Bhopal, Feb 17 (NationPress) The government of Madhya Pradesh unveiled its third supplementary budget for the fiscal year 2025-26 during a session in the State Assembly, allocating an additional Rs 19,287.32 crore to address pressing needs and bolster vital sectors.

The Deputy Chief Minister and Finance Minister Jagdish Devda presented these Third Supplementary Estimates, which comprise Rs 8,934.03 crore in revenue allocations and Rs 10,353.29 crore in capital expenditures.

A notable funding of Rs 4,700 crore has been earmarked for the Narmada Valley Development Department to support various irrigation initiatives and projects, highlighting the government's commitment to improving agricultural infrastructure and ensuring water security.

The Energy Department is allocated Rs 2,630 crore for short-term loans to state power companies, aiming to maintain a steady electricity supply and operational efficiency.

In urban development, the Department of Urban Development and Housing receives Rs 1,569 crore as grants to local bodies, based on the 15th Finance Commission recommendations, including Rs 248 crore for million-plus cities and Rs 370 crore for short-term loans to departmental institutions.

The Public Works Department is granted Rs 1,337 crore each for land acquisition compensation and rural as well as district roads, in addition to Rs 225 crore for bridge construction and upgrades, and Rs 125 crore specifically for larger bridges.

The Labour Department has received Rs 615 crore for the Chief Minister's People's Welfare Sambal Scheme, which focuses on aiding vulnerable communities. Under Technical Education, Skill Development, and Employment, Rs 600 crore is allocated 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 will receive Rs 1,250 crore for the Investment Promotion Scheme to attract industries and stimulate economic growth.

Other significant allocations include Rs 1,650 crore under the Finance Department for managing market loans, Rs 1,388 crore under Commercial Tax for fund transfers, Rs 321 crore and Rs 140 crore for the District Mining Fund and Mineral Surcharge Transfer Scheme respectively, and Rs 300 crore each for dams and related works under Water Resources and for the Jal Jeevan Mission and National Water Resources Mission within Public Health Engineering.

Smaller but targeted allocations include Rs 100 crore each for the Chief Minister's Discretionary Grant under General Administration and for the National Disaster Mitigation Fund under the Revenue Department, Rs 161 crore for interest payments on the Compensatory Afforestation Fund under the Forest Department, Rs 605 crore for grants against stamp duty collection under the Panchayat Department, and Rs 213 crore under Micro, Small and Medium Enterprises for incentives and business investment promotion schemes.

This supplementary budget demonstrates the government's commitment to balanced development across agriculture, energy, urban infrastructure, education, welfare, and industry while addressing fiscal responsibilities and disaster preparedness.

The announcement comes during the ongoing budget session, which also included the presentation of the Economic Survey and will continue with discussions on the annual budget for 2026-27.