MP Budget: ₹4.38 Lakh Crore Boosts Industry, MSMEs, Exports; No New Taxes
Indore
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News1819-02-2026, 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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