Madhya Pradesh Rolling Budget System: Three-Year Financial Planning

Key facts

• Madhya Pradesh is set to implement a rolling budget system, making it the first state in India to prepare a budget for three years ahead.
• The state will draft indicative budget estimates for 2027-28 and 2028-29, marking Madhya Pradesh as the first Indian state to adopt a rolling budget approach.
• The upcoming state budget for 2026-27 will be crafted to meet public expectations while embodying the democratic spirit.
• The government engaged economists and field experts through a 'Budget Dialogue Programme' and received over 945 public suggestions.
• The initiative aims to prioritize agriculture while boosting capital expenditure, aligning with the vision for a 'Developed India 2047.'