State Assembly Approves ₹19.3 Billion Supplementary Budget for Madhya Pradesh

State Assembly Approves ₹19.3 Billion Supplementary Budget for Madhya Pradesh.webp

Bhopal, February 17 – The Madhya Pradesh government presented the third supplementary budget for the 2025-26 fiscal year in the State Assembly on Tuesday, allocating an additional ₹19,287.32 crore to meet emerging needs and strengthen key sectors.

Deputy Chief Minister and Finance Minister Jagdish Devda tabled the Third Supplementary Estimates, which include ₹8,934.03 crore in revenue provisions and ₹10,353.29 crore in capital provisions.

A significant allocation of ₹4,700 crore has been made under the Narmada Valley Development Department for various irrigation schemes and projects, highlighting the government's priority on enhancing agricultural infrastructure and water security.

The Energy Department receives ₹2,630 crore for short-term loans to state power companies to ensure uninterrupted electricity supply and operational stability.

In urban development, the Department of Urban Development and Housing has been provided ₹1,569 crore as grants to local bodies based on the recommendations of the 15th Finance Commission, along with ₹248 crore for cities with a population of over a million and ₹370 crore for short-term loans to departmental institutions.

The Public Works Department receives ₹1,337 crore each for land acquisition compensation and for rural roads and other district roads, besides ₹225 crore for bridge construction and upgradation and ₹125 crore specifically for large bridges.

The Labour Department has been allocated ₹615 crore for the Chief Minister's People's Welfare Scheme, aimed at supporting vulnerable sections. Under Technical Education, Skill Development and Employment, ₹600 crore is earmarked for the Chief Minister's Meritorious Students Scheme and ₹120 crore for the Shiksha Sahayak Scheme.

The Department of Industrial Policy and Investment Promotion receives ₹1,250 crore for the Investment Promotion Scheme to attract industries and boost economic growth.

Other notable provisions include ₹1,650 crore under the Finance Department for managing old and new market loans, ₹1,388 crore under Commercial Tax for transfers among various funds, ₹321 crore and ₹140 crore under the Minerals Department for the District Mining Fund and Mineral Surcharge Transfer Scheme respectively, and ₹300 crore each under Water Resources for dams and related works and under Public Health Engineering for the Jal Jeevan Mission and National Water Resources Mission.

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

This supplementary budget reflects the government's focus on balanced development across agriculture, energy, urban infrastructure, education, welfare, and industry while addressing fiscal obligations and disaster preparedness.

This move comes during the ongoing budget session, which also saw the presentation of the Economic Survey and is set to continue with debates on the annual budget for 2026-27.
 
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15th finance commission chief minister's people's welfare scheme energy department fiscal year 2025-26 irrigation schemes labour department land acquisition local bodies madhya pradesh government narmada valley development department public works department rural roads state assembly state power companies supplementary budget urban development
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