The budget estimate for the upcoming financial year is Rs 3 lakh 48 thousand 986 crore. A total revenue of Rs 2 lakh 52 thousand 268 crore will be received through share in central taxes, central assistance and other means. In this, there will be an income of Rs 96 thousand 553 crore from state tax.
An expenditure of Rs 2 lakh 51 thousand 825 crore has been estimated. Revenue surplus is estimated at Rs 442 crore in the year 2024-25. At the same time, the government will spend Rs 59 thousand 342 crore on infrastructure development in the coming financial year. This has been fixed at Rs 56 thousand crore in the year 2023-24.
An interim budget of Rs 1 lakh 45 thousand 229 crore has been proposed for April 1 to July 31, 2024. After it is passed by the Assembly, the Finance Department will release the budget to all the departments with the permission of the Governor.
Farmers: In the interim budget, the Mohan government has provided funds as per the requirement for the farmers to energy, animal husbandry, horticulture, cooperation, water resources, Narmada Valley and other departments. A provision of Rs 7,963 crore has been made for the Energy Department.
The Energy Department provides grants to power companies to provide cheap electricity through Atal Krishi Jyoti Yojana. Work is going on on many projects in the state to expand irrigation facilities. A provision of Rs 3,500 crore has been made in the Union Budget for the Ken Betwa Link Project. State Water Resources has kept the funds for this. Three thousand 74 crore rupees more to the department
One thousand 529 rupees have been allocated for Narmada Valley Development. Rs 443 crore will be given to the Cooperative Department to provide interest-free loans to farmers. Durgavati Shri Anna Yojana is being implemented to encourage the cultivation of coarse grains to increase the income of farmers while fulfilling the tax guarantee in Sankalp Patra 2023. In this, farmers will be given incentive amount per quintal.
Women- Women have been the priority of the government since the beginning. Be it Ladli Lakshmi Yojana or Chief Minister’s mass marriage (Kanyadan-Nikah) or food grant to women of Baiga, Bharia and Sahariya tribal groups or Ladli Brahmin Yojana, funds have been kept in the budget for all.
Women and Child Development Department will get Rs 9,438 crore for four months. Funds have also been earmarked for women in the budget of other departments including Health, Tribal Affairs, Scheduled Caste Welfare.
Through the Livelihood Mission, a provision has been made to provide loans to women self-help groups on the guarantee of the government. An amount has been earmarked for the Food Civil Supplies Department to provide cooking gas to the beloved sisters at Rs 450.
The government is working on many fronts simultaneously to bring the poor and economically weaker sections into the mainstream. While funds have been given to the Social Justice Department for social security pension, a target has been set to complete seven lakh houses in Pradhan Mantri Awas Gramin.
Funds are being given to the Labor Department to help the workers in the unorganized sector. Due to the efforts of the Central and State Government, 2 crore 30 lakh people of the state have come out of multidimensional poverty in nine years. It has been decided to expand the Pradhan Mantri Gram Sadak to bring the Scheduled Tribe families who have been left behind in the race of development into the mainstream through the Pradhan Mantri Jan Dhan Yojana. For this, funds have been given to the Panchayat and Rural Development Department in the supplementary and interim budget.
Youth- The government’s emphasis is on using youth power for the all-round development of the state. Provision has been made to approve bank loans and give interest subsidy through various schemes of the Central and State Government through Chief Minister Skill Upgradation Scheme, Sant Ravidas Self-Employment Scheme, Employment Day.
Four new Global Skill Parks are being set up. Jabalpur, Ujjain, Bhopal have been selected to start the Future Job Skills course. The government will provide incentives for participating in national or international level workshops to promote startups. For this, funds are being made available to the Micro, Small and Medium Enterprises Department.