MP Budget 2026: Good news for teachers, farmers, children; know all about allocations

Bhopal: Madhya Pradesh Finance Minister Jagdish Deora presented a budget of ₹438,317 crore for the financial year 2026-27 in the state assembly on Wednesday. In his nearly one-and-a-half-hour-long budget speech, Deora described the budget as based on the GYANII (wise) theme, which includes G (poor welfare), Y (youth power), A (farmers who provide food), N (women power), and I (industrialization) and I (industry development). 

Deora presented the budget amid opposition interruptions and disruptions. Congress members raised concerns about the state's growing debt burden and raised slogans. The opposition also created a ruckus over the lack of an increase in the MLA fund.

Is there any new tax burden?

Regarding the key features of the budget, the state government has not imposed any new tax burden on the public. Furthermore, the Finance Minister announced the recruitment of 15,000 teachers and the provision of free tetra pack milk to children up to the eighth grade. He announced that 5,700 hostels will be built in the state for working women. The government has allocated ₹23,882 crore for the Ladli Behen (Children's Welfare Scheme), which provides financial assistance to over 12.5 million women by sending ₹1,500 to their accounts every month. The government has so far distributed ₹52,304 crore under this scheme, which began in 2023.

What about farmers?

Devda stated that a special provision of ₹3,600 crore has been made for the Simhastha Mahakumbh to be held in Ujjain in 2028. ₹40,062 crore was announced for Panchayat and Rural Development. Furthermore, ₹1,27,555 crore has been allocated for various women's welfare schemes, including self-help groups and the Ujjwala Yojana. He also announced that 1 lakh farmers will be provided with solar pumps. Additionally, ₹1,335 crore has been proposed for the Labor Department, ₹12,690 crore for road improvements, and ₹4,454 crore for the Jal Jeevan Mission.

Any increase in MBBS and Medical PG seats?

In the health sector, new district hospitals will be established in Maihar, Mauganj, and Pandhurna. 228 berth waiting rooms have been established in high-risk, remote areas. MBBS and postgraduate seats have also been increased in government medical colleges. The government stated that this budget is an important step towards making the state self-reliant and developed by integrating infrastructure expansion, industrialization, green development, and public welfare.

Any provision for G-Ram-G?

Finance Minister Deora announced a provision of ₹10,428 crore for the G-Ram-G Yojana (formerly MNREGA) and ₹900 crore for the PM Janman. The Finance Minister stated that for the first time, the budget has provided for an effective capital expenditure of over ₹1 lakh crore. Capital expenditure of ₹17,350 crore is expected through state public sector undertakings, bringing the total effective capital expenditure to over ₹1 lakh crore.

Any allocation for urban development?

According to the budget speech, total receipts for 2026-27 are estimated at ₹3,89,397 crore and total expenditures at ₹3,88,925 crore. Thus, net transactions are estimated at ₹472 crore. A provision of ₹34,65 crore is proposed for the energy sector in 2026-27, while ₹21,561 crore is allocated for urban development and ₹40,62 crore for panchayat and rural development.

What are cultural forests?

A provision of ₹6,151 crore is proposed for the forest and environment sector. Works worth ₹2,089 crore will be undertaken through CAMPA funds. New schemes such as "Samriddhivan - Forest Growth for People's Prosperity," "Agroforestry Scheme," and "Tribal Dev Lok Forest Conservation Scheme" have been proposed. In addition to the nine tiger reserves in the state, the Dr. Bhimrao Ambedkar Sanctuary in Sagar district and the Jahangarh Sanctuary in Sheopur district have been established. Cultural forests are also proposed to be established in Orchha, Dharamrajeshwar (Mandsaur), and Burhanpur.

What did Congress say?

The Congress said that the government is borrowing money and surviving on the rich. During the budget speech, Congress MLAs raised slogans against the lack of an increase in the MLA fund and stormed the sanctum sanctorum. They also said that the state's debt is continuously rising, while the government claims everything is fine. Leader of the Opposition Umang Singhar claimed that the government's borrowing of ₹5,600 crore even before the budget session indicates the state's growing debt burden. He alleged that the government is borrowing from public tax money and living off the rich, and is merely spreading illusions in the name of development.