Madhya pradesh budget 2019-20

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Madhya pradesh budget 2019-20

Budget estimations 2019-20

Fiscal Deficit

Fiscal Deficit in 2019-20 is estimated at 3.34 percent of GDP.

GDP

The growth rate of Madhya Pradesh’s GDP (at current prices) has decreased from 12.8% in 2015-16 to 12.2% in 2017-18.

Revenue deficit

The budget estimates a revenue surplus of Rs 733 crore (or 0.08% of GDP) in 2019-20.  This is 433.6% higher than the revised estimates of 2018-19.  This implies that revenue receipts are expected to be higher than the revenue expenditure, resulting in a surplus.

Important policy announcements in budget 2019-20

Mukhyamantri Bagwani Evam Khadya Sanskaran Yojana: Rs 100 crore has been allocated to promote horticulture and food processing industries in budget 2019-20.

Indira Griha Jyoti Yojana: Domestic electricity consumers will pay a monthly bill of Rs 100 for up to 100 units of consumption. Rs 2,400 crore has been allocated under this scheme in 2019-20.

River rejuvenation programme

Programme has been announced for holistic water management through rain water harvesting and groundwater recharge. In the first phase of the programme, 40 rivers have been selected from 36 districts.

Budget allocations for different sectors

Urban Development and Housing

  • Provision of 15,665 crore for schemes of Urban Development and Housing Department.

 

 

  • Provision of 4,200 crore for Housing for All under Urban Development & Housing Department
  • Provision of 2,000 crores for Atal Mission for Reservation and Urban Transformation.

Agriculture and Allied Sectors

  • Provision of 46,559 crore for Agriculture Budget.
  • Provision of 8,000 crore for ‘Jai Kissan Fasal Rin Mafi Yojana’ under Farmer Welfare and Agriculture development department.
  • Provision of 7,117 crore for Indira Kisaan Jyoti Yojana, agricultural pumps/threshers and one bulb connection.
  • Provision of 2,201 crore for Pradhanmantri Fasan Bima Yojana.
  • Provision of 2,720 crore for Krashak Samradhee Yojana and Bhavantar/Flat rate Yojana.

Panchayat and Rural Development

  • Provision of 17,186 crore for schemes of Rural Development Department.
  • Provision of 6,600 crores for the Prime Minister’s Housing Scheme under Rural Development Department
  • Provision of 2,500 crore for National Rural Employment Guarantee Scheme.
  • Provision of 2,500 crore for Pradhan Mantri Gram Sadak Yojana
  • Provision of 1,400 crore for Mukhya Mantri Gram Sadak Yojana (External funded).
  • Provision of 1,101 crore for midday meal program
  • Provision of 514 crore for the upgradation and renewal of roads constructed under Prime Minister road planning.
  • Provision of 200 crore for State Rural Road Connectivity.

 

 

 

Narmada Valley Development

  • Provision of 3,322 crore for schemes of Narmada Valley Development Department.
  • Provision of 450 crore for Narmada (ISP) Parvati link project under Narmada Valley Development Department.
  • 350 crore provision for Narmada-Kshrapra link multipurpose project.

Tribal Welfare

  • Provision of 7,492 crore for schemes of Tribal Welfare Department.
  • Provision of 578 crore for Article 275 (1) of various development works in Tribal Sub-sector.
  • 550 crore provision for specific residential institutions
  • 320 crore provision for senior hostel
  • Provision of 300 crore for 11th, 12th and college scholarships
  • Provision of 200 crore for PVTG Diet Grant Scheme.

Women and Child Welfare

  • Provision of 5,292 crore for schemes Women and Child Welfare Department.
  • Provision of 1,517 crore for special nutrition plan for Minimum requirement program under Women and Child Development Department.
  • Provision of 1,179 crore for Anganwadi services 922 crore for Ladli Laxmi Yojana
  • Provision of 870 crore for additional honorarium to Anganwadi workers and assistants.
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