- First Budget (2024-25): ₹3,65,067 crore
- Second Budget (2025-26): ₹4,21,032 crore
- Third Budget (2026-27): Towards growth-oriented expansion
It is clear that the size of the budget has increased every year, reflecting the increasing focus on capital expenditure and infrastructure investment. Last year’s budget session ran from March 10 to March 24, while this time the government has presented the budget with extensive preparation ahead of time.
Evolved MP 2047: Vision or Roadmap?
The BJP government has set a target of taking the state’s economy to $2 trillion by 2047. For this, a strategy of balanced investment in agriculture, energy, industry and service sectors is being adopted. According to economic analysts, if capital expenditure, agricultural productivity and investment proposals are implemented within the stipulated time frame, the growth rate of Madhya Pradesh can remain above the national average.
The government has described MP Budget 2026 as based on the triangle of development, energy self-reliance and employment generation. 1 lakh solar pumps, direct assistance to farmers and opportunities for youth—all these announcements will depend on ground implementation. Now all eyes will be on how quickly the budget announcements materialize and whether Madhya Pradesh is actually able to take concrete steps towards the goal of becoming a developed state by 2047.