The recently presented Union Budget for 2026-2027 by Finance Minister Nirmala Sitharaman in Parliament has sparked varied responses from political parties in Madhya Pradesh. While the Opposition Congress criticized the budget as being corporate-focused, the Bharatiya Janata Party (BJP) hailed it as a step towards a developed India.
State BJP Chief Hemant Khandelwal praised the budget for boosting the service sector and enhancing electronics manufacturing through increased incentives. He highlighted the allocation of Rs 10,000 crore for the MSME Growth Fund as a significant move for industry growth and job creation.
Additionally, Khandelwal commended the ‘Bio-Pharma Shakti’ scheme aimed at establishing India as a global bio-pharma manufacturing hub with a substantial outlay of Rs 10,000 crore over the next five years. He emphasized that these initiatives would strengthen the domestic production of biologics and biosimilars.
The BJP plans to launch a 15-day state-wide campaign to promote the Union Budget’s benefits to the public, with leaders and ministers engaging with both urban and rural communities. On the other hand, the Congress in Madhya Pradesh criticized the budget for allegedly neglecting the interests of laborers, farmers, and unemployed youth.
Leader of the Opposition (LoP) Umang Singhar expressed disappointment over the budget, stating that it lacked relief measures for the middle class and ordinary taxpayers. Singhar also raised concerns about the budget not addressing the needs of tribal communities and migrants, accusing the BJP government of prioritizing corporate interests over those of the common people.
State Congress President Jitu Patwari, during a visit to Rewa district, criticized the BJP government for not fulfilling its promises made over a decade ago regarding education, health, employment, and rural and urban development.
