Bhopal: The Madhya Pradesh government will present e-budget, a paperless document, this year for the first time in the state assembly on March 1. MLAs will not get hard copies of the budget, instead will be given tabs to read the proposals and department schemes. In 2019, pen-drives were given to MLAs along with the budget copies.
The preparation for the state budget is almost complete and officials are busy giving it the final shape. Officials said that the e-budget would be presented in the House, but for regular reference throughout the year, books of the departmental budget will also be published.
The state budget this year was likely to be of around Rs 3 lakh crore, while the last year’s budget was over Rs 2.79 lakh crore. Officials said it is likely to go up by ten percent. Being an election year, the budget would have announcements for women and farmers. Another area that would be in focus of the state government would be capital expenditure on the lines of the Union budget.
The CM had on February 6 said that more than Rs 48,000 crore will be spent on infrastructure development, while speaking at a presentation given by experts on the Union Budget 2023-24 for the state budget. A sum of around Rs 44,000 crore was kept under this head in the last budget.
Similarly, the government had announced Ladli Bahna Yojana on February 3. In the scheme, Rs 12,000 crore will be spent every year and Rs 60,000 crore in 5 years. Allocation for the scheme would be made in the budget as it would be a major new scheme this year.
To give relief to famers, the state government is likely to give interest-free loans. Announcements for farmers will be made in the budget. The government of India has given priority to fisheries and the state budget is likely to keep that in mind while spelling out the proposals in House.
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