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Madhya Pradesh Unveils ₹4 Lakh Crore Budget for FY27 With Key Welfare and Infrastructure Allocations

Written by: Akshay ShivalkarUpdated on: 18 Feb 2026, 10:27 pm IST
The Madhya Pradesh government presented a ₹4.38 lakh crore budget for FY27, outlining major allocations for welfare, infrastructure, and social schemes.
Madhya Pradesh Unveils ₹4 Lakh Crore Budget for FY27 With Key Welfare and Infrastructure Allocations
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Madhya Pradesh Finance Minister Jagdish Devda presented a ₹4,38,317 crore budget for 2026–27 in the state assembly on February 18, 2026. The budget was described by Chief Minister Mohan Yadav as historic and reflective of the state’s commitment to inclusive development.

He noted that the financial plan focuses on poverty alleviation and support for youth, women, farmers, and industrial growth. Key allocations were also directed toward infrastructure improvement and large‑scale cultural events.

Major Infrastructure and Public Works Allocations

The budget included a ₹900 crore provision for the repair of dilapidated bridges and culverts across the state. This allocation aims to improve road safety and enhance transport connectivity in both rural and urban regions.

Several ageing structures require urgent rehabilitation to support the uninterrupted movement of goods and people. The funds are expected to be utilised for assessment, reconstruction, and strengthening of critical public infrastructure.

Funding For Simhastha 2028 Festival

A large provision of ₹13,851 crore has been earmarked for the 2028 Simhastha festival. The festival, held once every 12 years, requires extensive preparation related to sanitation, mobility, security, and accommodation facilities.

The allocation will support infrastructure upgrades, crowd management systems, and development around event sites. The budget underscores the state’s intention to ensure smooth execution of the large‑scale religious gathering.

Welfare Schemes for Children and Women

The budget allocated ₹6,600 crore for providing milk with meals to schoolchildren over a period of 5 years. This provision aims to strengthen nutritional support for students and improve attendance in government schools.

Additionally, ₹24,000 crore has been assigned to the Chief Minister Ladli Behna Yojana. The scheme is focused on supporting women through direct financial assistance and welfare interventions. The allocation reflects the government’s emphasis on gender‑focused social initiatives.

Allocation For VB‑G‑RAM‑G Programme

A total of ₹28,000 crore has been set aside for the VB‑G‑RAM‑G initiative. The programme involves development activities aimed at strengthening governance and improving service delivery at the grassroots level.

The funds will be utilised for rural infrastructure, administrative reforms, and local‑level development projects. The initiative forms part of the state’s broader objective to modernise public systems and enhance outreach.

Read More: Cabinet Approves ₹1 Lakh Crore Urban Challenge Fund to Boost Market‑Led City Development.

Conclusion

The Madhya Pradesh budget for 2026–27 lays out significant allocations across welfare, infrastructure, and cultural development. Major provisions target children, women, and rural communities, reflecting a focus on inclusive growth.

Investments in public works and festival‑related infrastructure highlight the government’s long‑term planning priorities. The financial proposals will now proceed for legislative consideration and implementation across relevant departments.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 18, 2026, 4:51 PM IST

Akshay Shivalkar

Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.

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