Madhya Pradesh: Preps For Revised Budget Estimate And Full-Fledged Budget Kick-Start

Bhopal (Madhya Pradesh): Madhya Pradesh government has started the process of preparing revised budget estimate of financial year 2025-26 and full-fledged budget 2026-27. This time also, priority is being given to Zero Based Budgeting so that financial discipline could be maintained. Moreover, the government has decided to prepare three-year Rolling Budget for year 2027-28 and 2028-29 which is focused on ‘Viksit Madhya Pradesh 2027’ theme.

Under Zero-Based Budget concept, departments have to make it clear that why they need money for scheme and who will get benefitted and what will be the impact on socio-economic situation. Under this process, non-effective schemes will be done away with and schemes of the same nature will be unified.

The finance department has asked all departments to be careful while calculating permanent expenditure like salary, pension and allowance. In every financial year, 3% annual growth will be added into the salary. The calculation of Dearness Allowance (DA) will be calculated as 74%, 84% and 94%.

Provision of 4% annual growth in salary of contractual employees will remain into effect. The finance department has made it clear that it will be necessary to fix 16% budget for Schedule Caste Sub Plan and 23% budget for Schedule Tribe Sub Plan. In this regard, segment coding arrangement will be made so that transparency could be brought into the schemes.