MP CM Praises Union Budget 2026–27, Highlights PM MITRA Park and Industrial Growth
Home StateMadhya PradeshMP CM Praises Union Budget 2026–27, Highlights PM MITRA Park and Industrial Growth

MP CM Praises Union Budget 2026–27, Highlights PM MITRA Park and Industrial Growth

Budget emphasizes economic growth, youth empowerment, and welfare of farmers and women

by Desk

Chief Minister Dr. Mohan Yadav said that the Union Budget for the year 2026–27, delivered by Union Finance Minister Smt. Nirmala Sitharaman under the leadership of Prime Minister Shri Narendra Modi, is an effective step towards attaining the aim of Viksit Bharat@2047. The budget has a special focus on the poor, youth, farmers, and women. This budget will further accelerate development and play a vital role in setting the Indian economy at a higher level in the global economy. Boosting economic progress, fulfilling the expectations of the general public, and the spirit of Sabka Saath, Sabka Vikas are the primary elements of the budget.

Chief Minister Dr. Yadav said that provisions for the development of cities with a population of more than five lakh, spending ₹5,000 crore over five years on all urban economic zones, developing pilgrimage sites in smaller cities, constructing one women’s hostel in every district, and upgrading district hospitals will greatly benefit the state. He delivered his reply to the Union Budget 2026–27 after talking with topic specialists and exchanging thoughts on the budget at Daly College, Indore. He said that the Union Budget is being widely praised across all industries.

Madhya Pradesh will gain from the Union Budget’s emphasis on textile industry reforms, according to Chief Minister Dr. Yadav. Prime Minister Shri Modi has given Madhya Pradesh a huge boost in the textile sector in the form of a PM MITRA Park. This would create employment chances for three lakh people and aid six lakh farmers. With this park, the Malwa–Nimar region of the state is set for a new take-off. Madhya Pradesh and the entire country will gain particularly from the central government’s extensive plans for the textile industry sector. Chief Minister Dr. Yadav thanked Prime Minister Shri Modi and the Union Finance Minister for the Union Budget 2026–2027 on behalf of the state’s citizens.

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The budget has efforts to streamline income tax procedures for small taxpayers, according to Chief Minister Dr. Yadav. A 4.3 percent budget deficit objective has been established. A grant of ₹1.40 lakh crore has been designated for the states, from which Madhya Pradesh will also benefit. He claimed that India will be developed as a biopharma hub, and clinical trial locations will also be built. Provisions have been made in the Union Budget to devote special attention to the care ecosystem, which will ensure special arrangements for the treatment of senior residents. Medicines for critical ailments will also become more affordable, offering relief to all sections of society.

Chief Minister Dr. Yadav said that focus has been given in the Union Budget to the strategic development of industrial sectors, which will make India a worldwide manufacturing hub. Greater focus will be placed on research and development and the significant usage of artificial intelligence. He stated that efforts to supply appropriate guides at important tourist attractions will improve employment prospects in the tourism sector. The move to unlock archaeologically protected sites will acquaint and excite individuals from India and outside with the country’s rich ancient legacy. He went on to say that tax breaks for foreign visitors will increase India’s significance in the world travel industry. Chief Minister Dr. Yadav said that the third budget of the Modi Government 3.0 is in accordance with the concept of Sabka Saath, Sabka Vikas.

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