Supplementary demands to date are 20% of state's budget, suggests fiscal indiscipline

Supplementary demands to date are 20% of state's budget, suggests fiscal indiscipline

- Surendra P Gangan

NAGPUR: The state government presented supplementary demands amounting to ₹35,788 crore on the first day of the winter session of the state legislature. This has taken the total sum in supplementary demands presented in the current fiscal to ₹1,30,677 crore, including ₹94,889 tabled in July this year.

The supplementary demands tabled so far are 19.43% of the state's budget, and the percentage is expected to go up further, after supplementary demands are tabled in Feb-March 2025.

Maharashtra's budget is ₹6.69 lakh crore and the supplementary demands are an additional budget aimed at meeting unplanned expenditure. Typically, they are expected to be around 10% of the budget, and exceeding this is considered fiscal indiscipline, according to experts. The supplementary demands tabled on Monday are expected to increase the fiscal deficit already pegged at ₹1,10,355 crore.