Madhya Pradesh Approves ₹5,960 Crore for Development and Cultural Pride

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Deependra Singh

Madhya Pradesh Approves ₹5,960 Crore for Development and Cultural Pride

Bhopal, June 23: The government of Madhya Pradesh, led by Chief Minister Mohan Yadav, has approved a substantial amount of ₹5,960 crore during a cabinet meeting aimed at promoting comprehensive development, public welfare, and cultural pride in the state. The meeting took place on Tuesday at the state secretariat.

The cabinet has also sanctioned ₹1,740.57 crore for the continuous operation of the Mukhyamantri Kanya Vivah Sahayata Yojana and Kalyani Vivah Sahayata Yojana for five years, starting from April 1, 2026. The Mukhyamantri Kanya Vivah Sahayata Yojana has been in effect since April 1, 2006, and is implemented by the state government. Under this scheme, financial assistance of ₹55,000 is provided for the collective marriages of eligible girls from economically disadvantaged, orphaned, and impoverished families.

Additionally, the cabinet has given in-principle approval for upgrading government secondary schools to high schools and high schools to higher secondary schools to enhance students’ academic access and quality. According to the approval, 75 secondary schools will be upgraded to high schools and 100 high schools to higher secondary schools in the year 2026-27.

Similar upgrades for 75 secondary and 100 high schools will also be approved for the subsequent two years, 2027-28 and 2028-29. The estimated expenditure for these upgrades is projected to be ₹635.24 crore.

Under the “Developed Madhya Pradesh 2047” initiative, the state aims to achieve a 100% gross enrollment ratio by the year 2029. The cabinet has also approved terms for providing short-term crop loans to farmers at a zero percent interest rate for the year 2026-27.

As per the approval, there will be a single annual loan limit instead of separate due dates for Kharif and Rabi seasons. This will include sub-limits for cash and commodity loans. The due date for farmers will be set at 12 months from the first loan withdrawal based on the approved annual limit. Farmers availing short-term crop loans will receive a 1.25% interest subsidy (normal) and an additional 4% incentive (extra interest subsidy) for timely repayment of loans by the designated due date, as provided by the state government.

– S.N.P/A.S.H

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