India, Feb. 19 -- Finance minister Jagdish Devda on Wednesday presented a Rs.4.38 lakh crore budget in the Madhya Pradesh Legislative Assembly, announcing welfare and infrastructure initiatives, including milk distribution under the mid-day meal scheme and major allocations for rural and urban development.

The estimated revenue receipts were Rs.3,08,703 crore, which include the state's own tax revenue of Rs.1,17,667 crore, the state's share of Central taxes at Rs.1,12,137 crore, non-tax revenue of Rs.24,394 crore, and grants-in-aid from the Centre of Rs.54,505 crore. The budget reflects a 10.69% increase over the 2025-26 estimate. The BE for 2026-27 is Rs.3.89 lakh crore, an increase of approximately 7.5% over the RE of Rs.3.53 lakh cror...