Current Affairs - State - Discussion

Madhya Pradesh has announced the introduction of a rolling budget system, making it the first state in India to adopt this approach. Under this initiative, the state will prepare budget estimates for 2026–27 along with indicative budgets for 2027–28 and 2028–29. The move, announced by the Deputy Chief Minister and Finance Minister, aims to make the budgeting process more transparent, public-friendly, practical, and focused on measurable outcomes. A rolling budget allows better medium-term planning, improves fiscal discipline, and enables the government to align spending priorities with long-term development goals.