Madhya Pradesh Economy

Madhya pradesh budget 2019-20

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 ... Read more

Health programs, policies and infrastructure of Madhya Pradesh

Health programs, policies and infrastructure of Madhya Pradesh Public private partnership for health infrastructure Although the government employs qualified health care practitioners and in many rural areas, the government staff is the only source of qualified health care, the less than qualified providers (non registered practitioners) predominate in rural areas and this trend is also increasing in some urban and semi-urban areas. On an average, 70% of the first contacts for health care take place in private sector and private sector is the predominant provider of curative health care. Rich and poor often use private health care; poor often using ... Read more

Madhya Pradesh Economy Updated Data- Must for MPPSC Prelims and Mains Exam

Madhya pradesh economic updates Gross State Domestic Product The Gross State Domestic Product of Madhya Pradesh for 2018-19 (at current prices) is estimated to be Rs 8,26,106 This is 19.7% higher than the revised estimate for 2017-18.  Note that the GSDP in 2017-18 is expected to be 6% lower than what was estimated at the budget stage. Economic growth rate trends The Gross State Domestic Product (GSDP) of Madhya Pradesh increased from 5.4% in 2014-15 to 12.2% in 2016-17. Growth in agriculture increased from 3.7% in 2014-15 to 20.4% in 2016-17.  Services sector witnessed a decline from 12.5% in 2015-16 ... Read more

Madhya Pradesh Economic Survey and Current updates must for prelims and mains exams

Madhya Pradesh:Economy current affairs GSDP The Gross State Domestic Product of Madhya Pradesh at current prices for 2017-18 is estimated to be Rs. 7,35,246 crore. This is 13.9% higher than the revised estimate for 2016-17. Between 2011-12 and 2015-16, the state’s GSDP grew at an average annual rate of 7.5% (at constant prices). Over this period, per capita income increased from Rs 43,082 to Rs 54,190, an average increase of 5.9%. In 2015-16, the state’s GDP grew at 8.7%, at constant prices. The agriculture sector grew at 7.2% (at constant prices) as compared to 2014- 15, while the manufacturing sector ... Read more

Rural Development of Madhya Pradesh

Rural Development of Madhya Pradesh MP Rural Development:- various central Government schemes:-Purpose +objective:- The Principal organ at District level, to develop District capabilities. Specialized and professional agency, capable of effective programme design, and implementation of different anti-poverty programmes. Provide the linkage and support to the implementing systems. DISTRICT RURAL DEVELOPMENT ADMINISTRATION SCHEME:- For the monitoring of the department’s schemes at district level, 75 percentage as central share and 25 percentages as state share are allocated for the salary,allowances and other administrative expenses of the staff.   SWARNA JAYANTI GRAM SWAROJGAR YOJANA:- establish small industries in large scale in rural areas for the ... Read more

Development of Mining Sector of Madhya Pradesh

Development of Mining Sector of Madhya Pradesh Mineral wealth of MP, and ranking in mineral:- Madhya Pradesh is richly endowed with rich mineral reserves. In Mineral Production ,the state ranks fourth after Jharkand, Chhattisgarh and Orissa. Madhya Pradeshis the only state of the country producing diamond in the country. MadhyaPradesh stands first in production of Copper Ore and Pyrophyllite. It is second largest producer of Rock phosphate, manganese ore, Diaspore, Slate. While stands third in producing the Limestone, Shale and Manganese Ore. Around 23 major and minor minerals are being mined in the state. In industrial and economic development of ... Read more

12th FYP of Madhya Pradesh

12th FYP of Madhya Pradesh To achieve an overall growth rate of 12.0%. This is envisaged to be achievedthrough 9% growth in agriculture and allied sectors, 12.0% growth in industry and 13.75% growth in service sector. To reduce poverty levels from 36.7% of 2009-10 to 15% To achieve the literacy rate of 100% by the end of the Plan and reduce gender gap in literacy to almost zero. To achieve reduction in dropout rate to less than 5% by 2016-17 and eliminate gender disparity in elementary education. To bring down population growth rate to 1.62% by 2017. To improve health ... Read more

Madhya Pradesh Human Development Index,

Madhya Pradesh Human Development Index   The HDI is a measure for evaluating progress in three fundamental estimations of human change: a long and solid life, access to learning, and access to an unrivaled than ordinary way of life. The world’s best three nations in HDI are Norway, Australia and Switzerland. India slid one place to 131st place from 130 among the 188 nations arranged like human progress. India’s HDI estimation of 0.624 spots it in the “medium human movement” arrange, close to nations, for example, Congo, Namibia and Pakistan. It is arranged third among the SAARC nations, behind Sri ... Read more

Madhya Pradesh trade and commerce

  Madhya Pradesh trade and commerce Madhya Pradesh is emerging as vibrant state now. Gone are the days, when it was called diseased state. It is all because of increase in trade and commerce activities in the state. Trade and commerce has facilitated for all round development of state along with employment generation. Steps taken by government to advance trade and commerce Executive Graamin Sadak Yojana, in the midst of 2016-17, the state government has centered improvement of more than 2,000 km of boulevards. For the progression of various lanes in the express, the state government has proposed circulation of ... Read more

Madhya Pradesh Major Projects and Schemes

Madhya Pradesh Major Projects and Schemes Madhya Pradesh government has implemented various schemes in the state for all round development of state. We will learn about major schemes of the state which have been implemented recently. MukhyamantriKaushalSamvardhanYojana (MMKSY) The state legislature of Madhya Pradesh has presented the MukhyamantriKaushalSamvardhanYojana (MMKSY) or CM Skill Development Scheme in the state. The point of this plan is to give free of cost expertise preparing to the young of the state. As indicated by the notice, this plan will cover around 2,50,000 youth consistently over the state. Through MukhyamantriKaushalSamvardhanYojana (MMKSY), the legislature will enhance the ... Read more