Madhya Pradesh projects revenue surplus for FY25. Budget focuses on women, culture, industry & infra

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Bhopal:With a renewed focus on women empowerment, culture, cow welfare, industrial promotion and infrastructural development under the leadership of Chief Minister Mohan Yadav, Madhya Pradesh Finance Minister Jagdish Devda presented a budget of Rs 3,65,067 crore for FY 2024-25 an increase of 16 percent from previous fiscals budget of Rs 3,14,025 crore...

Revenue receipts are estimated to stand at Rs 2,63,344 crore 18 percent higher than last years budget estimate of Rs 2,25,709 crore, and about 14 percent higher than the receipts according to revised estimates for 2023-24...

The governments total earnings, including both revenue and capital receipts, are expected to stand at Rs 3,30,193 crore, which is 17 percent higher than last years earnings of Rs 2,81,660 crore...

The Madhya Pradesh government is estimating an increase of 18 percent in state tax collection for this year at Rs 1,02,097 crore, as opposed to Rs 86,500 crore in 2023-24..

The governments flagship scheme, Ladli Behna Yojana, which was touted as a game changer for the Bharatiya Janata Party in the Madhya Pradesh assembly elections last year, helping them overcome anti-incumbency and return to power for a fourth term, has been allocated Rs 18,984 crore...