Madhya Pradesh Bets On 'Dwarka', 'Yashoda' Schemes In Rs 4.38 Lakh Crore Budget

The Madhya Pradesh government has presented a substantial budget of Rs 4.38 lakh crore for the fiscal year 2026-27, sparking significant political discussions. Chief Minister Mohan Yadav's administration has emphasized welfare initiatives, embedding strong religious symbolism within their financial proposals. Among the key highlights are the 'Dwarka' and 'Yashoda' schemes, aimed at enhancing social welfare and development in the state. The budget reflects a commitment to ambitious spending, which the government argues will bolster economic growth and improve living standards. However, the opposition has raised concerns about the sustainability and implications of such expansive fiscal policies, questioning the potential impact on the state’s fiscal health. As the government continues to push for these initiatives, the political landscape in Madhya Pradesh is set for intense scrutiny and debate, particularly regarding the effectiveness of such welfare measures amidst broader economic challenges.