The Madhya Pradesh government introduced the third supplementary budget for the financial year 2025-26 in the State Assembly, allocating Rs 19,287.32 crore for emerging needs and bolstering key sectors. Deputy Chief Minister and Finance Minister Jagdish Devda tabled the Third Supplementary Estimates, comprising Rs 8,934.03 crore in revenue provisions and Rs 10,353.29 crore in capital provisions. Notably, Rs 4,700 crore has been earmarked for the Narmada Valley Development Department to support irrigation schemes and projects, emphasizing agricultural infrastructure and water security.
The Energy Department is set to receive Rs 2,630 crore for short-term loans to state power companies, ensuring uninterrupted electricity supply and operational stability. In urban development, the Department of Urban Development and Housing has been allocated Rs 1,569 crore as grants to local bodies based on the 15th Finance Commission’s recommendations, along with Rs 248 crore for million-plus cities and Rs 370 crore for short-term loans to departmental institutions. Public Works Department’s allocations include Rs 1,337 crore each for land acquisition compensation and rural roads, Rs 225 crore for bridge construction, and Rs 125 crore for large bridges.
The Labour Department is granted Rs 615 crore for the Chief Minister’s People’s Welfare Sambal Scheme, focusing on aiding vulnerable sections. Under Technical Education, Skill Development, and Employment, Rs 600 crore is set aside for the Chief Minister’s Meritorious Students Scheme and Rs 120 crore for the Shiksha Sahayak Scheme. The Department of Industrial Policy and Investment Promotion receives Rs 1,250 crore for the Investment Promotion Scheme to attract industries and stimulate economic growth. Various other provisions cover different departments, emphasizing fiscal management, disaster preparedness, and sector-specific development initiatives.
This supplementary budget underscores the government’s commitment to balanced development in agriculture, energy, urban infrastructure, education, welfare, and industry, while fulfilling fiscal responsibilities and disaster readiness. The budget presentation coincides with the ongoing budget session, featuring the Economic Survey and discussions on the upcoming annual budget for 2026-27.
