The Madhya Pradesh CM terms the Union Budget a forward-looking plan aligning with India’s goal of self-reliance and sustainable development.
In a strong endorsement of the Union Budget 2026, Madhya Pradesh Chief Minister Dr. Mohan Yadav described the financial blueprint presented by the Central Government as a “Roadmap for a Developed India.” The Chief Minister appreciated the Union Budget’s inclusive approach, emphasizing key focus areas such as Micro, Small and Medium Enterprises (MSMEs), heavy industries, and India’s growing commitment to sustainable energy through the Green Hydrogen Mission.
Dr. Yadav, who has consistently championed industrial growth and entrepreneurship in Madhya Pradesh, said that this year’s Union Budget clearly reflects the Central Government’s vision of realizing the dream of Viksit Bharat by 2047. He emphasized that the initiatives announced will empower every section of society—from farmers and small entrepreneurs to industrial investors—by creating a robust foundation for economic growth and sustainable development.
Focus on MSME Strengthening
The Chief Minister particularly welcomed the series of policy measures aimed at supporting the MSME sector. He noted that MSMEs are the backbone of India’s manufacturing and employment ecosystem, contributing significantly to both GDP and exports. According to Dr. Yadav, the new budget’s provisions, including simplified credit access, technology upgradation incentives, and skill development schemes, will further energize this vital segment.
“The MSME sector plays a decisive role in employment generation and regional development. The new policies on credit facilitation, market access, and innovation support will help small enterprises scale up faster,” Dr. Yadav said.
He pointed out that Madhya Pradesh has already been proactive in creating an MSME-friendly environment through initiatives such as single-window clearance systems, cluster-based industrial development, and digital permit approvals. The alignment of state-level programs with the central government’s MSME schemes, he said, would multiply the benefits for entrepreneurs and investors alike.
The budget’s announcement of enhanced credit guarantees and technological interventions for MSMEs is expected to help millions of units modernize their operations, improve productivity, and generate greater employment opportunities, especially for youth and women in semi-urban and rural regions.
Boost for Heavy Industries and Manufacturing
Dr. Yadav also lauded the Union Government’s renewed emphasis on strengthening heavy industries, including manufacturing, defence production, and core engineering sectors. He noted that the budget’s continued push toward ‘Make in India’ and ‘Atmanirbhar Bharat’ aligns perfectly with Madhya Pradesh’s industrial policy goals.
The CM expressed optimism that new incentives for industrial corridors, advanced manufacturing parks, and infrastructure modernization will drive fresh investments into central India. He also highlighted that Madhya Pradesh is strategically positioned—with excellent connectivity and investor-friendly policies—to emerge as a hub for heavy industries, automobile production, renewable energy equipment manufacturing, and defence components.
“The industrial sector is the growth engine of a self-reliant India. Strengthening heavy industries means strengthening our industrial corridors, job creation, and the entire supply chain that supports small and medium enterprises,” he said.
The Chief Minister mentioned upcoming industrial projects in Pithampur, Mandideep, and Katni as examples of how the state is aligning itself with the national economic growth model. The state government, he said, will actively collaborate with the Centre to ensure faster implementation of industrial projects announced under the new budget framework.
Emphasis on Green Hydrogen and Energy Transition
Another major theme in Dr. Yadav’s reaction was the Centre’s strong emphasis on green hydrogen and renewable energy expansion. The Chief Minister referred to the Green Hydrogen Policy as a “transformational step” that will redefine India’s energy landscape, reduce carbon emissions, and open vast new investment opportunities.
He said that India has entered a new era of energy independence, where innovation and sustainability will walk hand in hand. The Union Budget’s proposal to scale up the National Green Hydrogen Mission, create green industrial clusters, and promote clean fuel adoption across sectors has been widely welcomed by states like Madhya Pradesh that are actively pursuing renewable energy expansion.
“The 2026 budget clearly recognizes that economic growth and environmental responsibility must move together. Green hydrogen will not only help India meet its climate goals but also create lakhs of new technical and engineering jobs across the nation,” Dr. Yadav remarked.
Madhya Pradesh, with its abundant natural resources, renewable energy capacity, and strategic central location, is already positioning itself as a hub for clean energy investments. The Chief Minister stated that new industrial policies and incentives being rolled out by his government will encourage private sector involvement in solar, wind, biogas, and hydrogen-based projects.
Support for Infrastructure, Skill Development, and Digital Empowerment
Dr. Yadav also touched upon the Union Budget’s focus on infrastructure modernization, skill development programs, and digital ecosystem expansion. He said that the Centre’s commitment to improving transport connectivity, logistics efficiency, and smart city infrastructure would accelerate both rural and urban development in Madhya Pradesh.
He particularly welcomed the allocation for highways, rail corridors, and industrial parks, noting that they would link the state’s growing industrial clusters with national supply chains. The Chief Minister also appreciated the government’s long-term vision for developing logistics parks and green freight corridors that will enable India’s manufacturing sector to compete globally.
In addition, he highlighted the importance of the skill development initiatives announced under the budget. With the emergence of new sectors such as electric mobility, artificial intelligence, and green energy technologies, he said, India needs a skilled workforce ready to meet global demands. Madhya Pradesh’s focus on vocational training and industry-linked education, he added, complements the Centre’s goal of creating a future-ready youth population.
“This budget reflects the government’s dedication to empowering our young population through skills, innovation, and digital access. It is a blueprint for both progress and empowerment,” Dr. Yadav said.
Moving Toward a Developed India
Concluding his remarks, Chief Minister Yadav congratulated Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for presenting what he called a forward-looking, growth-oriented, and inclusive budget. He said that the 2026 Union Budget upholds the promise of transforming India into a fully developed nation by 2047—one that balances economic ambition with social welfare and environmental commitment.
The Chief Minister reiterated Madhya Pradesh’s readiness to fully cooperate with all national programs announced in the budget, ensuring that the benefits reach the last citizen in the development chain. By working closely with the Centre, Dr. Yadav affirmed, the state will play a pivotal role in advancing the national mission of Viksit Bharat.
