MP CM Praises Union Budget as Blueprint for Developed India

Madhya Pradesh Chief Minister Mohan Yadav applauded the Union Budget presented by Finance Minister Nirmala Sitharaman, highlighting its focus on agricultural productivity, employment, economic development, and social justice. The budget includes significant allocations for job creation, rural development, and infrastructure to spur economic growth.

Madhya Pradesh Chief Minister Mohan Yadav on Tuesday hailed the Union Budget, describing it as a foundational step toward achieving a developed India.

Yadav emphasized that the Budget embodies the spirit of a 'resplendent India,' aiming to regulate inflation and enhance agricultural productivity, employment, skill and economic development, inclusive human resource development, and social justice.

Finance Minister Nirmala Sitharaman, who presented the Budget, announced a massive Rs 2 lakh crore outlay for job creation over the next five years. The Budget also allocated Rs 2.66 lakh crore for rural development and continued Rs 11.11 lakh crore spending on long-term infrastructure projects to boost economic growth.

In addition, the Budget set aside Rs 1.52 lakh crore for agriculture and allied sectors, proposed aid for building three crore affordable housing units in urban and rural areas, provided credit support to small and medium businesses, and increased small loans to Rs 20 lakh for small enterprises. It also proposed the establishment of 12 industrial parks and a Rs 1,000 crore venture capital fund for the space sector.