subsidies, and rural livelihoods.
Infrastructure and Urban Development Push
Capital expenditure has been significantly increased, with more than ₹1 lakh crore allocated for roads, connectivity, urban transport, housing, and municipal services. Plans include expansion of urban transport systems, green mobility initiatives, and large-scale housing projects.
Social Sector and Nutrition Initiatives
New measures include nutrition programmes for schoolchildren, healthcare infrastructure expansion through public-private partnerships, and investments in education facilities.
Political Reactions
The ruling Bharatiya Janata Party described the budget as development-oriented and inclusive, highlighting its focus on rural growth and social security. Meanwhile, the opposition Indian National Congress criticised it, alleging that it masks concerns related to state debt and fiscal deficit.
Long-Term Planning Approach
The budget introduces a rolling financial planning approach designed to ensure continuity of major projects and long-term economic growth, signalling the state’s intention to balance welfare spending with infrastructure-led development.
Overall, the budget positions the state’s policy direction around social welfare expansion, agricultural support, and accelerated infrastructure investment while attempting to maintain fiscal stability.
