The correct answer is D) All of the above.
According to the 2022-23 budget of Madhya Pradesh, the following are the major allocations:
- Social Welfare Schemes: 24.4%
- Infrastructure Development: 19.6%
- Debt Servicing: 17.8%
Other major allocations include agriculture (12.2%), education (11.1%), health (8.1%), and energy (7.4%).
The state government has been making significant investments in social welfare schemes in recent years. These schemes provide a range of benefits to the poor and vulnerable sections of society, such as pensions, scholarships, and health care. The government has also been investing in infrastructure development, such as roads, bridges, and power plants. This is aimed at improving the quality of life of the people and promoting economic growth. The government has also been taking steps to reduce the state’s debt burden. This is being done through a combination of measures, such as increasing revenue collection and cutting expenditure.
The government’s budget allocations are a reflection of its priorities. The allocations for social welfare schemes, infrastructure development, and debt servicing indicate that the government is committed to improving the lives of the people and promoting economic growth.