Madhya Pradesh Pushes for Bigger Share in Central Taxes

Bhopal

Chief Minister Mohan Yadav on Thursday urged the central government to increase states’ share in central taxes from 41% to 48%, arguing that stronger states will drive national progress. Addressing the 16th Finance Commission in Bhopal, he highlighted Madhya Pradesh’s growing financial needs and pledged to double the state’s budget within five years.

Yadav outlined key development priorities, including river-linking projects with Rajasthan, Uttar Pradesh, and Maharashtra, the distribution of 30 lakh solar pumps to farmers, and the expansion of irrigation, which now covers 48 lakh hectares. He also emphasised Madhya Pradesh’s success in attracting Rs 30.77 lakh crore in investment proposals and announced plans to set up industry cells in every district.

Finance Commission Chairman Arvind Panagariya acknowledged Madhya Pradesh’s progress but urged a balanced focus on industrialisation alongside agriculture. Commission members praised the state’s financial management and policy reforms, calling it an example for other states.

Deputy Chief Minister Jagdish Devda highlighted Madhya Pradesh’s revenue surplus and efficient financial planning, crediting it for securing maximum funds from the central government. Chief Secretary Anurag Jain outlined the state’s long-term roadmap, aligned with India’s 2047 development vision, and emphasised investment in tourism, industry, and digital governance.

The meeting concluded with a formal submission of the state’s financial requirements, with officials outlining sector-wise funding priorities.