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Finance Minister Of Madhya Pradesh Presented The Budget of Rs 2.79 Lakh For FY 2022-23

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MP govt presents Rs 2.79-trn tax-free budget

Finance Minister of Madhya Pradesh, Jagdish Devda presented the budget of Rs 2,79,237 crore for the financial year (FY) 2022-23. The budget focused on child welfare, education, infrastructure and health sectors.

i.With the budget, the state aimed at building an ‘Atma Nirbhar (self-reliant) Madhya Pradesh‘.

ii.The fiscal deficit is estimated to be Rs 52,511 crore, which is 4.56 per cent of the Gross State Domestic Product (GSDP).

Allocation of Budget (2022-23) For The Development:

i.Rs 42,128 crore allocated for the infrastructure sector covering power, roads and water, among other segments.

ii.Rs 41,038 crore allocated for urban and rural development (including Panchayat department).

iii.Rs 32,843 crore allocated for education.

iv.Rs 20,027 crore allocated for the agriculture sector.

v.Rs 19,405 crore allocated for health.

Flagship Schemes Of The Budget 2022-23:

i.Child Budget:

  • For the first time, the state government presented a ‘child budget‘ as part of the annual financial plan.
  • Rs 17,792 crore has been allotted for the ‘Child budget’.

ii.Ladli Laxmi Scheme:

  • The Ladli Laxmi Scheme is expanded to cover higher education too.
  • Previously (2006) the scheme laid the firm foundation for the future of girls, by improving their educational and economic status.

iii.Mukhyamantri Teerth Darshan Yojana:

  • Implementation of “Mukhyamantri Teerth Darshan Yojana”, a teerth yatra to the old people of the state who cannot go themselves due to financial crisis.

iv.Provision of Rs 6,300 crore has been proposed for the Rural and Urban Jal Jeevan Mission (JJM).

Other Schemes Of The Budget Of FY 2022-23:

i.22 new medical colleges to be set up in Sheopur, Rajgarh, Neemuch and in other districts.

ii.31 lakh beneficiaries to get the benefits of Pradhan Mantri Awas Yojana, ‘providing affordable houses to the urban poor’.  


  • Rs 3,908 crore allotted for “Samagra Shiksha Abhiyan” 
  • ‘Samagra Shiksha Abhiyan’ Provides quality education and enhances learning outcomes of students, bridging social and gender gaps in school education, ensuring equity at all levels.
  • Rs 1,157 crore allocated for the Chief Minister (CM) RISE scheme under which 360 schools have been selected in the first phase.

iv.Establishing solar plants in three districts – Sagar, Shajapur andUjjain.

v.A total of 217 electronic vehicle charging stations will be set up in just three districts of MP – Bhopal, Indore and Jabalpur. These stations will be based on the Public-Private Partnership model.

vi.Constructing 1,200-km-long roads under the Prime Minister Rural Road Scheme.

Recently Related News:

Government of India (GoI) approved Ken-Betwa Interlinking of Rivers Project:
GoI approved the funding and implementation of Ken-Betwa inter-linking of rivers project with an outlay of Rs 44,605 crore at 2020-21 price levels. It is the first project under the National Perspective Plan for interlinking of rivers. It will cover the states of Uttar Pradesh (UP) and Madhya Pradesh (MP).

About Madhya Pradesh:

Governor – Mangubhai Patel
Festival – Ujjain Kumbh Mela, Malwa Utsav
Dance Form – Jawar, Tertali