People centric Budget for self-reliant Madhya Pradesh; no new taxes proposed

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Bhopal: Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said that the State budget, characterized by a 42 percent increase in capital expenditure in the new fiscal year compared to the previous year, presented in the Vidhan Sabha on Tuesday 2 March 2021 will take the State on the path of progress. Madhya Pradesh will move rapidly towards the path of self-reliance.

Madhya Pradesh Finance Minister Jagdish Dewra presenting the Budget in Assembly

The 2021-22 budget, presented in the Assembly by Finance Minister Jagdish Dewra, proposes nine new missions for self-reliant Madhya Pradesh and provides for adequate amount for necessary facilities in basic areas.

The Chief Minister said the new Budget will to make life easier for citizens, will become a medium for ensuring the good of all as symbolised by the ancient saying in Sanskrit: ‘Sarve Bhavantu Sukhinah, Survey Santu Niramaya’.

The Chief Minister Shri Chouhan said:

Budget for the people

This budget is a special budget prepared with the important goal of creating a self-reliant Madhya Pradesh.

Work will be done in mission mode for the creation of self-dependent Madhya Pradesh, for which 9 new missions will be work for good governance, physical infrastructure, education and health, economy and employment in the four regions.

There is a provision for starting nine medical colleges in the budget.

Chief Minister Chouhan said that Madhya Pradesh’s budget presented today symbolises people’s aspirations and expectations. This budget is a reflection of the vision and mission of the government. This will ensure the interest of the common people are met by putting back the economy on track after the adverse circumstances of the Corona period.

Budget to create self-reliant Madhya Pradesh

The Chief Minister said that self-reliant Madhya Pradesh was a commitment made by the State government in September 2020 to fulfill the goal of Prime Minister Narendra Modi’s self-reliant India. Road map of self-reliant Madhya Pradesh was defined after inviting suggestions from the public. Infrastructure, health education, economy and employment were made the immediate priority. Keeping in focus these priorities, the budget has been prepared and it has a long-term perspective.

9 new missions will work in mission mode

Chief Minister Chouhan said that there are four major pillars of self-reliant Madhya Pradesh. Under this, there will be nine new missions. Mission for building infra, Mission Gramodaya and Mission Nagarodaya will be started under the physical infrastructure plan. Mission Niramya and Mission Bodhi will be started under Education and Health. Mission Earth, Mission Daksha and Mission Self-Reliance will be started under Economy and Employment. Apart from this, a mission will also be started under the self-reliant Madhya Pradesh roadmap, an important pillar, called Mission Jana-gana. The government will work day and night in mission mode to achieve the goals of building self-reliant Madhya Pradesh.

Budget for infrastructure development, education, health and agriculture

The Chief Minister said that a provision of Rs 44,152 crore has been made for irrigation sector for infrastructure development. An amount of Rs 40,958 crore will be spent on education and related areas. The provision for agriculture is Rs 35, 353 crore, Rs 15, 622 crore for health and related areas, Rs 11,950 crore for poor welfare, Rs 11,136 crore for children, students and youth and Rs 10,000 cr for women.

Major Budget Features

Chief Minister Chouhan said that there is 22 percent more amount in the budget of Madhya Pradesh than last year. In the year 2021-22, the GSDP of Madhya Pradesh can reach beyond 10 lakh crore rupees, which would be a record. The fiscal deficit is 4.5 percent of the state’s gross domestic product. There is a target to reduce it further to 3 percent in the next three years. The revenue deficit is 0.73 percent of the state’s gross domestic product. It is also targeted to change from deficit to excess in the next 3 years. Due to the corrective steps taken by the government in the last 11 months, additional financial resources of Rs 19, 353 crore are being received from the Government of India. No new tax is proposed in the budget nor has any tax rate been increased.

Chief Minister Shri Chouhan said in every village panchayat, one ration shop will be opened and one third shops will be operated by women. Women police stations will be started in every district. Under the Ladli Laxmi Yojana in the budget, the provision of a total amount of more than 10, 000 crores for women, including the provision of more than Rs 900 crores, is a reflection of the state government’s goal of women welfare.

Focus on poor welfare and public welfare

The Chief Minister said that there are appropriate provisions in the budget for the welfare of the poor and welfare of the common man. Beneficiaries will be benefited under Sambal scheme. A provision of Rs 600 crore has been made for this scheme. Rs 3,200 crore under Mukhyamantri Kisan Kalyan Yojana, Rs 602 crore under Mukhyamantri Gram Sadak Yojana, Rs 1,500 crore for CM Rise School, Rs 400 crore in Annapurna Yojana, water-to-house works under the Jal-Jeevan Mission 5,762 crores for, Rs. 3,035 crores for National Health Mission, Rs. 922 crores under Ladli Laxmi Yojana, Rs. 4,592 crores in Atal Krishi Jyoti Yojana, Rs. 300 crores for establishment of new medical college, 400 for improvement in higher education. Crore, Rs 2,500 crore for Pradhan Mantri Awas Yojana, Rs 5,739 crore for road, bridge construction, Rs 397 crore for vocational skills training.

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