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The impact of the double engine government, the gallop in MP will run the development car… will get more than one and a half lakh crores

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The impact of the double engine government in Madhya Pradesh is clearly visible. In the year 2025-26, Rs 1,11,661 crore will be received in the central taxes, which is Rs 15,908 crore more than the current financial year.

By Prashant Pandey

Publish date: Sun, 02 Feb 2025 07:55:48 am (IST)

Updated date: Sun, 02 Feb 2025 08:08:17 AM (IST)

The wheel of development of Madhya Pradesh rests on the general budget.

Highlights

  1. Central taxes increased by Rs 15,908 crore, will get Rs 1,11,661 crore.
  2. Assistance grants in central schemes will be available around 45 thousand crores.
  3. In 2024-25, now an additional Rs 5,247 crore will be received in the central taxes.

Vaibhav Sridhar Naiduniya, Bhopal (Budget 2025). The impact of the government of double engine in the Center and the state is now clearly coming out. In the year 2025-26, the central taxes will get Rs 1,11,661 crore, that is, the state will get more than Rs 15,908 crore than the current financial year.

Not only this, aid grant in various central schemes will be available around 45 thousand crore rupees. If both the amount is mixed, the state will get more than Rs 1.5 lakh crore in the coming financial year.

5,247 crore will get additional

At the same time, according to the revised estimate of 2024-25, now an additional Rs 5,247 crore will be received in the part of the central taxes. It is noteworthy that in the news published by Naiduniya, ‘Hope to get Mohan Sarkar, awakened one and a half lakh crores’, the state can get one and a half lakh crore rupees in the coming year.

After GST, the main basis of the state budget is the assistance from the central government. In the budget of 2024-25, it was estimated to get share and central assistance grant in central taxes around one lakh 40 thousand crore rupees.

naidunia_image

7.82 percent amount is received

Now the state is receiving more money from this. In fact, the central government gives 41 percent of the total revenue to the states as part in the central taxes. In this, Madhya Pradesh gets 7.82 percent amount.

It was estimated at Rs 95 thousand 753 crore for the current financial year. The state will now get Rs 5,247 crore more in proportion to the amount received from central taxes. The government will use it to speed up development projects.

This amount will be increased by Rs 15,908 in the next financial year. Assistance grant for implementation of central schemes will be more than 45 thousand crore rupees. It will be about 600 crores more. It will definitely affect the implementation of the schemes.

Special capital assistance will get 12 thousand crore rupees

In the budget, the government has decided to keep the special capital assistance scheme continuously to speed up infrastructure development. Capital expenditure in the state is being increased continuously. In the year 2024-25, a target was set to get Rs 15 thousand crore.

naidunia_image

6,187 crore has been received and proposals of seven thousand crore rupees have been sent. The government hopes that the state will get more than 12 thousand crore rupees in this scheme in this scheme. It is noteworthy that the state government has a target of capital investment of Rs 64,738 crore in the current financial year.

Government can take up to three percent loan of GSDP

In the pre -budget meeting, the state government had demanded permission to take up to four percent loans in proportion to the GDP in proportion to the GDP, but it was not accepted before the Union Finance Minister.

The state can take loans from the market through the Reserve Bank of India only in proportion to GSDP. Half a percentage loan can be taken to take the prescribed steps to improve the field of energy. It is noteworthy that when the 16th Finance Commission comes in the first week of March, the issue will once again be raised by citing better financial management.

Now the state government will start to finalize the budget

Sources say that the situation has become clear from the general budget regarding the amount received by the state in the upcoming financial year.

Based on this, the state government will now be engaged in finalizing its budget. This time it can be up to four lakh crore rupees. Chief Minister Dr. Mohan Yadav will hold a meeting with ministers and officials regarding the first budget of February 15.

(Tagstotranslate) Budget 2025 (T) MP BUDGET (T) Central Funds (T) Development Projects (T) Double Engine Government (T) Mp News (T) MP News (T) Madhya Pradesh News (T) Topnews

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Sonu Kumar
Sonu Kumarhttp://newstiger.in
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