Madhya Pradesh Chief Minister Mohan Yadav lauded the Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, as a significant step towards achieving the vision of a developed India by 2047. He highlighted the budget’s role in boosting economic progress, meeting the needs of the common people, and promoting inclusive development through the ethos of ‘Sabka Saath, Sabka Vikas’.
Yadav emphasized the budget’s special attention to marginalized groups such as the poor, youth, farmers, and women. He mentioned that the budget’s provisions aim to enhance India’s global economic status and receive recognition for their forward-looking strategies. The Chief Minister also pointed out various initiatives in the budget that will benefit Madhya Pradesh, including allocations for urban development in cities with over five lakh residents and the establishment of urban economic zones.
The budget’s focus on improving pilgrimage sites in smaller cities, setting up women’s hostels in every district, and upgrading district hospitals is expected to significantly boost the state’s infrastructure and social welfare sector. Yadav specifically praised the reforms in the textile sector, highlighting the establishment of the PM MITRA Park in Dhar as a key initiative that will create employment opportunities for a large number of people and support farmers, leading to industrial growth in the region.
Yadav welcomed the simplification of income tax processes for small taxpayers, the fiscal deficit target of 4.3% of GDP, and the allocation of Rs 1,40,000 crore for states, which will further strengthen Madhya Pradesh’s financial position. He also commended the budget’s efforts to position India as a biopharma hub, enhance clinical trial sites, prioritize elderly care, reduce medicine costs for critical illnesses, and promote manufacturing through research and AI adoption.
Provisions for trained guides at tourist sites, the opening of archaeologically protected sites to showcase India’s heritage, and tax relief for foreign tourists are expected to boost tourism and create employment opportunities. Yadav extended congratulations to Prime Minister Modi and Finance Minister Sitharaman on behalf of the people of Madhya Pradesh, stating that the budget reflects inclusive and visionary governance for national progress.
