Madhya Pradesh cabinet approves Rs 38,555 cr for roads, agri and IT sectors; sets up traders' welfare board

Bhopal: The Madhya Pradesh cabinet on Tuesday approved funds of Rs 38,555 crore for various departments, and sanctioned the establishment of a State Traders' Welfare Board to streamline grievance redressal and boost the state's economic infrastructure.

The meeting, chaired by Chief Minister Mohan Yadav, earmarked Rs 32,405 crore for road infrastructure and maintenance of government housing for the 16th Finance Commission period (2026-2031), while also approving Rs 2,442.04 crore for the "Self-Reliance in Pulses Mission" to strengthen the agriculture sector over the next five years.

The cabinet has allocated Rs 2,412 crore for the construction of new anganwadi centres and the smooth operation of 'Mission Vatsalya', and Rs 1,295.52 crore for the IT and electronics manufacturing sector, an official said.


He said that the cabinet has also decided to establish the State Traders' Welfare Board, which will serve as a powerful medium for quick resolution of traders' problems and establishing direct communication with the government.

This initiative is a major step towards accelerating the state's economy and ensuring inclusive development, the official said.

It has also approved the formation of district-level committees to protect the interests of the state's business community, promote their overall development, and promptly resolve their problems, he said.

"This step, taken to fulfil the objectives of the National Traders Welfare Board established by the Government of India, aims to establish a direct communication mechanism between the state's traders and the government, thereby removing obstacles in the business sector and boosting the state's economy," the official said.

The cabinet also sanctioned Rs 1,295.52 crore for the continuation and operation of electronics manufacturing clusters and IT-related schemes under the Department of Science and Technology.