Madhya Pradesh Finance Minister Jagdish Devda revealed a budget of Rs 4.38 lakh crore for the fiscal year 2026-27 in the state Assembly. The budget prioritizes welfare measures for women, farmers, and marginalized groups, with a focus on infrastructure, industry, and sustainable growth. Notably, the budget includes plans to recruit 15,000 teachers to enhance the education system and 22,500 personnel in the police department.
The ‘Ladli Behna’ Yojana, aimed at empowering women, received the largest allocation of Rs 23,882 crore. This initiative continues to provide direct financial aid to women, emphasizing gender empowerment and household economic stability. Additionally, in the agriculture sector, Devda announced the distribution of subsidized solar irrigation pumps to one lakh farmers to promote renewable energy, reduce electricity costs, and enhance productivity through eco-friendly practices.
Furthermore, the budget sets a target of Rs 25,000 crore for Kisan loans and emphasizes natural farming methods. Rural development is a key focus, with Rs 40,000 crore allocated for comprehensive rural infrastructure. The G Ram G scheme for Gram Panchayat development received Rs 10,428 crore, while Rs 9,000 crore was earmarked for the PM Janman scheme benefiting tribal and underprivileged communities.
Infrastructure investments are significant, with Rs 12,690 crore allocated for road repairs and connectivity improvements in rural and urban areas. Housing for all received Rs 6,850 crore under the PM Awas Yojana. Urban development was allocated over Rs 21,561 crore, with a specific allocation of Rs 3,600 crore for preparations related to the upcoming ‘Simhastha Mahaparva’ event.
