Madhya Pradesh's Historic Budget 2024-25: A Mixed Bag of Praise and Criticism

The Budget 2024-25, revealed by Madhya Pradesh's Chief Minister Mohan Yadav, is the largest in the state's fiscal history. While praised for industry allocations and infrastructure emphasis, it faces criticism for unmet poll promises and ongoing Mandi fee. The budget focuses on growth aligned with PM Narendra Modi's vision.


PTI | Bhopal | Updated: 03-07-2024 21:32 IST | Created: 03-07-2024 21:32 IST
Madhya Pradesh's Historic Budget 2024-25: A Mixed Bag of Praise and Criticism
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The Budget 2024-25 of Madhya Pradesh, unveiled by Chief Minister Mohan Yadav, is reportedly the largest in the state's fiscal history. While the budget garnered praise for its substantial allocations to industrial development, it drew criticism from Congress for unmet election promises.

Industry leaders appreciated the increased funding but expressed disappointment over the continued imposition of the Mandi fee. State finance minister Jagdish Devda presented the budget with an outlay of Rs 3.65 lakh crore, focusing on infrastructure, women, and tribals without introducing new taxes.

Opposition leader Umang Singhar criticized the budget for not fulfilling promises like increasing the MSP for wheat and paddy and enhancing the Ladli Behna Scheme amount. Economist Jayantilal Bhandari noted that while the budget aims for growth, the high fiscal deficit raises concerns.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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