Madhya Pradesh Budget Expected to Exceed Rs 4 Lakh Crore, Presentation on March 12
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Synopsis
The Madhya Pradesh government is preparing to present a budget for 2025-26 that may exceed Rs 4 lakh crore. Key highlights include provisions for underprivileged sectors and the upcoming Ujjain Simhastha Mahakumbh celebrations in 2028. The budget will be presented on March 12 during a contentious assembly session.
Key Takeaways
- The Madhya Pradesh budget may exceed Rs 4 lakh crore.
- Focus on provisions for underprivileged sectors.
- Ujjain Simhastha Mahakumbh scheduled for 2028.
- Assembly session begins on March 10.
- Heated opposition expected regarding corruption issues.
Bhopal, March 1 (NationPress) The government of Madhya Pradesh is set to present a significantly large budget for the fiscal year 2025-26, which is expected to exceed Rs 4 lakh crore. Key allocations are likely to focus on aiding underprivileged sectors and facilitating the grand festivities of the Ujjain Simhastha Mahakumbh, scheduled for 2028.
This major religious event, occurring every twelve years, draws millions of devotees, and substantial financial resources are projected to be earmarked to guarantee its smooth execution.
The budget is currently in its final preparation stages and is scheduled for presentation in the state assembly on March 12. This session is anticipated to be contentious, with the Opposition Congress gearing up to challenge the government regarding the recent raids conducted by various agencies, including the Enforcement Directorate, targeting properties associated with transport department constable Saurabh Sharma.
The Legislative Assembly session is set to begin on March 10, with Governor Mangubhai Patel commencing proceedings with his address. The state government will also present the Economic Survey on March 11, followed by the budget announcement from Finance Minister and Deputy Chief Minister Jagdish Devda on March 12. The second supplementary budget for 2024-25 will be introduced on March 11, with voting scheduled for March 17.
The budget session will feature nine sittings, a point of debate for Congress, which is advocating for additional meetings. This session, spanning from March 10 to March 24, will observe holidays for Holi from March 14 to 16, Rangpanchami on March 19, and the weekend of March 22 and 23.
As the assembly session kicks off, members are expected to pose a wide array of questions. The assembly has amassed a considerable total of 2,900 questions, with over 1,750 submitted online and roughly 1,150 offline. These inquiries span a diverse range of departments.
The stage is primed for a vigorous and potentially heated budget session, with the Opposition ready to scrutinize the government's choices and policies on various matters, particularly focusing on corruption.
