Madhya Pradesh’s economy is on a robust growth path, with estimates suggesting it will hit Rs 18.48 lakh crore by 2026-27, up from Rs 16.48 lakh crore in the previous fiscal year. The state budget for the upcoming financial year focuses on development, social security, and infrastructure expansion, totaling Rs 4,38,317 crore.
The government anticipates a revenue surplus of Rs 44 crore by the end of 2026-27, indicating both fiscal stability and ambitious growth objectives. To drive infrastructure projects, industrial activities, and rural development, a capital expenditure of Rs 80,266 crore, equivalent to 4.80% of the GSDP, has been proposed.
Significant budgetary increments have been allocated to various departments, including a 37% rise for the Rural Development Department, 16% for Urban Development and Housing, 26% for Women and Child Development, 43% for Revenue, and 11% for School Education. These allocations aim to enhance rural infrastructure, urban amenities, and social sector programs.
Agriculture and farmer welfare continue to be key priorities, with Rs 88,910 crore designated for agriculture and allied sectors. The state’s flagship Ladli Behna Yojana receives Rs 23,800 crore, emphasizing women’s empowerment. Additionally, provisions include funds for schemes like the VB-GRAM G Scheme, Chief Minister Kisan Kalyan Scheme, and National Health Mission.
Preparations for the upcoming Simhastha event will be supported with Rs 3,000 crore, while healthcare services receive Rs 23,747 crore. Schemes promoting social and economic upliftment are allocated Rs 1,83,708 crore, with specific percentages earmarked for Scheduled Tribes and Scheduled Castes.
New initiatives such as the Dwarka Scheme, SVAMITVA Scheme, and Yashoda Milk Supply Scheme aim to boost rural economies and animal husbandry, with allocated funds totaling Rs 9,500 crore. Revenue receipts are estimated at Rs 3,08,703 crore, and capital receipts at Rs 80,694 crore, reflecting a balanced approach to development and welfare in Madhya Pradesh.
