MP Assembly passes ₹13,474 Cr budget; CM Yadav: Development accelerated, debt for capital.

bhopal
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News18•05-12-2025, 21:03
MP Assembly passes ₹13,474 Cr budget; CM Yadav: Development accelerated, debt for capital.
- •Madhya Pradesh Assembly passed a second supplementary budget of ₹13,474 crore to accelerate capital and social projects.
- •CM Mohan Yadav stated the government is committed to development and rejected opposition claims of increased debt and stalled projects.
- •The opposition accused the government of increasing state debt by 130% and criticized the blacklisting of contractors for projects like the Jal Jeevan Mission.
- •Finance Minister Jagdish Devda affirmed the budget is entirely focused on capital expenditure and welfare schemes, not for salaries.
- •The supplementary budget includes provisions for Pradhan Mantri Awas Yojana (₹4,000 crore) and Ladli Behna Yojana.
Why It Matters: MP's supplementary budget aims for development but sparks debate over state debt.
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