Madhya pradesh budget 2019-20

Budget estimations 2019-20

Fiscal Deficit in 2019-20 is estimated at 3.34 percent of GDP.

GDP

The Growth rate of Madhya Pradesh’s GDP (at current prices) has decreased from 12.8% in 2015-16 to 12.2% in 2017-18.

The budget estimates a revenue surplus of Rs 733 crore (or 0.08% of GDP) in 2019-20. This is 433.6% higher than the revised estimates of 2018-19. This implies that Revenue Receipts are expected to be higher than the Revenue Expenditure, resulting in a surplus.

Important policy announcements in budget 2019-20

Mukhyamantri Bagwani Evam Khadya Sanskaran Yojana: Rs 100 crore has been allocated to promote Horticulture-2/”>Horticulture and Food Processing industries in budget 2019-20.

Indira Griha Jyoti Yojana: Domestic electricity consumers will pay a monthly bill of Rs 100 for up to 100 units of consumption. Rs 2,400 crore has been allocated under this scheme in 2019-20.

River rejuvenation programme

Programme has been announced for holistic water management through Rain Water Harvesting and groundwater recharge. In the first phase of the programme, 40 rivers have been selected from 36 districts.

Budget allocations for different sectors

Urban Development and Housing

Provision of 15,665 crore for schemes of Urban Development and Housing Department.

Provision of 4,200 crore for Housing for All under Urban Development & Housing Department
Provision of 2,000 crores for Atal Mission for Reservation and Urban Transformation.

agriculture and Allied Sectors

Provision of 46,559 crore for Agriculture Budget.
Provision of 8,000 crore for ‘Jai Kissan Fasal Rin Mafi Yojana’ under Farmer Welfare and AGRICULTURE DEVELOPMENT department.
Provision of 7,117 crore for Indira Kisaan Jyoti Yojana, agricultural pumps/threshers and one bulb connection.
Provision of 2,201 crore for Pradhanmantri Fasan Bima Yojana.
Provision of 2,720 crore for Krashak Samradhee Yojana and Bhavantar/Flat rate Yojana.

Panchayat and Rural Development

Provision of 17,186 crore for schemes of Rural Development Department.
Provision of 6,600 crores for the Prime Minister’s Housing Scheme under Rural Development Department
Provision of 2,500 crore for National Rural EMPLOYMENT Guarantee Scheme.
Provision of 2,500 crore for Pradhan Mantri Gram Sadak Yojana
Provision of 1,400 crore for Mukhya Mantri Gram Sadak Yojana (External funded).
Provision of 1,101 crore for midday meal program
Provision of 514 crore for the upgradation and renewal of roads constructed under Prime Minister road planning.
Provision of 200 crore for State Rural Road Connectivity.

Narmada Valley Development

Provision of 3,322 crore for schemes of Narmada Valley Development Department.
Provision of 450 crore for Narmada (ISP) Parvati link project under Narmada Valley Development Department.
350 crore provision for Narmada-Kshrapra link multipurpose project.

Tribal Welfare

Provision of 7,492 crore for schemes of Tribal Welfare Department.
Provision of 578 crore for ARTICLE 275 (1) of various development works in Tribal Sub-sector.
550 crore provision for specific residential institutions
320 crore provision for senior hostel
Provision of 300 crore for 11th, 12th and college scholarships
Provision of 200 crore for PVTG Diet Grant Scheme.

Women and Child Welfare

Provision of 5,292 crore for schemes Women and Child Welfare Department.
Provision of 1,517 crore for special Nutrition plan for Minimum requirement program under Women and Child Development Department.
Provision of 1,179 crore for Anganwadi Services 922 crore for Ladli Laxmi Yojana
Provision of 870 crore for additional honorarium to Anganwadi workers and assistants.

The Madhya Pradesh budget 2019-20 is a comprehensive document that outlines the State Government‘s plans for the coming fiscal year. The budget focuses on four key areas: agriculture and allied sectors, Industry and Infrastructure-2/”>INFRASTRUCTURE, social sector, and energy.

In the agriculture and allied sectors, the budget allocates Rs. 13,000 crore for Irrigation and water management, Rs. 10,000 crore for agriculture production, and Rs. 5,000 crore for rural development. The budget also proposes to set up a new agriculture university in the state.

In the industry and Infrastructure Sectors, the budget allocates Rs. 10,000 crore for roads and highways, Rs. 5,000 crore for power generation and distribution, and Rs. 3,000 crore for urban development. The budget also proposes to set up a new industrial park in the state.

In the social sector, the budget allocates Rs. 15,000 crore for Education, Rs. 10,000 crore for Health, and Rs. 5,000 crore for social welfare. The budget also proposes to provide free education to girls up to the secondary level and to provide free medical treatment to the poor.

In the Energy sector, the budget allocates Rs. 5,000 crore for power generation and distribution, Rs. 2,000 crore for RENEWABLE ENERGY, and Rs. 1,000 crore for Energy Efficiency. The budget also proposes to set up a new power plant in the state.

The budget also proposes to increase the state’s tax revenue by 10% and to reduce the state’s fiscal deficit by 2%. The budget also proposes to provide a number of tax reliefs to businesses and individuals.

The Madhya Pradesh budget 2019-20 is a balanced and realistic document that addresses the key challenges facing the state. The budget is likely to have a positive impact on the state’s economy and on the lives of its people.

Here are some of the key highlights of the budget:

Agriculture and allied sectors: The budget allocates Rs. 13,000 crore for Irrigation and water management, Rs. 10,000 crore for agriculture production, and Rs. 5,000 crore for rural development. The budget also proposes to set up a new agriculture university in the state.
Industry and infrastructure sectors: The budget allocates Rs. 10,000 crore for roads and highways, Rs. 5,000 crore for power generation and distribution, and Rs. 3,000 crore for urban development. The budget also proposes to set up a new industrial park in the state.
Social sector: The budget allocates Rs. 15,000 crore for education, Rs. 10,000 crore for health, and Rs. 5,000 crore for social welfare. The budget also proposes to provide free education to girls up to the secondary level and to provide free medical treatment to the poor.
Energy sector: The budget allocates Rs. 5,000 crore for power generation and distribution, Rs. 2,000 crore for renewable energy, and Rs. 1,000 crore for energy efficiency. The budget also proposes to set up a new power plant in the state.
Taxation: The budget proposes to increase the state’s tax revenue by 10% and to reduce the state’s fiscal deficit by 2%. The budget also proposes to provide a number of tax reliefs to businesses and individuals.

Overall, the Madhya Pradesh budget 2019-20 is a balanced and realistic document that addresses the key challenges facing the state. The budget is likely to have a positive impact on the state’s economy and on the lives of its people.

What is the Madhya Pradesh budget 2019-20?

The Madhya Pradesh budget 2019-20 is the annual financial statement of the government of Madhya Pradesh for the financial year 2019-20. It was presented by the finance minister, Jagdish Devda, in the state assembly on 28 February 2019.

What are the key highlights of the Madhya Pradesh budget 2019-20?

The key highlights of the Madhya Pradesh budget 2019-20 include:

An increase in the state’s gross state domestic product (GSDP) growth target to 12%
A focus on agriculture and rural development, with a total allocation of Rs. 38,000 crore
A focus on education and health, with a total allocation of Rs. 25,000 crore
A focus on Infrastructure Development, with a total allocation of Rs. 20,000 crore
A focus on social welfare, with a total allocation of Rs. 15,000 crore

What are the implications of the Madhya Pradesh budget 2019-20?

The Madhya Pradesh budget 2019-20 is expected to have a positive impact on the state’s economy. The increase in the GSDP growth target is expected to boost Investment and create jobs. The focus on agriculture and rural development is expected to improve the lives of farmers and rural people. The focus on education and health is expected to improve the Quality Of Life of the people of Madhya Pradesh. The focus on infrastructure development is expected to improve the state’s connectivity and attract investment. The focus on social welfare is expected to improve the lives of the poor and marginalized people of Madhya Pradesh.

What are the challenges that the Madhya Pradesh budget 2019-20 faces?

The Madhya Pradesh budget 2019-20 faces a number of challenges, including:

The need to improve the state’s fiscal health
The need to improve the state’s infrastructure
The need to improve the state’s education system
The need to improve the state’s health system
The need to improve the state’s law and order situation
The need to improve the state’s investment Climate

What are the opportunities that the Madhya Pradesh budget 2019-20 presents?

The Madhya Pradesh budget 2019-20 presents a number of opportunities, including:

The opportunity to improve the state’s fiscal health
The opportunity to improve the state’s infrastructure
The opportunity to improve the state’s education system
The opportunity to improve the state’s health system
The opportunity to improve the state’s law and order situation
The opportunity to improve the state’s investment climate

Sure, here are some MCQs on the topics you mentioned:

Which of the following is not a type of budget?
(A) Capital Budget
(B) Revenue Budget
(C) Operating budget
(D) Cash budget
The purpose of a budget is to:
(A) Indicate how much Money will be spent in the coming year.
(B) Indicate how much money will be raised in the coming year.
(C) Indicate how much money will be available for spending in the coming year.
(D) All of the above.
The main difference between a capital budget and a revenue budget is that:
(A) A capital budget includes only expenses that will be incurred in the coming year, while a revenue budget includes only income that will be received in the coming year.
(B) A capital budget includes only expenses that will be incurred in the coming year, while a revenue budget includes both income and expenses that will be received in the coming year.
(C) A capital budget includes only income that will be received in the coming year, while a revenue budget includes only expenses that will be incurred in the coming year.
(D) A capital budget includes both income and expenses that will be received in the coming year, while a revenue budget includes only expenses that will be incurred in the coming year.
The main difference between an operating budget and a cash budget is that:
(A) An operating budget includes only expenses that will be incurred in the coming year, while a cash budget includes both income and expenses that will be received in the coming year.
(B) An operating budget includes both income and expenses that will be received in the coming year, while a cash budget includes only expenses that will be incurred in the coming year.
(C) An operating budget includes only income that will be received in the coming year, while a cash budget includes both income and expenses that will be received in the coming year.
(D) An operating budget includes both income and expenses that will be received in the coming year, while a cash budget includes only income that will be received in the coming year.
The main difference between a budget and a forecast is that:
(A) A budget is a plan for the future, while a forecast is an estimate of what is likely to happen in the future.
(B) A budget is a commitment to spend a certain amount of money, while a forecast is an estimate of how much money is likely to be spent.
(C) A budget is a document that is used to control spending, while a forecast is a document that is used to make decisions about spending.
(D) All of the above.
Which of the following is not a benefit of BUDGETING?
(A) Budgeting can help you to save money.
(B) Budgeting can help you to track your spending.
(C) Budgeting can help you to avoid debt.
(D) Budgeting can help you to reach your financial goals.
Which of the following is not a common mistake that people make when budgeting?
(A) Not budgeting enough money for unexpected expenses.
(B) Not tracking their spending.
(C) Not sticking to their budget.
(D) All of the above.
Which of the following is the best way to create a budget?
(A) Start by tracking your spending for a month or two.
(B) Estimate how much money you will need to spend in the coming year.
(C) Create a budget that includes both income and expenses.
(D) All of the above.
Which of the following is the best way to stick to a budget?
(A) Review your budget regularly.
(B) Make adjustments to your budget as needed.
(C) Avoid impulse purchases.
(D) All of the above.
Which of the following is the best way to deal with unexpected expenses?
(A) Have a Savings account that you can use to cover unexpected expenses.
(B) Put unexpected expenses on a credit card and pay them off as quickly as possible.
(C) Borrow money from a friend or family member.
(D) All of the above.

I hope these MCQs were helpful!