MP Budget: ₹4.38 Lakh Crore Boosts Industry, MSMEs, Exports; No New Taxes

Indore
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News18•19-02-2026, 07:23
MP Budget: ₹4.38 Lakh Crore Boosts Industry, MSMEs, Exports; No New Taxes
- •Madhya Pradesh Deputy CM Jagdish Deora presented a ₹4.38 lakh crore budget for FY 2026-27, focusing on 'Developed Madhya Pradesh'.
- •Special priority given to industry, MSME, and exports, with no new taxes imposed.
- •New industrial and IT parks to be developed on 19,000 acres to promote youth and small entrepreneurs.
- •50% subsidy on freight transport to ports (up to ₹40 lakh/unit annually) to boost exports and reduce logistics costs.
- •Financial assistance and interest subsidies for modern warehouses and cold storage chains for export-bound goods.
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