Bhopal (Madhya Pradesh): Deputy Chief Minister Jagdish Devda is going to present the first and complete budget of the Mohan Yadav-led government on Wednesday. This is the sixth budget to be presented by Devda. Because of the Lok Sabha election last year, a vote on account was passed for four months, so the government came up with the budget for eight months. This is the first and complete budget to be presented by the Mohan Yadav-led government.
According to sources, the budget may be worth Rs 4.20 lakh crore. There will be no new taxes in the budget besides the budget will be without any proposal for reducing the prices of diesel and petrol, sources said. The budget is likely to pay more attention on women and youths, so it may consist of a major scheme connected to women’s employment. The government may also announce creation of jobs for youths. The schemes related to self-employment schemes for the youths may be announced in the budget. It will also focus on industries and tourism sector.
The government is going to make provisions for investments in the industries after the Global Investors Summit. Policies have been made to encourage industries, so there will be provisions for it in the budget. There are indications that a huge amount of grants may be set aside for the Water Resources Department and the Narmada Valley Development Department to strengthen the irrigation system.
Second supplementary budget worth Rs 19,206 cr put up in House for 20 days
Deputy Chief Minister Jagdish Devda put up the second supplementary budget in the House to meet the expenses for 20 days on Tuesday. The supplementary budget is up to March 31 this year, and it will not be in operation afterwards. A sum of Rs 726 crore has been sanctioned to meet the expenses of GIS and Regional Investors Conclave.
The Public Works Department has been given a budget to meet the expenses for the GIS in Bhopal. Apart from that, a sum of Rs 205 crore was sanctioned for repairing government bungalows where the ministers are living. A provision for Rs 2,000 crore was made for procurement in the food and civil supplies department.
