Madhya Pradesh Budget 2026-27 was presented with a massive outlay of ₹4,38,317 crore by Finance Minister Jagdish Devda in the Madhya Pradesh Assembly on February 18, 2026. The women-centric budget focuses on welfare schemes, rural development, youth employment and infrastructure while imposing no new taxes. The Mohan Yadav government’s third consecutive budget also announced ₹3,600 crore for the Simhastha Kumbh 2028 in Ujjain. However, the Opposition raised concerns over rising state debt during the session.
MP Budget 2026-27: ₹4.38 Trillion Women-Centric Vision
- MP Budget 2026-27 has been framed under the “GYANII” model – Garib Kalyan, Yuva Shakti, Annadata, Nari Shakti, Infrastructure and Industry.
- Finance Minister Jagdish Devda said nearly ₹3 trillion has been allocated across these priority sectors.
- A major highlight of the Madhya Pradesh Budget 2026 is its strong push for women empowerment.
- About ₹1,27,555 crore has been earmarked for women welfare schemes.
- The government also announced construction of 5,700 working women hostels, reinforcing its women-centric development approach.
Ladli Behna Yojana and Women Welfare in MP Budget 2026-27
- MP Budget 2026-27 continues strong support for the Ladli Behna Yojana, with ₹23,883 crore allocated for the scheme.
- Over 1.25 crore women currently receive ₹1,500 per month under this programme.
- Since its launch in 2023, the state has disbursed ₹52,304 crore.
- The Madhya Pradesh Budget 2026 also supports self-help groups and Ujjwala Yojana beneficiaries.
- The focus on women financial assistance reflects the government’s aim of ensuring economic independence and social security for women across rural and urban areas.
Simhastha Kumbh 2028 and Religious Tourism Push
- MP Budget 2026-27 sets aside ₹3,600 crore for the Simhastha Kumbh 2028 to be held in Ujjain.
- This mega religious event is expected to attract millions of pilgrims and boost tourism, trade and infrastructure.
- The allocation aims to improve roads, sanitation, crowd management, and civic facilities.
- By investing in religious tourism, the Madhya Pradesh Budget 2026 seeks to generate employment and local economic activity.
- The Simhastha Kumbh is considered one of the largest spiritual gatherings in India.
Rural Development, Jobs and Solar Push
- MP Budget 2026-27 allocates ₹40,062 crore to the Panchayat and Rural Development Department.
- An amount of ₹10,428 crore has been earmarked for the rural employment scheme G RAM G, while ₹900 crore is allocated to PM Janman for Particularly Vulnerable Tribal Groups.
- The government announced recruitment of 15,000 teachers and free milk in tetra packs for students up to Class 8 in government schools.
- Additionally, 1 lakh farmers will receive solar pumps, supporting renewable energy and reducing agricultural costs.
Infrastructure, Water and No New Taxes
- MP Budget 2026-27 proposes ₹12,690 crore for road repairs and ₹4,454 crore for Jal Jeevan Mission to ensure rural water supply.
- The Labour Department gets ₹1,335 crore allocation. Importantly, Finance Minister Jagdish Devda announced that no new taxes would be imposed.
- However, Opposition leaders questioned the rising debt burden, alleging borrowing of ₹5,600 crore even before the budget session.
- The government stated that the budget aligns with Prime Minister Narendra Modi’s Viksit Bharat vision.
Facts About Madhya Pradesh
- Governor: Mangubhai Patel
- Chief Minister: Mohan Yadav
- Finance Minister: Jagdish Devda
- Capital: Bhopal
- Major Cities: Indore, Gwalior, Ujjain, Bhopal, Jabalpur
Question
Q. What is the total outlay of MP Budget 2026-27?
A) ₹3.5 lakh crore
B) ₹4.38 lakh crore
C) ₹5 lakh crore
D) ₹2.8 lakh crore