Business News Desk, The Madhya Pradesh government on Wednesday presented a budget of Rs 3.14 lakh crore for the financial year 2023-24. The ruling BJP government in the state has made a provision of eight thousand crores in the budget for ‘Mukhyamantri Ladli Bahna Yojana’. Assembly elections are going to be held in the state at the end of this year. In view of this, this announcement is being considered important.
On the other hand, the opposition Congress walked out of the assembly on the issue of hike in LPG cylinder (LPG) prices. State Finance Minister Jagdish Deora did not announce any new tax in the budget presented in the assembly. He called it the “people’s budget”. According to a government official, the Ladli Bahna scheme will be implemented in the state from March 5. Under this scheme, women who do not pay income tax will be given assistance of Rs 1,000 per month.
Deora said that in the budget Rs 36,950.16 crore for Scheduled Tribes (Sub Plan), Rs 2,60,86.81 crore for Scheduled Castes (Sub Plan), Rs 11,406 crore for setting up government primary schools, Rs 6,728 for secondary schools Crore and a provision of Rs 7,332 crore has been made under the National Rural Drinking Water Mission.
He said that apart from this, according to the 15th Finance Commission, there is a provision of Rs 6,935 crore for assistance on making required reforms. Deora presented the state budget amidst uproar and walkout by opposition Congress members over the hike in LPG cylinder prices. He said, “The amount of total appropriation is Rs 3,14,024.84 crore, which is 13 percent more than the previous year and the total net expenditure is Rs 2,81,553.62 crore.”
Atmanirbhar Madhya Pradesh
The minister said that keeping in mind the self-reliant Madhya Pradesh, various schemes have been prepared in the form of missions in the budget. Describing it as the public’s budget, he said that in preparing the budget, an effort has been made to include the suggestions of the public through various mediums. He said that the revenue surplus in the budget is Rs 412.76 crore and the fiscal deficit is estimated to be 4.02 percent of the gross state domestic product.